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Jack Up Barge

Petrojack Sells Two Rigs

Petrojack ASA has sold two of its jackup rigs under construction at Jurong Shipyard in Singapore, the PetroJack I and PetroJack III at a combined price of $420m to A.P. Møller-Maersk. The sale is constructed as a sale of the shares in the rig owning companies PetroJack I Pte Ltd and PetroJack III Pte Ltd residing in Singapore. The two jack-ups are of Baker Pacific Class 375 design. They will be capable of operating in water depths up to 375 feet in Asia Pacific, the Middle East, the Mediterranean, Latin America, West Africa as well as in the harsh environment of the central and southern parts of the North Sea. The rigs distance themselves from conventional jack-ups in several areas, not least on the drill floor where the highly mechanised equipment leads to increased safety of the crew. The sophisticated drilling equipment will also make the rigs well qualified for drilling deep and difficult wells, including high temperature / high pressure wells. A total of 120 people can be accommodated on board. The 2 remaining jack-up rigs in the company's fleet have the same specification


New Crane for Offshore Wind Turbine Repair

Image: Huisman

Huisman said it has developed a new lightweight crane type for the maintenance of offshore wind turbines: the 'Foldable Offshore Crane'.   The crane combines unparalleled lifting heights and more than sufficient lifting capacity with a foldable boom resulting in less required deck space and a low own weight of the crane, Huisman said. The selection of this crane for the maintenance of offshore wind turbines will therefore require a smaller, and thus more cost effective


Keppel Completes Raissa

Keppel Offshore & Marine (Keppel O&M) Group has strengthened its participation in the inshore oil and gas drilling industry, with the successful completion of the Raissa, a posted submersible drilling barge for Indonesian drilling contractor PT Apexindo Pratama Duta Tbk. Keppel FELS Limited has earlier been chosen as the preferred partner for PT Apexindo’s drilling fleet build-up and enhancement. The Company signed the $29 million contract for Raissa in May 2002


Keppel Offshore and Marine Units Win Contracts

Keppel Corporation Limited, through its offshore and marine units in Keppel Offshore & Marine Ltd (Keppel O&M), has clinched contracts worth a total of $41 million from repeat customers. Three contracts over $28 million are for the upgrades of jack-up rig Ensco 81 and barge drilling unit Ensco 1 from Ensco Offshore Company (ENSCO), and swamp barge Maera from PT Apexindo Pratama Duta, an Indonesian drilling contractor


Jack-Up Barge Acquires Platform for Increased Versatility

Jack-Up Barge Commercial Director Maarten Hardon (left) with Managing Director Ronald Schukking.

Jack-Up Barge, the offshore self-elevating platform supplier, has announced the acquisition of the Odin self-elevating platform from Hochtief. The acquisition expands the Jack-Up Barge fleet, increasing capacity and versatility. This is a new approach from Jack-Up Barge who has previously expanded with new builds. The company will rename the barge JB 119, ready to take its place alongside the seven platforms currently operated. The platform, 46.1m long by 30m wide and 4


Maersk Invincible Delivered

Photo Maersk

Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. Maersk Invincible will now mobilise to the North Sea and will in the second quarter of 2017 commence a five year firm contract with Aker BP for plug and abandonment work on the Valhall field. Maersk Invincible is the fourth and final rig in a series of four ultra-harsh environment jack-up rigs to enter Maersk Drilling’s fleet


Gulf Marine Introduces the Endurance

Photos courtesy Fifth Ring Integrated Corporate Communications

A uniquely designed self-propelled self-elevating jack-up barge is currently under construction in Abu Dhabi, UAE, and, once delivered, will be one of the most flexible and capable vessels in the market. Gulf Marine Services, the Middle East region’s largest elevating support vessel operator, has developed a design along with MSC Gusto which incorporates an operating water depth of up to 65 metres, accommodation for 150 persons, deck space of 1000 m2, deck load of 11,350 tonnes


Keppel AmFELS Delivers Rowan Rig Ahead of Schedule

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has completed the delivery of its fourth EXL jack-up rig to a subsidiary of Rowan Companies, Inc. (Rowan) (NYSE: RDC) with a perfect safety record, four months ahead of schedule and within budget. The jack-up rig was christened Rowan EXL-IV yesterday by Ms. Mary J. Dunaway and Ms. Audra M. Williamson, daughters of Mr. Johnnie Huckabay, one of Rowan's senior rig managers


Seadrill Record Best-ever Quarterly Result

Jack-up Rig West Ariel: Photo credit Seadrill

Seadrill announces favourable first quarter 2013 financial results.  Highlights     •    Seadrill records its best operating quarterly result ever and generates first quarter 2013 EBITDA*) of US$713 million     •    First quarter 2013 net income of US$440 million and earnings per share of US$0.87     •    Increases the ordinary quarterly cash dividend by 3 cents to US$0.88


Shipbuilding: Mega Yards

Arctic Firsts: Arc 7 LNG carriers, including the Risunok and the ice-breaking Christophe de Margerie (pictured here). (Photo Courtesy: Yamal LNG and Sovcomflot)

The Woodmac report we saw offered us cause for pause — “Strong activity from the (major oil companies)” while “national oil companies have tightened their purse strings.” What Maritime Reporter found, was that national oil companies — nation-builders, for many — are putting their money in affiliate shipyards. The hope of two, new shipbuilding giants is jobs, innovation, national survival and export security


MN100 Application Deadline: July 7

© manyasha / Adobe Stock

Sign-ups have been extended until Friday 7 July at 1200 hours, due to extraordinary demand from Marine News subscribers. Each year the August 2017 edition of Marine News magazine, the leading voice in the North American workboat market, features 100 leaders and innovators


Total E&P Charters Bibby WaveMaster 1

Bibby WaveMaster 1 (Photo: Damen)

Bibby Marine Services said it has signed a contract with Total E&P Netherland to charter the new Damen designed and built walk-to-work’(W2W) service operationvVessel Bibby WaveMaster1 from April 2018 through to October 2018, with options to extend up to three years.  


