Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its official entry into the deepwater drilling industry.The Tidal Action is built on Hanwha Ocean’s proprietary design and is capable of drilling at depths of up to 12 kilometers in waters as deep as 3.6 kilometers.The drillship is also equipped with a dynamic positioning system for a stable station keeping and ready to accommodate 20…
Offshore drilling firm Noble Corporation has secured a new contract with Prime Energy for its drillship Noble Viking, which will be employed on a three well drilling campaign on Malampaya-Camago field, offshore Philippines.The contract also includes an additional one-well option…
The United States Coast Guard issued the following Marine Safety Alert rergarding Dynamic Positioning Systems.Dynamic positioning (DP) systems1 meeting equipment class 2 (DP2) and equipment class 3 (DP3) have control features and redundancies…
Offshore drilling firm Seadrill Partners has said it has received a notice of termination for the 2008-built West Polaris drillship contract.'As a result, the contract is expected to conclude in early November 2020, and the backlog is expected to decrease by approximately $23 million…
An oil exploration vessel contracted by Malaysian state energy company Petronas that was involved in a standoff with a Chinese survey vessel in the South China Sea left the disputed waters on Tuesday, three security sources and the vessel operator said…
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