Marine Link
Saturday, October 21, 2017

Drillships

Keppel to Build New Drillship to its Proprietary Design

The CAN DO drillship will be the front runner in exploration, development and completion operations. Following positive feedback and strong enquiries from the market, Keppel FELS Ltd (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd. (Keppel O&M), is proceeding with the building of its new CAN DO drillship. When completed in 2016, the drillship is expected to be a state-of-the-art deepwater exploration, development and completion drilling vessel. Chow Yew Yuen, Chief Operating Officer and CEO-Designate, Keppel O&M, commented, "As with all our market established proprietary designs, our new CAN DO drillship design was developed in close consultation with customers, major oil companies and vendors. The newly developed design is capable of handling next generation 20K psi blowout preventers.” He continued, "While most modern drillships currently in operation were designed and built for exploration drilling, industry feedback has revealed the need for vessels capable of performing development and completion drilling in addition to exploration drilling. Since the launch of our design earlier this year, we have received very encouraging response from the market, and we have decided to start constructing the first drillship to this design. We believe the drillship meets the high functionality, safety and cost-effective requirements of the industry."

Drillship Contracts Worth US$4-billion Awarded to Sembcorp

Sembcorp Marine secures US$ 4.032 Billion drillship contracts from Sete Brasil. Sembcorp Marine Ltd, through Jurong Offshore Pte Ltd’s wholly-owned subsidiarieshas secured contracts from Sete Brasil Participacǒes S.A. (Sete Brasil), for the design and construction of five drillships based on Jurong Shipyard’s proprietary Jurong Espadon drillship design. In addition to the above, Sembcorp Marine had earlier in the year announced that its wholly-owned Brazilian shipyard Estaleiro

Keppel Awarded Contract for Bully Drillship

Keppel Shipyard Limited was awarded a contract valued at about $100.7m for the integration and completion of a new build Bully drillship. Keppel secured the contract with a company jointly owned by Frontier Drilling and Shell. This is the second drillship of the Bully rig design awarded to Keppel by the same owners. The first Bully drillship was awarded in June 2007 with delivery by fourth quarter 2009. The new hull will be built in China and is due to arrive at Keppel Shipyard in the

Noble Corp. Orders Ultra-Deepwater Drillship

Noble Drilling Holding has signed contracts for the construction of a new, dynamically positioned, ultra-deepwater, harsh environment Globetrotter class drillship with 's STX Heavy Industries Co., LTD (STX) and Dutch-based design and construction firm Huisman Equipment B.V. The drillship will be built on a fixed-price basis in two phases. Following construction of the hull and installation of the propulsion system by STX at their new state-of-the-art facility in ,

Pride's Deep Ocean Clarion Delivered

Photo courtesy ABS

Pride International recently dedicated its ABS-classed deepwater drillship Deep Ocean Clarion at Samsung Heavy Industries Shipyard in Geoje, South Korea. This is the second of four new drillships for the deepwater drilling contractor. Its sister ship, the ABS-classed Deep Ocean Ascension was delivered in February 2010 and has been deployed to the Gulf of Mexico. The 96,000 dwt Deep Ocean Clarion is capable of dual drilling activity and can drill in water depths of up to 12,000 feet

Korean Yard to Build Fourth Atwood Ultra-deepwater Drillship

Atwood Deepwater Drillship: Photo courtesy of Atwood Oceanics

An Atwood Oceanics subsidiary has entered into a turnkey construction contract with Daewoo Shipbuilding & Marine Engineering to construct a fourth ultra-deepwater drillship, to be named 'Atwood Archer'. The Atwood Archer is expected to be delivered by December31, 2015 at a total cost, including two blowout preventers , project management, drilling and handling tools and spares, of approximately $635-million.  Upon delivery

Transocean Ultra-Deepwater Drillship Contract

Photo courtesy Transocean Ltd.

Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Discoverer Inspiration has commenced operations for Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE:CVX), in the U.S. Gulf of Mexico under a five-year drilling contract. The dynamically positioned double-hulled Discoverer Inspiration includes the most advanced drilling capabilities in the offshore drilling industry

DryShips Takes Delivery of First Newbuilding Drillship

DryShips Inc. (NASDAQ: DRYS) announced that its 78% owned subsidiary Ocean Rig UDW Inc. took delivery of its newbuilding drillship, the Ocean Rig Corcovado. The Ocean Rig Corcovado is the first to be delivered of the four sister drillship vessels that are being constructed at Samsung Heavy Industries. The construction of all vessels is progressing well and according to schedule. The vessels are sixth generation advanced capability ultra-deep water drillships

Five-year Contract for Pacific Drilling Vessel

Pacific Drilling S.A. announce a five-year contract from Chevron USA for its ultra-deepwater drillship 'Pacific Sharav' Pacific Sharav is scheduled for delivery by Samsung Heavy Industries in Korea in the fourth quarter of 2013, upon completion of construction and client requested modifications. The drillship will be capable of operating in water depths of up to 12,000 feet and drilling wells up to 40,000 feet deep.

Deepwater Market Surge Spurs Ensco Drillship Order

UK-based Ensco has ordered an additional advanced-capability DP3 ultra-deepwater drillship based on the Samsung GF12000 hull design. The vessel, ENSCO DS-10, will be the eighth Samsung DP3 drillship in the Ensco fleet, further extending the benefits of Ensco’s fleet standardization strategy. It will be built at the Samsung Heavy Industries, Co. Ltd. (SHI) shipyard in South Korea, with delivery scheduled for the third quarter of 2015

Spence Takes over as Noise Control Engineering President

Jesse Spence (Photo: Noise Control Engineering)

Glosten subsidiary Noise Control Engineering, LLC (NCE), a Massachusetts-based acoustical and structural engineering consultancy, said it has appointed Jesse Spence as its next president.   As NCE president, Spence will have direct responsibility for organizational processes, market assessment and business development. He accepts this position after serving as NCE’s director of technology.   Spence joined NCE in 2001

Transocean Retires Six Floaters

Photo: Transocean

 Transocean announced its intent to retire the ultra-deepwater floaters GSF Jack Ryan, Sedco Energy, Sedco Express, Cajun Express, and Deepwater Pathfinder, and the deepwater floater Transocean Marianas.    The rigs will be classified as held for sale and will be recycled in an environmentally responsible manner. All six rigs were previously cold stacked.   The company will recognize an impairment charge of approximately $1

Transocean Wins BHP Work

Image: Transocean

 Transocean announced that the ultra-deepwater drillship Deepwater Invictus was awarded a two-year contract plus three one-year priced options with a subsidiary of BHP Billiton.    The backlog associated with the firm contract is approximately $106 million. The contract is expected to commence in the second quarter of 2018.   “We are extremely pleased to continue working with BHP,” said President and Chief Executive Officer Jeremy Thigpen.   

Ocean Rig Withdraws Winding Up Petition

Photo: Ocean Rig

 Ocean Rig UDW Inc., an international contractor of offshore deepwater drilling services, has announced that pursuant to an order of the Grand Court of the Cayman Islands Simon Appell of AlixPartners Services UK LLP and Eleanor Fisher of Kalo (Cayman) (formerly AlixPartners) have been discharged as joint provisional liquidators of the Company and its subsidiaries.   The subsidiariesare Drill Rigs Holdings Inc. (DRH), Drillships Financing Holding Inc

Atwood Delays Drillship duo by Two Years

Rob Saltiel, President and Chief Executive Officer Photo Atwood Oceanics

Atwood Oceanics, Inc. announced today that it has agreed with Daewoo Shipbuilding & Marine Engineering Co. ("DSME") to delay the requirement to take delivery of Atwood's two newbuild ultra-deepwater drillships, the Atwood Admiral and the Atwood Archer, by two years to September 30, 2019 and June 30, 2020, respectively. In connection with the delay, Atwood will make a payment of $125 million for the Atwood Archer on or before December 15, 2016

IHI Delivers Drillship Hull to Singapore

Courtesy IHI

IHI Corporation (IHI) announced today that Drillship Hull for Singapore was delivered on December 17, which was constructed at IHI Aichi Works. Drillship is designed for the use in exploratory, completion and maintenance drilling of offshore oil and gas fields. The delivered Drillship Hull is with the length of 242 meters, breadth of 46 meters and depth of 19.6 meters. Drilling equipment will be installed on the Hull in Singapore and the Drillship will be completed after the

Transocean's contract backlog $11.3 Bln on February 9

Ultra-Deepwater Rig Photo Transocean Ltd

Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of and contract information for the company's fleet of offshore drilling rigs. As of February 9, 2017, the company's contract backlog was $11.3 billion. On December 31, 2016, the newbuild ultra-deepwater drillship Deepwater Conqueror commenced operations on its 5-year contract in the U.S. Gulf of Mexico at a dayrate of $589,000.

