LLOG Exploration Company, LLC, Covington, LA, will accelerate payments on the acquisition of the OPTI-EX production semi-submersible under an agreement in principle with EXMAR, Antwerp, Belgium. Under the deal, LLOG will pay
The U.K.-headquartered Harris Pye Group has successfully completed a $4.3 million contract for work on Seadrill’s West Pegasus ultra-deepwater semi-submersible. Undertaken on the rig in Curacao, the six week contract – including
Aberdeen, Scotland, based international diving equipment technology company Divex is receiving Carbon Trust support for its Launch and Recovery System (LARS) through the Offshore Wind Accelerator (OWA) program. OWA is a project
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
Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy Industries in South Korea and has obtained a
Singapore Technologies Engineering announced today that its ST Marine unit has won a shipbuilding contract worth about S$171million (about US$ 179 million) from Swire Pacific Offshore Operations (Pte) Ltd (Swire Pacific Offshore),
Maersk Drilling has signed a contract with Samsung Heavy Industries in South Korea for the construction of two ultra deepwater drillships. The drillships are scheduled for delivery in the third and fourth
Singapore’s Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Keppel FELS Brasil, announced today that it had secured two contracts totalling R$500 million (approx. S$381.4 million) for Floating Production storage
John Fredriksen’s Seadrill has entered into an agreement to acquire the two ultra-deepwater semi-submersible drilling rigs, Seadragon I and Seadragon II. The total project price for the two rigs, which are currently
