Sembcorp Marine returns to profitability
FEBRUARY 22, 2017 — Singapore’s Sembcorp Marine posted Group revenue of SGD 3.54 billion for the year ended December 31, 2016 (FY 2016) compared with SGD 4.97 billion previously. The Group reported
drilling rigs
Drydocks World to build two jack-ups for Malta
APRIL 14, 2014 — Drydocks World, Dubai, has signed an agreement with Malta Oil & Gas Ltd. to build two new jack-up drilling rigs based on the Gusto MSC CJ54-X135-A design. The
Rolls-Royce equipment picked for Samsung semis
OCTOBER 24, 2013 — Two Moss CS60 harsh-environment semi-submersible drilling rigs to be built at Samsung Heavy Industries Geoje shipyard in Korea for Stena Drilling will have Rolls-Royce thrusters and deck equipment.
Maersk Drilling orders harsh environment jack-up at DSME
SEPTEMBER 25, 2013 — Maersk Drilling has ordered a new ultra harsh environment jack-up rig, XL Enhanced 4, to be built at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South
KKR forms $580 million Maritime Finance Company
AUGUST 20, 2013 — Global private equityy investment firm KKR (Kohlberg, Kravis and Roberts) today announced the formation of Maritime Finance Company, a new specialty finance company created to lend to the
Seadrill orders two more jack-ups at Dalian Shipbuilding
JUNE 20, 2013 — Seadrill Limited has entered into new contracts for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China.
China Rongsheng secures first jack-up orders
MARCH 25, 2013 — China Rongsheng Heavy Industries Group Holdings Limited has announceda pair of “notable breakthroughs” in the offshore market. The shipbuilder has won two EPC contracts for GustoMSC CJ46 design
Seadrill exercises options for two more jack-ups
MARCH 5, 2013 — Seadrill has exercised fixed price options for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China. The
Petrobras pulls out of negotiations for five Ocean Rig units
NOVEMBER 29, 2012 — Petrobras says that it today canceled the process of contracting five drilling rigs, capable of drilling in up to 3,000 meters of water, with the Ocean Rig Group.
Transocean to sell off shallow water rigs
SEPTEMBER 10, 2012—Increasing its focus on deepwater, giant offshore drilling contractor Transocean Ltd. has inked a definitive agreements to sell 38 shallow water drilling rigs to a newly formed company Shelf Drilling