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


Ichthys Explorer Moored off Western Australia

The world’s largest semi-submersible platform, the Ichthys Explorer, has been safely moored in the Ichthys Field, 220 kilometers off the north coast of Western Australia, where it will be located for 40 years, as part of the INPEX-operated Ichthys LNG Project.  


Singapore’s Survivability

New business: Keppel has begun building dredgers like the Cristobal Colon, seen hear outside Rio de Janeiro. (Photo: copyright Jan de Nul Offshore)

Singapore’s shipyards are looking to recent investments in capacity, design and newly acquired technology to combat order declines after a decades-long offshore buildup. Sembcorp and peer Keppel are making the most of partnerships in FLNG and showing signs they’ll be okay through the


GustoMSC Debuts Self-propelled Cantilever Jack-up

Image: GustoMSC

The NG-5500X-LD is the latest design in GustoMSC’s series of self-propelled jack-up designs, the NG series. Based on the NG-2500X and NG-1800X designs, the NG-5500X-LD is a solution for light drilling and well intervention in a large number of mature fields in the Southern North Sea


ABS, Industry Experts Tackle MODU Safety Issues

At its annual Special Committee Meeting, ABS shared recent enhancements to ABS jacking gear requirements, which address jackup system reliability. Photo: ABS

 ABS, the leading provider of classification and technical services to the offshore industry, collaborated with industry experts during its annual Special Committee Meeting held recently to discuss the ABS Rules for Building and Classing Mobile Offshore Drilling Units (MODUs)


Gazprom: Gas Exports to Europe, Turkey up 17.7% Y/Y

Russian gas exports to Europe and Turkey rose 17.7 percent year-on-year between Jan. 1 and March 15 to 42.9 billion cubic metres, gas giant Gazprom said on Thursday. (Reporting by Jack Stubbs; Editing by Susan Thomas)


Cosco Delays Delivery of Jack-up Rigs for Northern

Photo: COSCO Shipyard Group

 Cosco (Dalian) Shipyard, subsidiary of Cosco Shipyard Group, has reached an agreement with Bermuda-based rig owner Northern Offshore to further delay the delivery dates of two jack-up drilling rigs amid challenging offshore drilling market.   


UMW Wins Petronas Contract

Image: UMW Oil & Gas Corporation

 UMW Offshore Drilling has received two contracts from Petronas Carigali worth US$34.81mil to provide services to its firm and optional wells.   UMW Offshore Drilling is a wholly-owned subsidiary of UMW Malaysian Ventures (UMV), which in turn is a wholly-owned subsidiary of UMW Oil


The New Offshore Reality

(Photo: Oyvind Hagen, Statoil)

As a mix of traditional heavyweights and start-ups fight to keep Norway’s offshore industry afloat, collectively they assess   Swedbank’s chief economist, Harald Andreassen, isn’t “too hopeful” about the long-term prospects for the oil price, but then again


Jawar Al Khaleej Takes Delivery of Two Vessels

Damen FCS 5009 (Photo: Damen)

Jawar Al Khaleej Shipping LLC (JAK), a provider of specialist services to the offshore oil and gas sector in the Arabian Gulf, has taken delivery of a Damen Fast Crew Supplier (FCS) 5009 and an ASD 3213 tug for operations at the Al Basra (ABOT) and Khor Al Amaya (KAAOT ) oil terminals


Singapore Inspires Start-ups in Maritime Sector

Center: Andrew Tan, Chief Executive of MPA and Dr Lam Pin Min, Senior Minister of State, Ministry of Transport and Ministry of Health with SPC 2017 partners . Photo:  Maritime and Port Authority of Singapore

 The Maritime and Port Authority of Singapore (MPA) has launched the first Smart Port Challenge 2017 (SPC 2017) welcoming close to 190 registered participants from the technology, start-up and the venture capital (VC) community as part of MPA’s wider effort to develop innovation. 


Rosneft to Return to State Dividend Proposal

Igor Sechin, the head of Russian oil major Rosneft, said on Wednesday that his company would return to a government proposal for state-owned companies to pay out 50 percent of their profit in dividends for Rosneft's 2017 results. (Reporting by Denis Dyomkin; Writing by Jack


Rotterdam Port Contracts Four PortXL Start-ups

Photo: Port Authority CFO Paul Smits tells presenter Mare Straetmans (Managing Director of PortXL) and the audience at the Shakedown event which start-ups the Port of Rotterdam Authority will be working together with. Photo: Marc Nolte

 The Port of Rotterdam Authority is entering into a partnership with four start-ups for the development of as many innovative projects. Along with six other starters, these companies took part in the port-related accelerator programme PortXL and presented their results during






 
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