Awilco Drilling PLC reports that a wholly owned subsidiary, AR2, has notified shipbuilder Keppel FELS Limited that it has exercised its contractual termination right under the newbuilding contract for the construction of
AUGUST 21, 2018 — Shell’s Appomattox project in the deep waters of the U.S. Gulf of Mexico reached another milestone this month with the recent delivery of the Appomattox semi-submersible Floating Production System
APRIL 26, 2017 — Songa Offshore is using an IoT (Internet of Things) solution from Linköping, Sweden, headquartered enterprise applications specialist IFS to make data captured by oil rig assets accessible in
OCTOBER 4, 2016 — Sembcorp Marine Ltd says that its Jurong Shipyard Pte Ltd subsidiary has agreed to continue its standstill agreement with John Fredriksen backed North Atlantic Drilling Ltd for the
Today, Fred. Olsen Energy said that its Bollsta Dolphin Pte. Limited subsidiary has notified HHI that it has exercised its contractual termination right under the newbuilding contract as a result of the delay in delivery of the rig, the Bollsta Dolphin, a Moss CS 60 E, sixth generation ultra deepwater semi-submersible.
Fred. Olsen Energy says that the rig construction contract provides that on termination Bollsta will be
entitled to a refund of the first instalment paid to HHI of $186,390,240 plusaccrued interest.
The rig had been under contract to Chevron North Sea Limited under a contract entered into in October 2012. That contract has now been “mutually terminated” on “amicable terms.”
AUGUST 7, 2015—The U.S. Coast Guard reports that it made it largest semi-submersible vessel drug bust yet on July 18, seizing more than 16,000 pounds of cocaine in the Eastern Pacific Ocean.
JANUARY 17, 2014—Beacon Holdings Group has ordered a harsh environment ice class semi-submersible GM4-D rig from offshore rig builder Yantai CIMC Raffles that will be delivered in the fourth quarter of 2016.
OCTOBER 25, 2013 — With Brazil’s offshore industry requiring ever bigger and more complex floaters, shipbuilders require increasingly complex logistics solutions to bring components together from different fabrication sites and then transport
SEPTEMBER 3, 2013 — Ocean Rig UDW Inc. (NASDAQ: ORIG) has signed a contract to construct a seventh generation ultra deepwater drillship at Samsung Heavy Industries. It will be a sister ship
MAY 13, 2013—China State Shipbuilding Corporation’s Guangzhou Huangpu Shipbuilding is starting the construction of two jackup drilling rigs based on a new design from Zentech, Inc., Houston, TX. The new R-550D jack
