Jackup rig values rise on oil recovery

JANUARY 26, 2018 —Rising oil prices have increased interest in secondhand for jack-up rigs, pushing asset values up 36 percent from a year ago, according to data compiled by VesselsValue. VV’s Fixed

ABS and industry experts tackle MODU safety issues

MARCH 15, 2017 — More than 50 participants, including delegates from major owners, designers, shipyards and ABS technical representatives, provided input at the recent ABS Special Committee Meeting on the class society’s

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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

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Atwood orders fourth drillship at DSME

JUNE 25, 2013 — Atwood Oceanics, Inc. (NYSE:ATW) reports that a subsidiary has entered into a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd. to construct a fourth ultra-deepwater