Rowan Wins Contract for Offshore Newfoundland

Monday, April 04, 2005
Rowan Companies, Inc. was awarded a contract to drill two wells on the Grand Banks of Newfoundland, using a Super Gorilla class rig. The contract provides an option for a third well. This assignment, which is subject to certain regulatory approvals, should commence around mid-year and is expected to last into December 2005. After undergoing modifications, Rowan Gorilla VI will be relocated from the Gulf of Mexico to eastern Canada during the second quarter. Rowan estimates that revenues from this contract will be as much as $26 million, depending upon the duration of the assignment. Danny McNease, Chairman and Chief Executive Officer, commented, "We have been aggressively pursuing opportunities to diversify our drilling operations and better utilize our Super Gorilla and Gorilla class jack-up rigs. This contract serves both objectives. We are very excited about this opportunity to further demonstrate the capabilities of Rowan's equipment and personnel. We are also looking forward to returning to the eastern Canada drilling market where Rowan has operated for most of the past 25 years."

Offshore

MISC Enters Thai Offshore O&G Market

Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time.

Cathelco MGPS for Latest Lamprell-built Jack-up

Cathelco will provide a marine growth prevention system (MGPS) for the latest in a series of jack-up drilling rigs to be built by Lamprell, the UAE based  leading provider of fabrication,

New System Monitors Vessel Motion, Impact

UK Electronic Solutions (part of NSSLGlobal Group), has announced Oceanic Dynamics, a new self-contained motion and impact monitoring system suited to offshore vessels.

Workboats

MN100: Metal Shark Boats

The Company: Metal Shark is a leading shipbuilder specializing in the design and production of boats and ships for military, law enforcement, fire rescue, and

Tough Twins: New Fireboats for Port of Long Beach

Canada based naval architect and marine engineering firm Robert Allan Ltd. is a leading designer of high-performance response vessels of many types and in particular,

MN100: Voith Turbo

The Company: Voith Turbo specializes in the design, manufacture and servicing of high performance driveline equipment. From drive components to electronic drive systems,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.0711 sec (14 req/sec)