A Case for LNG-fueled Mobile Offshore Units

Image: GustoMSC

GustoMSC, a Dutch design and engineering company focused on offshore energy, says the offshore industry has much to gain from examining the feasibility of using liquefied natural gas (LNG) to fuel mobile offshore units such as construction vessels, drillships, jack-ups and semi-submersibles.   GustoMSC has been monitoring the development of LNG as a marine fuel for several years, culminating in a recently finished R&D project into LNG for its design portfolio

ABS Approves Innovative Drillship Design

Photo:  Diamond Offshore Drilling, Inc

 ABS is working with industry to improve efficiencies in offshore development.   “ABS is working on multiple fronts to help the offshore industry find efficiencies and streamline operations,” says ABS Executive Vice President for Global Offshore Ken Richardson.    “We are coordinating efforts for standardization and working one-on-one with companies that are changing the way offshore projects are executed,” he added.  

Hodge to Lead Pirie & Smith’s DP Division

Russell Hodge (Photo: Pirie & Smith)

Pirie & Smith, marine consultants and surveyors to the marine and energy sectors, has appointed Russell Hodge to head up its new Dynamic Positioning (DP) Engineering and Assurance Division.   Hodge, who has more than 30 years’ experience on a global level, joins the company as Dynamic Positioning Technical Authority. He is an expert in the fields of DP, failure mode and effect analysis, DP trials and audits

Petrobras Says Platform Fire Briefly Halted Production

A fire on a platform belonging to Brazilian state oil giant Petroleo Brasileiro SA briefly halted oil and gas production late on Sunday, the company said, adding that there had been no injuries or damage.   The fire occurred in the Marlim field around 10:30 p.m. local time on Sunday and was put out four minutes later. Petrobras said on Monday that the accident may have been caused by a leak and would be investigated.  

Noble Drillship Bags New Contract

Noble Bob Douglas. Photo: Noble Corporation

 Noble Corporation has been awarded new contracts for one of its drillships under which the unit will operate in the U.S. Gulf of Mexico and later Suriname.   The 2013-built drillship Noble Bob Douglas has been awarded a contract with Murphy Oil, which will last from early to late July. The rig’s dayrate has not been disclosed.   After completion of the project, the ship will start a contract with Tullow Oil offshore Suriname from early October 2017 to early

28% of Offshore Vessels Currently Laid Up

© Björn Wylezich / Adobe Stock

Using VesselsValue's Offshore mapping service VV, Senior Offshore Analyst Charlie Hockless has put togther a snapshot showing the percentage of the offshore fleet currently laid up. Across all offshore types, 28 percent of the fleet is currently laid up. PSVs top the table, with 36 percent currently laid up. Hockless explained the definition of laid up used in this context: “Estimating the number of vessels in lay-up is an imperfect science

DoJ Closes Vantage Probe Over Petrobras Deal

Photo: Vantage Drilling International

 Vantage Drilling International, announced  that it has received a letter from the United States Department of Justice (DOJ) acknowledging Vantage's full cooperation in the DOJ's investigation concerning possible violations by Vantage of the Foreign Corrupt Practices Act, and indicating that the DOJ has closed its investigation without any action.    The investigation arose in 2015 from allegations of improper payments to former officials of Petróleo Brasileiro S

Seadrill to Seek Bankruptcy Protection

Photo: Seadrill Limited

 Once the biggest offshore rig firm by market value, Seadrill plans to begin its Chapter 11 debt restructuring in the coming weeks, WSJ reported.   The Bermuda-based company, controlled by Norwegian shipping magnate John Fredriksen,  has a plan to restructure around $10 billion in debt.   Seadrill, one of the world’s largest offshore drilling companies, operates a fleet of 68 rigs and drillships for customers including Total SA, Petrobras and Exxon Mobil Corp

Maritime Reporter Magazine Cover Oct 2017 - The Marine Design Annual

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