ABS, a classification services provider to the marine and offshore industries, will provide classification for a series of 'highly innovative Self-Elevating Drilling Units (SEDU)' for Silver Eagle Global.Silver Eagle, of Manama, Bahrain, says…
Jack-up rig contractor Shelf Drilling has informed that the contract for its jack-up rig Shelf Drilling Tenacious would be cut short.The company on Thursday said it had entered into a mutual agreement with the customer to amend the contract…
PaxOcean, Singapore-based builder focused on offshore rigs, semi-submersibles and specialized offshore vessels, has signed a contract with Japanese general contractor Penta-Ocean Construction to construct a self-elevating platform (SEP) for use in the offshore wind sector in Japan…
Jack-up drilling contractor Borr Drilling's Chairman has said that 2019 was a record year when it comes to jack-up rig contract years awarded and that demand is high for modern jack-ups.In a statement Friday, the Chairman of the Board, Paal…
Shell has chosen Maersk Convincer as Jack-up Rig of the Year 2019, recognizing the rig’s successful operation offshore Brunei, Maersk Drilling, the owner of the rig said Friday.Maersk Convincer arrived in Brunei In September 2017 to continue operations for Brunei Shell Petroleum…
Singapore's Keppel Corp. Offshore & Marine division posted a profit for the full year 2019 citing cost cuts and lower impairment costs.For the full year, Keppel O&M posted a net profit of S$10 million, a significant increase compared to a loss of S$109 in 2018…
Maersk Drilling said it has agreed to sell the jack-up rig Maersk Completer to a subsidiary of Shelf Drilling for $38 million in cash as the Danish-based offshore drilling contractor seeks to concentrate its efforts on harsh environment activities in the North Sea…
Dana Incorporated has introduced a complete range of Fairfield jack-up gearboxes for offshore applications.The manufacturer now offers a jack-up package for workboats and offshore platforms that combines a high-torque Fairfield jack-up drive with a hydraulic- or electric-powered motor…
With the newly developed J102 heavy lift jack-up design, Ulstein says it presents its answer to the offshore wind industry’s need for fit-for-purpose, cost efficient yet future proof wind turbine installation vessels. The new design is part of Ulstein’s X-JACK series of heavy lift jack-up designs…
Malaysian drilling contactor Velesto Drilling said that the oil company Hess Exploration and Production Malaysia has extended the contract for the Naga 8 jack-up drilling rig in North Malay Basin, Malaysia.Naga 8 jack-up rig is owned by Velesto Drilling (previously known as UMW Offshore Drilling)…
Offshore marine and engineering consultancy Aqualis Offshore has successfully completed the jacking trial of wind turbine installation vessel OuYang 1.The UK-based Aqualis ASA, which through its subsidiaries and associates, offers energy consultancy services to the offshore oil…
Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude selling for more than $80 a barrel and some are forecasting a full turn in the market by 2020…
Texas-based offshore drilling contractor Rowan Companies announced that it has concluded the sale of two LeTourneau TARZAN Class jack-up rigs, the Scooter Yeargain and the Hank Boswell, to ARO Drilling.The net economic impact of this transaction…
Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to expand its fleet and benefit from a partnership with Saudi Aramco.This is Ensco's second deal…
Brave Tern, the 132-meter jack-up operated by Fred. Olsen Windcarrier AS, has completed a major crane refit at Damen Shiprepair Amsterdam.The main operation was the insertion of a 20-meter section into the main boom of the 800-tonne crane, allowing it to reach a height of 120 meters…
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