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Korean Shipbuilders Buoyed By High Oil Prices
The sky-high price of international oil causing jitters in many sectors of the economy is being met with rather more cheer by Korean shipbuilders. High oil prices…
Keppel FELS Partners With ENSCO
Keppel FELS Limited (Keppel FELS) has secured a contract to build a semisubmersible drilling platform, ENSCO 8500, for a subsidiary of ENSCO International Incorporated (ENSCO).
PPL Shipyard Completes Acquisition of Sabine Industries
Further to its announcement dated September 22, 2005, “SembCorp Marine’s PPL Shipyard Acquires Sabine Shipyard in Texas, USA”, SembCorp Marine is pleased to announce…
Noble Corp. Reports Rig Damage
prior to the storm's arrival and that all the company's units in the U.S. of Mexico have been secured. from their mooring lines as Hurricane Rita passed. system…
Scorpion Offshore Orders Two Rigs
Scorpion Drilling Ltd (Scorpion) has exercised its option to order two additional LeTourneau Super 116 jackups to be built at Keppel AmFELS in Brownsville, Texas.
ABS Fleet Reaches Record Mark
ABS has broken through the 120m gross ton mark to establish a new all time fleet record. The classification society has benefited from the current active newbuilding…
Sakhalin-1 Production Starts
Exxon Mobil subsidiary, Exxon Neftegas Limited, has commenced production from the multiphase Sakhalin-1 Project offshore Eastern Russia. The initial phase of the project will produce 50…
Aker Kvaerner to Deliver Drilling Systems to Jurong
Aker Kvaerner signed a contract with Jurong Shipyard in Singapore for delivery of advanced deepwater drilling systems for two semi-submersible drilling rigs to Seatankers Management Co. Ltd.
Daewoo Gets Two-Rig Order
Frigstad Offshore Drilling Ltd. reportedly signed with Daewoo Shipbuilding & Marine Engineering Co., Ltd to build a pair ultradeepwater semisubmersible drilling units.
Hurricanes Revive Florida Offshore Drilling Battle
America's thirst for energy and high fuel prices after hurricanes Katrina and Rita have rekindled the fight over oil and gas drilling off Florida, where clean beaches…
Sember Honored By U.S. Merchant Marine Academy
The U.S. Vice President of Energy Development William J. 19-21. by an alumnus of the USMMA at Kings Point, New York. Lauren S. with building the institution’s outstanding engineering department.
ABS Energy VP Sember Honored by USMMA
The U.S. Merchant Marine Academy (USMMA) honored ABS’ Vice President of Energy Development William J. Sember with its RearAdmiral Lauren S. McCready Award during…
LR ACP Program Includes MODUs
Lloyd’s Register has been authorized by the US Coast Guard (USCG) to extend its Alternate Compliance Program (ACP) capabilities to include mobile offshore drilling…
Diamond Offshore Drilling Announces 3Q Results
Diamond Offshore Drilling, Inc. reported net income of $82 million, or $0.60 per share on a diluted basis, for the third quarter of 2005, compared to net income of $2.9 million…
Wehausen, Leader in Marine Hydrodynamics, Dies
John V. Wehausen, professor emeritus of engineering science at the University of California, Berkeley, and one of the world's leading researchers in hydrodynamics, has died at the age of 92.
HHI Capitalizes on Offshore Business
The name Hyundai Heavy Industries (HHI) usually comes up with a name tag of the worlds largest shipbuilder. But the Ulsan-based company is now dreaming of becoming more than just a shipbuilder…
Dutch Offshore Activity On The Rise
Offshore oil and gas drilling continued to increase in the Dutch sector in the week ending June 9, with the rest of northwest Europe lagging behind last year’s levels…
Talks To End Soon On Azeri Drilling Rig Upgrade
The Caspian Drilling Company will reportedly end talks soon with U.S. Exxon and Chevron and Italy's Agip to upgrade one of Azerbaijan's two drilling rigs.
Statoil Says Withdraws Smedvig Lease Concelation
Statoil has reportedly withdrawn its cancellation of a one-year lease for the drilling vessel West Navion, owned 50-50 by Statoil's unit Navion and offshore firm Smedvig
Marine Drilling: Confident It Can Deliver On Time
Marine Drilling believes it will meet the July 15 contract deadline for the Marine 700 drilling rig but said that there is a risk it will fail. The readiness of…