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TODCO “205” is Pemex hire after tugs, torch
Published Mar 7, 2007
Shallow-water driller TODCO of Houston has secured a two-year drilling contract with Mexican oil company Pemex for “THE 2005” rig on the U.S. Gulf Coast, it was learned Wednesday.
Day rates will be adjusted every three months for the 200-foot, mat supported cantilevered rig. The work begins in October, pending $8 million in repairs and tug costs incurred after the rig was struck by a cargo vessel.
The cargo vessel owner is being taken to court by TODCO.
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From todays news:
Bjoerge, Flowserve to propel rigs Jul 20, 2007Oslo-based pump maker Bjoerge will enter the rig-propulsion business with U.S.-based Flowserve and a new concept to make thrusters more efficient, it was understood Friday.
Thai round attracts Salamander, Chevron Jul 20, 2007Thailand’s latest oil and gas round has attracted 41 applications for 21 mostly landward blocks — an eclipse of last year’s interest — with local supermajor Chevron seeking out three offshore blocks, Reuters reported Friday.
Honeywell buying oil-gas automator Enraf Jul 20, 2007Process automation company Honeywell has notched 17 percent higher net income for second-quarter 2007 year-on-year, a $611 million result that coincides with a buy-up in its process solutions unit.
Delmar delivers Perdido MODU Moorings Jul 6, 2007Delmar Systems, Inc. under an EPCI (Engineer, Procure, Construct, Install) contract with Shell Exploration & Production Co., Inc., delivered preset MODU (mobile offshore drilling unit) moorings for the Perdido Deepwater Development located in Alaminos Canyon, Gulf of Mexico. Using the latest in deepwater mooring technology, Delmar provided multiple mooring systems for this development drilling project.
Empyrean, partners cheer Margarita gas Jul 3, 2007U.K. independent Empyrean Energy has reported another gas discovery at the Margarita project on the Gulf Coast of Texas, it was announced Tuesday.
Universal goes to work for 1st Texas Jul 2, 2007Texas producer Universal Energy Resources, Inc has sold all its assets — said to be $650,000,000 worth — to 1st Texas Natural Gas Company, Inc., it was announced Monday.
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