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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.
Awilco orders $197M in gear ahead of rig order Jul 2, 2007Drilling contractor Awilco Offshore has secured a drilling package from National Oilwell in Kristiansand, Norway for a fourth new-build, semi-submersible drill rig not yet ordered.
Keppel secures $534 million rig contracts Jun 26, 2007Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Corporation Limited, has secured two rig contracts amounting to US$534 million (approximately S$820 million).
BKM secures $9.5 million in work orders Jun 8, 2007Beng Kuang Marine Limited (“BKM”) and its subsidiaries (the “Group”), an established provider for corrosion prevention (CP), infrastructure engineering (IE), and supply and distribution (SD) services to the marine and offshore oil and gas industries, announced the Group has secured a total of USD9.5 million in work orders from the subsidiaries of Labroy Marine Limited (the “Contracts”).
Northern buys three Maersk jackups for $445M Jun 4, 2007Oslo-listed drilling vessel operator Northern Offshore Ltd. will buy three 300 IC “harsh-environment” jack-up drill rigs from Maersk Contractors for $445 million.
Petromena posts loss, as deepwater beckons May 31, 2007Oslo-listed rig company Petromena posted a NOK21.7-million ($3.6 million) net, fourth-quarter loss Thursday, down som NOK11 million, as the Larsen Oil & Gas outfit waits out the delivery of three sixth-generation semi-submersibles.
Keppel to build second rig for PetroVietnam Drilling May 28, 2007Keppel FELS Ltd. shipyard has won a second contract for a PetroVietnam Drilling Investment Corp. jack-up rig, a $191-million project to be named PV Drilling II.
Scorpion Offshore secures Letter of Intent for Offshore Courageous May 25, 2007Scorpion Offshore Ltd. has been awarded a letter of intent for the Offshore Courageous for operations offshore India beginning in the 3rd quarter 2007.
Aker Kvaerner order-train to Jurong grows apace May 7, 2007Rig-builder Jurong Shipyard Pte. Ltd in Singapore has granted Aker Kvaerner an order to provide the drilling system for an ultra-deepwater semi-submersible, it was learned Monday.
Aker modules for OTC prize winner Apr 18, 2007Japanese floating technology expert MODEC has awarded Aker Kvaerner the $13 million task of providing process modules for a floating production storage and offloading vessel, or FPSO, the supplier contractor announced Wednesday.
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Seadrill airs new Eastern bid ahead of listing Apr 16, 2007The board of drill-rig contractor Seadrill has decided to make a mandatory bid for the remaining shares of harried counterpart Eastern Drilling, and, by day’s end Tuesday, will have raised $150 million in the market to help afford the move.
COSL ammounces 1500 days of safe operation Apr 16, 2007China Oilfield Services Limited announces semi-submersible rig NH2 of COSL has accomplished its 1,500 consecutive days of safety operation.
FRID extended deadine for second option Apr 12, 2007Yantai Raffles Shipyard has agrees to extend the April 5, 2007 deadline for executing the contract to build a second rig similar to the 'SS Frigstad Oslo', which is currently under construction at Rantai Raffles. Within this agreement, Frigstad may now declare the option anytime before June 5, 2007.
Norway: 80% of column-drive, new-build rig market Apr 4, 2007Some 80 percent of the worldwide market for newbuild rigs using cylinder drive solutions can be accessed from southern Norway, OilGas24 learned Wednesday. By WILLIAM STOICHEVSKI
Awilco Offshore ASA exercises option to build a jack-up rig with PPL Shipyard Apr 4, 2007PPL Shipyard, a subsidiary of SembCorp Marine, has signed a rig building contract with Awilco Offshore ASA for the construction of a Baker Marine Pacific Class 375 Deep Drilling Offshore Jack-up Rig.
Parker Drilling announces new contracts for six rigs in international markets Mar 28, 2007Parker Drilling Company announced today the award of new contracts for six of the Company's international land rigs to certain subsidiaries operating in Libya, Mexico and Kazakhstan. Of the six rigs fulfilling these contracts, five are mobilizing from inactive status.
Abbot’s Saudi, Songa ties help double profits Mar 19, 2007Drilling contractor Abbot Group trumpeted Monday that its return to Saudi Arabia after a 15-year absence helped double net profit for 2006 to $30.7 million.
Sevan signals Asian “round-rig” expansion Mar 16, 2007Norwegian cylindrical oil platform builder Sevan Marine will expand its fleet of four “rigs” under construction to five under a deal reached with two Chinese yards, while securing hulls for a No. 6 and No. 7.
Deep Sea Supply to ply hot markets with new ship Mar 7, 2007Norway-based Deep Sea Supply PLC has chartered an anchor-handling, tug-supply vessel from Java Marine Lines of Singapore, it was understood Monday.
Aker Yards to build Aker Oilfield $650M in ships Mar 2, 2007Aker Yards will build four well-intervention and construction vessels for newly created Aker Group business, Aker Oilfield Services, it was announced Friday.
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