Oil & Gas

SEPTEMBER 24, 2012 — John Fredriksen's Seadrill has entered into a turnkey contract to build a new ultra-deepwater drillship at Korea's Samsung Heavy Industries. The project value price is estimated to be around US$600 million (including project management, drilling and handling tools, spares, capitalized interest and operations prepara ...

SEPTEMBER 20, 2012 — Shell Oil faces a further potential delay in getting the oil spill containment system it must have before drilling into potentially oil-bearing zones in Alaska's Beaufort or Chukchi Seas. The Washington State Department of Ecology has det ...

AUGUST 28, 2012 — Responding to market demands for offshore construction support vessels (CSVs) for deep and harsh environments, Norway's GC Rieber Shipping has placed a NOK 800 million order with Ulstein for a high-capacity subsea vessel based on its SX121 design. The order includes an option for a second ship. The 130 ...

AUGUST 27, 2012—Robert “Bob” Hill has made a name for himself thinking out of the box. Hill, shown at left, is the principal of Ocean Tug & Barge Corp., which has a made name for itself as a leading designers of the Articulated Tug Barge—AT/B—with more than 32 years experience. Now Ocean Tug & Barge, working ...

AUGUST 17, 2012—Singapore's Miclyn Express Offshore (MEO) recently laid the keel for the first of two 64m, 2,000-dwt Platform Supply Vessels at its Batam-based PT Loh & Loh shipyard. Listed on the Australian Stock Exchange, MEO charters vessels for the offshore oil and gas market for Southeast Asia, Australia and the Middle East. ...

AUGUST 15, 2012 — Norway's Bergen Group Rosenberg AS has been awarded a Letter Of Intent (LOI) from Statoil for a modification project on the Njord Bravo-FSO vessel. The contract value is estimated to NOK 212 million exclusive of options, and includes FEED study activities and EPCIc (Engineering, Procurement, Construction, Installation ...

AUGUST 15, 2012 — Diamond Offshore Drilling, Inc. (NYSE:DO) has entered into a contract with Sembcorp Marine's Jurong Shipyard in Singapore to build a moored semisubmersible rig, to be named the Ocean Apex, with delivery scheduled for the second quarter of 2014. Total cost for the project is expected to be approxi ...

AUGUST 15, 2012 — Busy times at New Orleans headquartered Harvey Gulf International Marine. The company reports that it has signed long term charters for three of the four LNG fueled Offshore Supply Vessels it is building at TY Offshore, has taken delivery of its final 300 ft Tiger Shark class OSV — an ...