Rowan Companies plc entered into a three-year contract with Cobalt International Energy, L.P. for the Rowan Reliance, a new ultra-deepwater drillship currently under construction at the Hyundai Heavy Industries Co. Ltd. (HHI) shipyard in Ulsan…
Allseas’ heavy-lift and pipelay vessel the Pieter Schelte has been awarded its first contract. The vessel, under construction at Daewoo Shipbuilding and Marine Engineering (DSME) in Okpo, Korea, is to carry out topsides removals on the Shell-operated Brent field in the North Sea…
Rig design engineering firm RDS has been awarded two contracts valued at US $42,000,000 for engineering and design services in the North Sea and a global master services agreement (MSA). The first contract is for detailed design and…
Tullow Ghana Ltd. awarded Modec subsidiary TEN Ghana MV25 B.V. contracts for the supply, charter and lease, operations and maintenance of a FPSO vessel for the Tweneboa, Enyenra, and Ntomme (TEN) fields in the Deepwater Tano contract area…
Shell Oil Co. reports that the Olympus tension leg platform reached the Mars B field on July 20th, following a 425-mi. tow from Ingleside, Texas. The location, in Mississippi Canyon Block 807, is about 130mi. south of New Orleans. The TLP was safely secured in place last week…
Inpex Corp.’s (INPEX) subsidiary, Teikoku Oil Co. Ltd., reached an agreement to transfer 30% of its participating interest in the Block 31 offshore Suriname, to UK-based E&P company, Tullow B.V., a subsidiary of Tullow Oil (Tullow). This…
Total E&P Congo awarded Technip an engineering, procurement, and supply contract for the Moho phase 1bis development as part of the Moho Nord project, off the Republic of Congo. Moho Phase 1bis development is a brownfield development…
Daewoo E&C awarded Royal Boskalis Westminster N.V. (Boskalis) an EUR 80 million contract regarding dredging and reclamation of new land for Songdo International City on the waterfront of Incheon, South Korea. The project consists of reclamation…
Offshore drilling solutions provider AGR Enhanced Drilling (AGR ED)has further secured its position in the Caspian after BP signed a two-year contract extension with the Norwegian company. The contract was signed by BP Exploration (Caspian Sea) Ltd…
Actuant Corp. to acquire Viking SeaTech (Viking). The purchase is subject to customary regulatory approvals and closing conditions, and is expected to be completed within 45 days. The US$225 million purchase price will be funded from the Actuant Corp…
China National Offshore Oil Corp. (CNOOC) signed production sharing contract (PSC) with Shell China Exploration and Production for Block 35/10 in Yinggehai Basin, west of the Hainan Island, China, in the South China Sea. Block 35/10 covers a total area of 3…
Keppel FELS delivered a KFELS B Class jackup rig, to privately-owned Mexican company Constructora y Perforadora LATINA (CP LATINA). The jackup rig was named La Santa Maria at a ceremony in Keppel FELS on August 2. The rig, which is can operate in water depths up to 400ft and drill down to 30…
COSCO Corp. Ltd. has been active completing vessels and signing new construction contracts. The company announced that COSCO (Qidong) Shipyard Co., Ltd has delivered the jackup barge, IB914, and the transportation barge, IB924, to an Australian company…
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…
Newly released remotely operated vehicle (ROV) statistics from the International Marine Contractors Association (IMCA) show there has been an increase of members’ ROV-based construction, drill support and cable-laying activities since IMCA started collecting figures on a worldwide basis in 2009…