Blow out preventer (BOP) related issues have hit Songa Offshore with low earnings on two of its new Cat D semisubmersible drilling rigs. The Songa Endurance, the second of the firm's four new Cat D rigs, had just 11% operational and earnings efficiency while working for Statoil in Norway…
Woodside Energy and partner Daewoo International have started drilling their latest exploration well offshore Myanmar just weeks after announcing a gas discovery in the region. The latest well, the Thalin-1 well in Block AD-7, was spudded 20 January…
Seadrill has reached an agreement with Daewoo Shipbuilding & Marine Engineering shipyard in South Korea to defer the delivery of two ultra-deepwater drillships, the West Aquila and West Libra, until Q2 2018 and Q1 2019 respectively. Under the terms of the original construction contracts…
Norway, Cyrpus based rig operator Songa Offshore suffered a BOP equipment failure on one of its new Cat D semisubmersible drilling rigs as it was readying to start operations for Statoil. The Songa Endurance started drilling operations…
Norwegian accommodation vessel provider Prosafe and oil firm Statoil have agreed to re-phase the Mariner project on the UK Continental Shelf of the North Sea from 2016 into 2017, and extend the firm hire duration from eight months to 13 months…
The Petronas floating LNG1 (PFLNG1) has reached a 95% overall progress in its construction and will come onstream in 2016, the company said. In late September, Petronas began lifting the first topside module for its PFLNG1 facility at…
Norway, Cyprus-based drilling contractor Songa Offshore has taken delivery of its third Cat D drilling rig from Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea. The Songa Encourage follows delivery of the Songa Equinox and the Songa Endurance earlier this year…
ABS entered into a memorandum of understanding with Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) to establish a joint industry project (JIP) with leading operators, drilling…
Songa Offshore has today taken delivery of Songa Endurance from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Songa Endurance will shortly depart South Korea en-route to Norway to start an eight-year drilling contract with Statoil…
Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI)…
Daewoo Shipbuilding and Marine Engineering (DSME) delivered notices of arbitration regarding the construction contracts for Cat D-rigs to be delivered to Songa Offshore, according to Songa Offshore CEO, Bjørnar Iversen. In its 1Q 2015 interim financial report…
Songa Offshore has taken delivery of Songa Equinox from Daewoo Shipbuilding & Marine Engineering in Korea. Songa Equinox will shortly depart South Korea en route to Norway for commencement of an eight-year drilling contract with Statoil…
MacGregor, part of Cargotec, signed a contract with Daewoo Shipbuilding & Marine Engineering Co. in South Korea to supply a range of Hatlapa deck machinery for 10 172,600cu m liquefied natural gas (LNG) carriers. MacGregor will deliver electrically-driven deck machinery…
This year, Pakistan, Egypt, Jordan and Uruguay plan to begin importing natural gas via floating storage and regasification unit (FSRU) vessels. The vessels are a solution to the challenge of importing liquefied natural gas (LNG) into areas…
Global rig provider Transocean said it will scrap two more rigs from its fleet taking the total number of floaters it is planning to scrap to 18, the company announced on 1 April 2015. The two rigs joining its soon to be departed brethren are the GSF Aleutian Key and Sedco 707…
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