Strong results for Petrobras
Brazilian state-owned oil giant Petrobras announced its results for the first half of 2011, showing net income of R$21.928 billion (about $13.595 billion), an increase of 37 percent over the same period
Oil & Gas
National Oilwell Varco gets $1.5 billion drillship equipment contract
Houston headquartered National Oilwell Varco, Inc. (NYSE: NOV) reports that it has signed contracts to supply drilling equipment packages for seven drillships to Brazilian shipbuilder Estaleiro Atlântico Sul (“EAS”), including drilling riser
Sinopacific delivers first PX105 to Bourbon Offshore Norway
China’s Zhejiang Shipbuilding Co., Ltd. an affiliate of Sinopacific Shipbuilding Group, has delivered Bourbon Front, the first Ulstein PX105 platform supply vessel, to Bourbon Offshore Norway. As well as the Ulstein X-bow,
Jurong Shipyard delivers harsh environment jack-up
North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has taken delivery of the new harsh environment jack-up drilling rig, West Elara from Sembcorp Marine’s Jurong Shipyard in Singapore.
Shell gets conditional approval for Beaufort Sea exploration plan
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today issued conditional approval for a revised Exploration Plan (EP) submitted by Shell Offshore Inc. (Shell). The plan outlines Shell’s proposal to
Rolls-Royce to design and equip Farstad AHTS newbuilds
Rolls-Royce has won a GBP 50 million (about US$ 82 million) contract to design and equip two anchor handling vessels for Norwegian company Farstad Shipping. The vessels have been ordered from STX
Prospector Offshore orders two more jack-ups at Shanghai Waigaoqiao
Oslo-listed Prospector Offshore Drilling S.A. (PROS) reports that it has entered into a turnkey contract for the construction of two additional high specification harsh environment F&G JU-2000E jack-up drilling rigs at the
Two Tidewater PSV newbuilds will have Thrustmaster propulsion systems
Two 92.4 m platform supply vessels ordered from Fincantieri Marine Group’s Bay Shipbuilding by Tidewater Marine (see earlier report) are to have Thrustmaster of Texas Inc. propulsion systems. The main propulsion system
TransAtlantic takes delivery of ice class AHTS
Sweden’s Rederi AB TransAtlantic has taken delivery of Magne Viking, the third in a series of four newbuild AHTS vessels from the Astilleros Zamakona S.A shipyard in Spain. The vessel will be
Zheijang Shipyard delivers first of 10 IMR vessels to Bourbon
The Ungundja, the first of 10 DP-3, 100-meter GPA 696 IMR (Inspection, Maintenance & Repair) vessels, was recently delivered by China’s Zheijang Shipyard, part of the Sinopacific Shipbuilding Group, to Paris-based Bourbon