Atwood and DSME agree drillship delivery delays

DECEMBER 21, 2015 — Atwood Oceanics, Inc. (NYSE: ATW) said today that subsidiaries of the company have agreed with Daewoo Shipbuilding & Marine Engineering Co. (DSME) to delay delivery of two newbuild

Pacific Drilling cancels drillship order at Samsung

Pacific Drilling S.A. (NYSE:PACD) reports that it has exercised its right to rescind the construction contract for ultra-deepwater drillship Pacific Zonda “due to the failure by Samsung Heavy Industries (SHI) to timely deliver a vessel that substantially meets the criteria required for completion of the vessel in accordance with the construction contract and its specifications.”

Pacific Drilling says it made advance payments totaling approximately $181.1 million under the shipbuilding contract, and will be seeking a refund of the installment payments.

The company inked a contract for the drillship with Samsung Heavy on January 25, 2013 that provided for a delivery date of March 31, 2015.

The cancelation comes after the October 27 news that Fred Olsen Energy had canceled an semisubmersible drilling rig order at Hyundai Heavy Industries and the October 26 announcement that Transocean, Shell ans Daewoo Shipbuilding & Marine Engineering Co. (DSME) had agreed to push back the operating and delivery contracts of two newbuild ultra-deepwater drillships – the Deepwater Pontus and the Deepwater Poseidon – by 12 months each.

Transocean, Shell and DSME to delay two drillship deliveries

OCTOBER 26, 2015 — In yet another indication of the slowdown in global offshore drilling activity, Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today reported a mutual agreement with customer Shell EP Wells

BSEE and USCG investigate drillship fatality

The Pacific Santa Ana was beginning drilling operations for Chevron.

According to the operator, operations on the drillship have been shut down. There were no other injuries reported and personnel remain on the drill ship. There was no reported pollution.  

No details of the circumstances of the fatality have been released.

BSEE and U. S. Coast Guard inspectors traveled to the drillship yesterday and began collecting evidence and taking statements. The incident will be investigated by both BSEE and the U. S. Coast Guard.

Shell gets conditional BOEM approval for Alaska exploration

MAY 11, 2015 —The Bureau of Ocean Energy Management (BOEM) today conditionally approved Shell Gulf of Mexico, Inc.’s revised multi-year Exploration Plan (EP) for the Chukchi Sea, following a comprehensive review and

Rolls-Royce delivers 1,000th drillship thruster

MAY 6, 2015 — Rolls-Royce reports that it has just delivered its 1000th UUC underwater mountable thruster. It is the third unit in a series of six being installed on a Seadrill

Wide beam drillship design gets ABS AIP

JANUARY 20, 2015 — Classification society ABS has awarded approval in principle (AIP) for Hyundai Heavy Industries’ next-generation HD12000 heavy duty, wide beam drillship design. The drillship, which can accommodate a 20,000-psi

Noble cops plea in Alaska drilling case

DECEMBER 9, 2014 — Noble Drilling (U.S.) LLC has been charged with environmental and maritime crimes for operating the drill ship Noble Discoverer and the drilling unit Kulluk in violation of federal

Rolls-Royce to build service center at Astican

OCTOBER 21, 2014 — Rolls-Royce has inked a cooperation agreement that will see it build a 2,100 sq.m service facility at the Astican shipyard in Las Palmas, Canary Islands. Rolls-Royce says the

ABS, Daewoo to jointly develop LNG-fueled drillship

JULY 3, 2014—Leading classification society ABS, Houston, TX, has entered into a joint development project (JDP) with South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) to develop the first Liquefied Natural Gas-fueled

LOAD MORE