Allseas takes wraps off drillship it’s converting to nodules miner
With all major auto makers ramping up plans to switch production to electric vehicles, battery demand looks set soar — and with it demand for the base metals needed to produce them.
drillship
Fair (offshore) winds for the Jones Act finance market
By Basil M. Karatzas, Founder, Karatzas Marine Advisors & Company Until recently, the offshore drilling market had the distinction of employing the most expensive assets in the maritime industry. A decade ago,
Seadrill in 50:50 JV with Angola’s Sonangol
FEBRUARY 6, 2019 — Seadrill Limited said today that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.. The
Two Ocean Rig drillships first with ABS MPD-Ready notation
MAY 1, 2018 — ABS reports that it has awarded the world’s first Managed Pressure Drilling (MPD) –Ready Notation to Ocean Rig for the ABS-classed Corcovado and Mykonos deep water drillships. The
Stena drillship is first with new DNV GL notation
APRIL 13, 2018 — DNV GL has revised its classification rules for Managed Pressure Drilling (MPD) systems and introduced two new class notations DRILL(MPD) and DRILL(MPD READY). Stena Drilling Ltd. (SDL) is
BSEE issues safety alert following drillship fatality
DECEMBER 7, 2017 — The Bureau of Safety and Environmental Enforcement (BSEE) has issued a safety alert following a fatality that occurred December 2 onboard the Petrobras 10,000 drillship, owned by Transocean
Transocean delays deliveries of two drillships
APRIL 20, 2016 – Transocean Ltd. (NYSE: RIG) reports that it has reached an agreement with Sembcorp Marine’s subsidiary, Jurong Shipyard Ptd Ltd, to defer the delivery and related final payments of
IHI sheds stake in Brazilian shipyard EAS
MARCH 15, 2015 —Japan’s IHI Corporation reports that its majority owned Brazilian subsidiary JEI is to transfer its entire equity interest in shipbuilder Estaleiro Atlântico Sul S.A (EAS) to the other shareholders
Sete woes help push Sembcorp Marine into loss
FEBRUARY 15, 2016 — Singapore based Sembcorp Marine posted a 2015 net loss of Singapore $290 million (US $207.3 million) on revenues of Singapore $4.97 billion, down 15% from FY 2014’s Singapore
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