Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiaries, Keppel FELS Brasil S.A. and Estaleiro BrasFELS Ltda, has signed a Letter of Intent (LOI) with Sete Brasil Participações S.A. (Sete Brasil),
Houston-headquartered offshore drilling contractor Rowan Companies, Inc. (NYSE: RDC) today announced a plan that would see the company’s legal domicile change from Delaware to the United Kingdom (U.K.). Rowan says that the
Two companies controlled by John Fredriksen are splashing out with newbuilding orders at Korean shipbuilder Samsung Heavy Industries Co. Ltd. Golar LNG Limited has entered into firm contracts with Samsung for a
Keppel AmFELS LLC, Brownsville, Texas, has secured a contract from Diamond Offshore to construct and upgrade a moored semisubmersible offshore drilling rig with delivery scheduled for third quarter 2013. The estimated shipyard
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Fernvale Pte. Ltd., has secured a contract worth approximately $809 million from Urca Drilling B.V., a subsidiary of Sete Brasil Participações S.A.
Pacific Drilling S.A. (NYSE:PACD) reports that yesterday it closed its previously announced initial public offering of shares of common stock at a price of $8.25 per share. Pacific Drilling sold a total
Ensco plc (NYSE: ESV) announced today that it has ordered a new ultra-premium harsh environment jack-up rig to be built under a fixed-price shipyard construction contract with Keppel FELS Limited in Singapore.
Offshore drilling giant Transocean has made an all-cash offer to acquire Aker Drilling ASA. It has already received commitments for 60 percent of the listed shares. Aker Drilling operates two harsh environment,
Noble Corporation, Zug, Switzerland, has exercised options with Sembcorp Marine’s subsidiary Jurong Shipyard for the construction of two additional high-specification heavy duty, harsh environment JU3000N jackup drilling rigs. With this latest order,
State-owned oil company Petrobras said its oil and natural gas output in Brazil for June jumped 4% ias compared with a year earlier. Production was 2,407,366 barrels of oil equivalent per day
