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
MODU
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
ABS releases MODU lay-up, reactivation guide
MAY 2, 2015 — ABS, the leading provider of classification services to the offshore industry, has published a guide to help offshore drilling unit owners carry out rig lay-ups. The new ABS
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
Chouest could face penalty in Kulluk grounding
APRIL 4, 2014 — Edison Chouest Offshore could face penalties in relation to the grounding of the mobile offshore drilling unit Kulluk on the eastern coast of Sitkalidak Island, Alaska, on Dec.
Helix teams with Siem for Brazil well intervention gig
FEBRUARY 12, 2014 — Siem Offshore Inc. (OSE: SIOFF) has entered into agreements with Helix Energy Solutions Group, Inc. (NYSE: HLX) to provide two newbuild well-intervention vessels. Helix will charter the vessels
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