MARCH 16, 2015 — The Obama Administration has decided not to open up areas in the Atlantic for offshore drilling. The administration’s proposal for the Outer Continental Shelf (OCS) Oil and Gas
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.