The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, was launched into the water at the Seatrium AmFELS shipyard in Brownsville, Texas.The 472-foot WTIV—the first and only to be constructed in the U…
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…
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…
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…
Offshore accommodation rig provider Prosafe has informed that its Safe Concordia semi-submersible flotel secured charter extension in the U.S. Gulf of Mexico.The charterer of the Safe Concordia flotel exercised early the first four months of six available months of options…
Awilco Drilling said Thursday that an arbitration tribunal had ruled in its favor in its second case against Singapore-based Keppel FELS over a rig contract termination. It lost the first in April 2023.Awilco Drilling in 2018 ordered a harsh…
Offshore wind turbines are reaching new heights both literally (meters), and figuratively (megawatts). As the demand for larger turbines surges, so do the challenges faced by offshore installation contractors, which need to come up with bigger vessels…
It’s a big deal when a U.S. president visits an American shipyard, and these trips always send a message. When President Obama spoke at HII’s Newport News Shipbuilding in 2013, he warned of the consequences of sequestration. President Trump’s 2020 speech at Fincantieri Marinette Marine touted a $5…
Singaporean shipbuilder Seatrium New Energy, formerly Keppel FELS, on Tuesday announced it has delivered a new jackup rig to the UAE's ADNOC Drilling.The rig, named AlSila, is among five that Seatrium had been building for Borr Drilling. In 2022…
Singapore's Keppel Corp KPLM.SI on Thursday reported a more than seven-fold jump in its first-half profit boosted by a one-off gain from the sale of its offshore and marine (O&M) unit and strong performance from the infrastructure business.Keppel…
Offshore drilling contractor Borr Drilling announced it has secured a contract extension for its jack-up drilling rig Mist from Valeura Energy in Thailand.The contract extension covers a firm term of 9 months starting in direct continuation…
Offshore drilling firm Seadrill on Wednesday announced it has agreed to sell three tender-assist units to Singapore's Energy Drilling Pte Ltd for a total of $85 million in cash.The units are the semi-tender West Vencedor and tender rigs T-15 and T-16…
Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatization agency HRADF said on Wednesday.Alexandroupolis, which is close to Bulgaria and Turkey, has been used by U…
Singapore's Sembcorp Marine has ordered from ABB the complete electrical system automation for the P-82 FPSO Sembcorp Marine is building for the Brazilian oil company Petrobras.The P-82 FPSO, ordered by Petrobras in October 2022, will be one…
An arbitration tribunal this week ruled in favor of Keppel FELS in the case vs. Awilco Drilling over a June 2020 offshore drilling rig construction termination.Awilco Drilling in 2018 ordered the harsh environment semi-submersible drilling rig from Keppel…
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