Oil & Gas

Lamprell books $227 million jack-up contract

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

Hornbeck Offshore reports first quarter results

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

DNV introduces dedicated rule book for jack-ups

Classification society DNV has issued a new dedicated rule book for self-elevating units to guide designers and shipyardss. The rule book clearly explains the DNV and international regulations and standards.   Adaptations

Jones Act fleet one bright spot in OSG picture

Tanker giant Overseas Shipholding Group, Inc. (NYSE: OSG) reports results for the first quarter of fiscal 2012 ended March 31, 2012.that saw TCE (time charter equivalent) revenues of $214.0 million, an increase