Mariner Energy Discusses Hornbeck-LEEVAC Announcement

Thursday, December 20, 2001
Mariner Energy, Inc. announced that consistent with the scheduled completion of its 2001 drilling program, it released the Noble Homer Ferrington semi-submersible rig and two offshore supply vessels owned by Hornbeck-LEEVAC Marine Services. Mariner has been pleased with the performance of Noble's semi-submersible to date and expects to continue utilization of the rig in its 2002 drilling program. Under the terms of Mariner's drilling contract with Noble, the term of Mariner's commitment to use the Homer Ferrington is not a single continuous period but, rather, occurs intermittently and is subject to the usage rights retained by Noble and those owned by others during their applicable "drilling slots". Mariner's release of the rig and the Hornbeck-LLEVAC vessels occurred at the scheduled end of Mariner's 2001 drilling program and in compliance with the applicable agreements. Mariner management believes that the breach of contract claims described by Hornbeck-LEEVAC in its recent announcement are without merit.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Norwegian Buys Ship from Princess Cruises

Norwegian Cruise Line Holdings Ltd. announces fleet expansion for Oceania Cruises in 2016; Sirena to join sister ships Insignia, Regatta and Nautica   Norwegian Cruise Line Holdings Ltd.

Thrustmaster Names Pineda Director of Sales and Marketing

Marcela Pineda has been promoted to Director of Sales and Marketing at Thrustmaster of Texas.   Pineda, a graduate of the University of Texas at Austin, is a

SENER Presents at SNAME Convention

SENER presents the module for the ship General Arrangement definition in FORAN SENER took part once again in the Annual Society of Naval Architects and Marine Engineers (SNAME) Convention in the U.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1411 sec (7 req/sec)