Fifteen leading offshore companies, including Shell, Chevron, and McDermott International, have signed a memorandum of understanding (MOU) to establish engineering industry standards known as the Standardization Unified Joint Industry Project (JIP)…
Managing director of Keppel Offshore & Marine, Michael Chia Hock Chye, has joined KrisEnergy’s board of directors as a non- executive director effective 13 May 2016. Chia has also been appointed as a member of the audit committee and nominating committee…
The third of four new Cat D rigs being built to work for Statoil by drilling contractor Songa Offshore has started drilling operations for Statoil on the Norwegian Continental Shelf under its eight-year contract. The Songa Encourage is on operational day rate and working on the Skuld field…
The Offshore Technology Conference (OTC) returns to Houston with strategies for adapting to the new normal. Images from OTC. In its 48th run, the 2016 Offshore Technology Conference…
Songa Offshore has taken delivery of the Songa Enabler, the last of its string of four new, sixth generation Car D drilling rigs from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. The semisubmersible unit is now due to depart…
DONG Energy's flagship high-pressure, high-temperature Hejre field development is in a state of limbo after operator DONG Energy said it was terminating a contract for the topsides, despite being well into construction. Contractors Technip and Daewoo Shipbuilding & Marine Engineering…
Houston's Vantage Drilling has signed an agreement for a two-year extension of the ultra-deepwater drillship Tungsten Explorer contract. The contract, initially signed in 2013, and running from mid-2014 for two years, is now anticipated…
ABS has centralized its global marine strategic planning, client development, and product and service offerings to deliver enhanced classification services and joint technical projects. Effective today (15 February), Dr. Kirsi Tikka is promoted…
Blow out preventer (BOP) related issues have hit Songa Offshore with low earnings on two of its new Cat D semisubmersible drilling rigs. The Songa Endurance, the second of the firm's four new Cat D rigs, had just 11% operational and earnings efficiency while working for Statoil in Norway…
Seadrill has reached an agreement with Daewoo Shipbuilding & Marine Engineering shipyard in South Korea to defer the delivery of two ultra-deepwater drillships, the West Aquila and West Libra, until Q2 2018 and Q1 2019 respectively. Under the terms of the original construction contracts…
Norwegian accommodation vessel provider Prosafe and oil firm Statoil have agreed to re-phase the Mariner project on the UK Continental Shelf of the North Sea from 2016 into 2017, and extend the firm hire duration from eight months to 13 months…
The Petronas floating LNG1 (PFLNG1) has reached a 95% overall progress in its construction and will come onstream in 2016, the company said. In late September, Petronas began lifting the first topside module for its PFLNG1 facility at…
The Institute of Marine Engineering Science and Technology (IMarEST) will be offering free student membership to all students (undergraduate and postgraduate), cadets and apprentices for the duration of their studies or training. This…
Songa Offshore has today taken delivery of Songa Endurance from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Songa Endurance will shortly depart South Korea en-route to Norway to start an eight-year drilling contract with Statoil…
Daewoo Shipbuilding and Marine Engineering (DSME) delivered notices of arbitration regarding the construction contracts for Cat D-rigs to be delivered to Songa Offshore, according to Songa Offshore CEO, Bjørnar Iversen. In its 1Q 2015 interim financial report…
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