The U.S. Maritime Administration appears to have approved a request from Boldini, S.A. of Brazil for Title XI ship financing guarantees on $227,177,000 over 25 years to cover construction of five platform
Keppel AmFELS LLC, has won a repeat order worth about $195 million from Mexico’s Perforadora Central SA de CV to build a jack-up rig. The Brownsville, Texas, shipyard is a wholly-owned subsidiary
Yesterday morning Interior Secretary Ken Salazar told a House Natural Resources Committee hearing on the Department of the Interior’s Fiscal Year 2012 Budget proposal what the Washington Examiner characterized as “a whopper.”
Polarcus Limited (OAX: PLCS) reports that Polarcus Samur Ltd, a member of the Polarcus Group, took delivery on March 2, 2011 of POLARCUS SAMUR, the fourth 3D seismic vessel to date to
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced what BOEMRE Director Michael R. Bromwichj called a “significant milestone.” It approved the first deepwater drilling permit since the Deepwater
Back in November 2010, Seahawk Drilling, Inc. (Nasdaq: HAWK) said it was seeking “strategic alternative.” It said then that its liquidity and revenue generation had been hit by “the dramatic slow-down in
Sweden’s Rederi AB Transatlantic has received delivery of the ice strengthened AHTS Njord Viking from the Astilleros Zamakona S.A shipyard in Spain. The Njord Viking is the second newbuild in a series
Norway’s Volstad Maritime has ordered a Skipsteknisk ST-259 CD design offshore construction vessel at Bergen Group Fosen. The order is worth around NOK 725 million and includes an option for a second
STX OSV Holdings Limited reports that it has secured a new contract for the design and construction of a platform supply vessel of PSV 09 design for an undisclosed international customer. The
George Economou led DryShips Inc. (NASDAQ:DRYS) said today that its wholly-owned subsidiary Ocean Rig UDW Inc. plans to offer through a private placement approximately $500 million worth of shares of Ocean Rig
