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Oil Drilling Ship News

07 Aug 2015

Brazil Prosecutors: Charges Pending over Ensco Drillship Lease

Brazilian prosecutors plan to file criminal charges stemming from the lease of an Ensco Plc offshore oil-drilling ship to Brazil's state-run oil company Petrobras "in due course," they said. The plan to prosecute over the Ensco-Petrobras charter was mentioned in a Thursday statement presenting corruption charges stemming from the 2009 lease of another drillship, Vantage Drilling's Titanium Explorer Rig. In the Vantage case, prosecutors formally charged six people, including Petrobras' former international-unit chief Jorge Zelada. Petroleo Brasileiro SA, or Petrobras, chartered the DS-5 in 2008, when it was owned by Pride International, a company London-based Ensco purchased in 2011.

07 Apr 2015

Greenpeace Boards Arctic Offshore Rig

Six Greenpeace activists boarded a Shell oil drilling ship in the middle of the Pacific Ocean and vowed to stay there to protest the company's plans to drill above the Arctic Circle, the environmental organization said. They boarded as the drill rig was transported across the Pacific Ocean toward Seattle, where it will be staged for drilling on Shell leases in Alaska waters. Royal Dutch Shell confirmed that the protesters "illegally boarded the Polar Pioneer" about 750 miles northwest of Hawaii on Monday morning. It called the protest a "stunt" that jeopardizes both the crew and the protesters themselves. The 400-foot Polar Pioneer, owned by Transocean Ltd.…

06 Apr 2006

South Korean Shipbuilders Profit from Mideast Orders

South Korean shipbuilders and construction companies are enjoying benefits from profitable orders from overseas, particularly Mideast countries that have huge currency reserves thanks to strong crude oil prices. The country’s three main shipbuilders have clinched contracts worth $18b in the first quarter, up more than 400 percent from a year earlier. They have already attained over 40 percent of their yearly targets. Hyundai Heavy Industries Co., the world’s largest shipbuilder, and its two affiliates won orders worth $5.1b in the January-March period, compared with their full-year target of $12.5b. Hyundai Heavy alone received $2.3b worth of orders in the first quarter, approaching its yearly target of $7.4b.

03 Nov 2005

Wärtsilä to Supply for Oil Drilling Ship

Wärtsilä will supply six engines for reportedly, the world's largest oil drilling ship. The 46 MW order, received in October, also includes ancillary equipment in addition to the engines. The vessel is being built by Samsung Heavy Industriels Co. Ltd. in Korea. Ordered by Stena Drilling Ltd, part of the Swedish Stena group, the vessel will be used for oil and gas exploration in the Norwegian and Barents Seas. Its completion is scheduled for the end of 2007.