Odfjell Drilling and William Jacob Management (WJM) signed a cooperation agreement under which the companies will mutually deliver engineering services of offshore drilling facilities to the global energy market. The services will include conceptual and FEED studies…
Singapore’s Swissco completed the acquisition of four additional mobile offshore drilling units, bringing their rig fleet to eight. Swissco’s previous four rigs have contracts for an oil major in Latin America worth approximately US$94…
ABB is to deliver total power solutions to Ocean Rig’s two new seventh generation integrated design mobile offshore drilling units (MODU), being built by Samsung Heavy Industries (SHI) at Goeje shipyard in Korea. The contract includes…
Inpex’s Australian Ichthys LNG project has reached 50% completion less than two-and-a-half years after its final investment decision was made, the Japanese operator announced on 25 June 2014. The company said that the semisubmersible pipelay…
InterMoor has completed decommissioning operations of the Innovator platform in Gomez field, Mississippi Canyon Block 711, Gulf of Mexico. The scope of work, conducted in water depths of 910 m, involved disconnecting 10 risers/umbilicals…
GE's Power Conversion business is to supply of dynamic positioning (DP) for a floating accommodation unit being built by Cosco (Nantong) Shipyard in Nantong City, China. The vessel is being built for Logitel Offshore, the Singapore-based floating logistics and accommodation rig owner…
MacGregor has won a contract to deliver a comprehensive set of cranes to a new vessel under construction at the long-established Canadian shipyard, Chantier Davie Canada Inc. The vessel is scheduled for delivery by the end of Spring 2015…
Standard & Poors said that Transocean Ltd. (RIG) would replace computer maker Dell Inc. (DELL) in the S&P 500 index, effective 28 Oct 2013. The S&P 500 index one of the most commonly followed stock market (equity) indices and it is based…
Aberdeen-based Dolphin Drilling Ltd has awarded Harland and Wolff the contract for the dry docking of the Blackford Dolphin mobile offshore drilling unit (MODU). The project will include upgrade work and repairs and renewals for its class renewal survey…
A subsidiary of Atwood Oceanics has ordered a fourth ultra-deepwater drillship from South Korea's Daewoo Shipbuilding and Marine Engineering (DSME). The vessel, to be named the Atwood Archer, will be identical to the previously ordered Atwood Advantage…
On June 5, Houston-based Atwood Oceanics Inc. announced a new drilling services contract with Eni S.p.A. for the Atwood Beacon. The independent leg cantilever jackup rig is currently working offshore Israel but will finish by July 2013. The…
Atwood Oceanics Inc. was awarded a drilling services contract for the ultra-deepwater drillship Atwood Achiever by a subsidiary of Kosmos Energy Ltd.for an exploration program commencing in Morocco. The contract specifies a base operating rate of about US $595…
Marine Cybernetics AS (MC) recently signed its first contract for delivery of HIL testing (Hardware in the Loop) to a total of six mobile offshore drilling unit (MODU) newbuilds to be hired by Petrobras in Brazil. HIL testing is a proven methodology that is used in many other industries…
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the worldwide competitive mobile offshore drilling unit (MODU) fleet remains steady at 86%.Although demand for all rig types has grown by 57 rigs over the last twelve months…
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the competitive fleet of mobile offshore drilling units worldwide has been gradually improving since February and is currently in the mid-80% range…
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