MARCH 11, 2018 — Aberdeen, Scotland, based Awilco Drilling has signed a contract with Singapore’s KeppelFELS shipyard covering the construction of a Moss Maritime design CS60 ECO MW semisubmersible drilling rig. The
Singapore’s Keppel FELS shipyard is on course to deliver ENSCO 8505, the sixth of seven ENSCO 8500 Series ultra-deepwater semisubmersible (semi) drilling rigs to Ensco (NYSE: ESV) safely, on time and within
Seadrill has entered into an agreement with Keppel FELS Limited in Singapore to build a repeat semisubmersible drilling tender (SSDT) based on the KFELS SSDTTM 3600E design. The contract is worth $142
Ensco plc (NYSE:ESV) reports that one of its subsidiaries has finalized a fixed-price shipyard construction contract with Keppel FELS Limited in Singapore for construction of two new ultra-premium harsh environment jack-up rigs.
Houston-headquartered Diamond Offshore Drilling, Inc. (NYSE: DO) has reported second quarter 2023 results that saw $229 million added to its backlog. Total revenues were $281.5 million compared with $232 million in the
With demand for offshore drilling rigs pushing up, will more drilling contractors start reactivating cold-stacked floaters? London-based Maritime Strategies International (MSI) says that, while the market for floaters has long since crossed
SEPTEMBER 4, 2018 — Offshore drilling contractors Transocean Ltd. (NYSE: RIG) and Ocean Rig UDW Inc. (NASDAQ: ORIG) report that they have entered into a definitive merger agreement under which Transocean will
JUNE 5, 2017 — Stena Drilling reports that its affiliate Stena Atlantic Ltd, an affiliate of Stena Drilling Ltd, has notified Korean shipbuilder, Samsung Heavy Industries Co Ltd (SHI), that it has
The unit was ordered during the second quarter of 2012 and the delivery date stated in the construction contract was by December 31, 2014.
“Due to the shipyard’s inability to deliver the unit within the timeframe required under the contract, the company has exercised its cancelation rights,” says Seadrill, which notes that, under the contract terms, it has the ability to recoup its $168 million in pre-delivery installments to the shipyard, plus accrued interest.
In fourth quarter 2012, Seadrill was awarded a five year contract for the West Mira with Husky Oil Operations for operations in Canada and Greenland.
In its second quarter earnings report, Seadrill reported that, due to the late delivery of West Mira, the company had tentatively agreed with Husky to reduce the dayrate of the West Mira drilling contract.
Seadrill says it remains in discussions with Husky to find an alternative solution to meet its drilling requirements.
MAY 29, 2013 — Houston based Diamond Offshore Drilling, Inc. (NYSE: DO) today announced an agreement with South Korean shipbuilding giant Hyundai Heavy Industries Co., Ltd. to build a new Moss CS60E
