Oil & Gas

Eidesvik doubles up on Kleven PSV order

Norway’s Eidesvik Offshore has exercised a NOK 440 million ($71.2 million) option to build a second LNG fueled PSV at Kleven Maritime. Scheduled for delivery from Kleven’s Ulsteinvik shipyard in 2012, the

DryShips unit to drill offshore Falkland Islands

Argentina won’t be in George Economou’s vacation plans, most likely. DryShips Inc. (NASDAQ: DRYS) reports that its fully-owned subsidiary Ocean Rig UDW Inc has signed a contract with Borders & Southern Petroleum

Petrobras unseals bids for presalt rigs

Petrobras has opened the sealed bids submitted in a three part tender intended to lead to the construction, in Brazil, of 28 offshore drilling rigs required for development of the pre-salt zone.

Keppel FELS books jack-up order

Norwegian billionaire investor Øystein Stray Spetalen has joined the parade of those seeing opportunities ahead for newbuild jack-up rigs. Standard Drilling, a subsidiary of Mr. Spetalen’s Ferncliff TIH AS investment company, has

Landrieu to keep up pressure on Salazar

United States Senator Mary L. Landrieu, D.-La., today expressed disappointment following Interior Secretary Ken Salazar’s visit to Houma, Louisiana, where he was supposedly to have outlined a series of steps to lift

Salazar meets with shallow water drillers

Secretary of the Interior Ken Salazar was in Louisiana today for a meeting with shallow water drillers. He was accompanied by Assistant Secretary Tom Strickland, and Bureau of Ocean Energy Management, Regulation