Oil & Gas

Perisai (L) Inc., a subsidiary of Malaysia's Perisai Petroleum Teknologi Bhd, has awarded Sembcorp Marine's PPL Shipyard subsidiary a US$208 million contract to construct a Pacific Class 400 jack-up drilling rig for July 2014 delivery. The contract includes an option to build an additional jack-up of a similar specification jack-up ri ...

Chevron Corporation (NYSE: CVX) reports that the Pacific Santa Ana, a deepwater drillship built to Chevron's specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract with a subsidiary of Pacific Drilling S.A. (NYSE: PACD). Built by Samsung Heavy Industries, South Korea, the 748 f ...

For the month of March, Brazil's Petrobras combined oil and natural gas output in March for both in Brazil and abroad reached an average 2,599,969 barrels of oil equivalent per day (boed). Output in Brazil averaged 2,346,477 boed and internationally stood at 253,492 boed. Of the total Brazilian output, oil amounted to 1,993,222 barrels/day and n ...

Brazil’s Inace Shipyard recently delivered the Siem Carajas, a 50m fast supply vessel (FSV), to Siem Consub. Designed by Guido Perla & Associates, Seattle, WA, the 50-meter by 10-meter Siem Carajas is an all-aluminum vessel, with a large forward ...

Gjerdsvika, Norway, headquartered Sanco Shipping AS has declared an option for a second 889.m x 21.5 m seismic vessel to be built at Kleven Maritime's Myklebust Verft shipyard in Norwy. The vessel, to be named Sanco Sword, is to be delivered in the first quarter of 2014. Its sister vessel Sanco Swift will be delivered from ...

Nigel McCue, CEO of U.A.E based Lamprell, says that a $227 million order from "a highly valued customer" for a LeTourneau Super 116E jack-up rig "further evidences the sustained demand for these rigs and the confidence in Lamprell's ability to deliver a quality product with a strong commitment to customer service." T ...

Covington, LA-based Hornbeck Offshore Services, Inc. (NYSE:HOS) reports results for the first quarter ended March 31, 2012 that included an increase in revenues of 66.0 percent to $120.0 million compared to $72.3 million for the first quarter of 2011  Operating income was $28.6 million, or 23.8 percent of revenues, for the first quarter of ...

Dockwise Ltd. says it "has engineered the most innovative semi-submersible heavy-lift vessel in history and redefined the limits of heavy marine transport with the design of the Dockwise Vanguard. Additionally, the Dockwise Vanguard has opened a new market for offshore drydocking." The 900 ft x  229.5 ft vessel has ...