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
NOVEMBER 14, 2014 — The Natural Resources Development Council (NRDC) reports that the U.S. Court of Appeals for the Ninth Circuit has rejected a Shell Gulf of Mexico Inc. and Shell Offshore
FEBRUARY 13, 2014 — Singapore’s Keppel FELS shipyard a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured contracts to build three high-specification KFELS B Class jack-up rigs worth
SEPTEMBER 25, 2013 — Offshore drilling contractor Noble Corporation (NYSE: NE) is planning to spin off its standard specification drilling units into a separate company. David W. Williams: separation will see Noble
MARCH 7, 2013 —Houston-headquartered offshore drilling conractor Rowan Companies plc (NYSE: RDC) reported today that Chief Operating Officer Thomas P. Burke, has been promoted to President. He will remain as the company’s
OCTOBER 3, 2012 — Fredrik Halvorsen, currently the CEO of well services company Archer Limited, has succeeded Alf C. Thorkildsen as CEO of Seadrill Management. The move is part of a shake
Gulf Island Fabrication, Inc. (NASDAQ:GIFI) today reported a net income of $1.6 million ($.11 diluted EPS) on revenue of $85.8 million for its third quarter ended September 30, 2011, compared to net
Rowan Companies, Inc. (NYSE:RDC) says that Thomas P. Burke has been appointed to serve as Chief Operating Officer, and Melanie M. Trent as Senior Vice President, Chief Administrative Officer and Corporate Secretary.