Jack-up drilling rig owner Borr Drilling has signed a binding letter of intent with an unnamed buyer for the sale of three high-spec jack-up drilling rigs currently under construction with Keppel FELS shipyard for $320 million.Borr Drilling…
Offshore drilling company Awilco Drilling has completed the sale of the 1983-built semi-submersible drilling rig WilHunter for recycling, meaning the company no longer owns any drilling rigs.The WilHunter, built in 1983 by Daewoo and upgraded in 1999 and 2011…
UK-based offshore drilling company Awilco Drilling has completed the sale of its WilPhoenix semi-submersible drilling rig to P&A specialist to Well-Safe Solutions.The proposed sale was first announced early in May, when Oslo-listed Awilco Drilling said the rig would be sold for $15…
Singapore's Keppel Offshore & Marine has secured bareboat charters for two KFELS B Class rigs to be deployed in the Middle East.The shallow-water drilling rigs will go on a charter with an unnamed drilling firm in the Middle East. Keppel said the charterer was 'an established drilling company…
Singapore-based rig builder Keppel Offshore & Marine has secured bareboat charter deals for two of its KFELS B Class rigs to be deployed in Saudi Arabia.The two rigs will be chartered by the drilling contractor ADES for a period of five years…
Singapore's Keppel Offshore & Marine has, via its subsidiary Keppel Shipyard, secured contracts worth around S$250 million (~USD180,4 million) for the integration of two Floating Production Storage and Offloading vessels (FPSO).Keppel Offshore & Marine…
Offshore drilling company Awilco Drilling has agreed to sell its WilPhoenix semi-submersible drilling rig to the UK-based P&A specialist Well-Safe Solutions Ltd. Well-Safe will pay $15.5 million for the semi-sub built in 1982 and upgraded in 2011…
Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope with an industry downturn.The loss-making…
FPSO specialist SBM Offshore has shared a video showing the lifting and installation of the first topside module batch for the Prosperity FPSO at the Keppel O&M yard in Singapore. The hull of the FPSO Prosperity, which will be Guyana's third…
Singapore's Keppel Corporation said Wednesday said it was terminating jack-up rig construction contracts signed with an affiliate of Clearwater Capital Partners, and Fecon International, in October 2013 and February 2014, respectively.Keppel…
Keppel Corp's offshore and marine (O&M) arm and smaller rival Sembcorp Marine are working towards having an agreement over their business unification in place by the end of April, the companies said on Thursday.The companies had first announced…
Australian engineering firm Worley has won awarded a contract with Singapore's Keppel Offshore & Marine for engineering services for the construction of two offshore substation platforms (OSS) for a wind farm project.'We'll provide detailed…
Singapore's Keppel Offshore & Marine said Wednesday it had secured contracts worth around S$250 million (~$186 million) for the conversion of a Floating Storage and Regasification Unit (FSRU), integration of a Floating Production Storage and Offloading (FPSO) vessel…
Malaysian FPSO specialist and offshore support vessel owner Bumi Armada has decided to sell its icebreaking vessels operating in the Caspian Sea for Lukoil, in line with its plan to exit the offshore marine service business.Bumi Armada said…
Italian oil company Eni has extended its contract for BW Offshore's Abo floating production storage and offloading (FPSO) vessel for another year.The FPSO's owner BW Offshore said Thursday it has signed the extension with Eni's subsidiary Nigerian Agip Exploration…
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