Keppel News

 

First US-Built Wind Turbine Installation Vessel Starts Sea Trials

Feb 20, 2025

The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, has started sea trials ahead of delivery to Dominion Energy planned for later in 2025.The Seatrium AmFELS shipyard in Bronsville, Texas, has been in charge of the construction of the WTIV vessel, the first of its kind to be build in the United States.The vessel, commissioned by Dominion Energy…

BW Offshore Concludes Sale of FPSO BW Pioneer to Murphy Oil

Mar 26, 2025

BW Offshore has closed the sale of the floating production, storage, and offloading (FPSO) BW Pioneer to a subsidiary of Murphy Oil Corporation for $125 million.Following the close of the transaction, BW Offshore has received the initial payment of $100 million…

BW Offshore, Murphy Oil Agree Short-Term Extension for BW Pioneer FPSO

Mar 19, 2025

BW Offshore has signed a short-term extension agreement with a subsidiary of Murphy Oil Corporation, agreeing more time for the completion of sale of the floating production, storage, and offloading (FPSO) BW Pioneer.BW Offshore has signed a short-term extension agreement…

Floatel Confirms Deal for Floatel Triumph Off Western Australia

Mar 14, 2025

Offshore accommodation rig provider Floatel International has informed that the previously communicated Letter of Intent (LOI) with an undisclosed client for Floatel Triumph has now been converted into a firm contract.The assignment, located offshore Western Australia…

Five-Year Contract Win for FPSO BW Pioneer

Mar 12, 2025

BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for $125 million to a subsidiary of Murphy Oil Corporation, the operator of the Cascade & Chinook field.The transaction includes an initial payment of $100 million upon…

Chevron Extends Shelf Drilling Scepter Rig’s Stay Off Nigeria

Feb 20, 2025

Offshore drilling contractor Shelf Drilling has secured a one-year extension with Chevron for its Shelf Drilling Scepter jack-up rig offshore Nigeria.The extension will begin in direct continuation of the rig’s current contract, extending the commitment until July 2026…

Prosafe Sells Safe Concordia Flotel

Feb 19, 2025

Offshore accommodation rig provider Prosafe has signed an agreement with an undisclosed party for the sale of its Safe Concordia semi-submersible flotel.Prosafe signed the deal through its wholly-owned subsidiary for the gross price of $5 million before commissions and expenses…

Saudi Aramco Suspends Another Borr Drilling’s Jack-Up

Nov 20, 2024

Offshore drilling contractor Borr Drilling has received a notice of temporary suspension for its jack-up rig Arabia II, currently under contract with Saudi Aramco.The temporary suspension will be for a period of up to 12 months, Borr Drilling said…

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Nov 19, 2024

On the back of improving conditions in the offshore rig market, Singaporean asset manager and operator Keppel has set out to secure control over 13 legacy rigs held by Rigco Holding (Asset C) as part of its plan to accelerate monetization of rigs without re-entering the offshore market…

Prosafe’s Safe Concordia Secures $13M Extended Stay in Gulf of Mexico

Sep 12, 2024

Offshore accommodation rig provider Prosafe has informed that its Safe Concordia semi-submersible flotel will remain in the U.S. Gulf of Mexico for additional four months as part of $13.1 million charter extension.The charterer of the Safe Concordia…

Noble Secures Drilling Work off Poland

Jul 22, 2024

Offshore drilling contractor Noble Corporation announced its first drilling campaign offshore Poland.The jackup Noble Resolve will drill one well for CEP Central European Petroleum BV in the Wolin Concession starting October 2024, in direct continuation after SPS…

Noble Corporation Hooks $40M Contract for Noble Resolve Jack-Up

May 10, 2024

Offshore drilling contractor Noble Corporation has secured a new contract for the jack-up Noble Resolve with an undisclosed operator, offshore Spain.The campaign will consist of plug and abandon work on 13 wells and is expected to start in the second quarter 2025 and last approximately 170 days…

Borr Drilling’s Arabia I Rig to Suspend Ops

Apr 04, 2024

Offshore drilling contractor Borr Drilling has received a notice of temporary suspension for its jack-up rig Arabia I, currently under contract with Saudi Aramco.The temporary suspension for Arabia I rig, currently operating offshore Saudi Arabia…

Norway Greenlights Aker BP’s Exploration Drilling Campaign

Mar 26, 2024

The Norwegian Offshore Directorate has granted a drilling permit to Aker BP for a wildcat well in the North Sea, which will be drilled using Noble Corporation’s Noble Integrator jack-up rig.The permit is for 24/6-5 exploration well in the North Sea at the Alvheim Deep prospect…

Aker BP Set for New Drilling Campaign with Noble’s Jack-up Rig

Feb 19, 2024

The Norwegian Ocean Industry Authority (Havtil) has granted Aker BP consent for exploration drilling in the North Sea, which will be conducted using Noble Corporation’s Noble Integrator jack-up rig.The consent is for 24/6-5 exploration well in the North Sea at the Alvheim Deep prospect…

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