Daewoo Shipbuilding, a massive industrial complex located in Okpo, Korea, exceeded their 2010 goal of $10B with $11.2B in new business this year. According to Reuters, they are aiming to...
As you might be aware, the frequency of my blog posts have slowed down in the past few months. The reason; I have been busy finishing the writing of my...
I’ve been impressed with Damen ships ever since seeing these guys at Houston’s Offshore Technology Conference a few years ago. These are without a doubt the sexiest workboats on the...
K Line Offshore’s KL Sandefjord just completed sea trials and set the new world record at 430 tons (390 metric) for a bollard pull by an anchor handling vessel on...
Oslo: DNV has developed the world’s first class rules for wind farm service vessels in order to improve safety and promote uniform standards. The rules will be published on 1...
SAN RAMON, Calif., December 16, 2010 – Chevron Corporation (NYSE:CVX) today announced it has sanctioned development of its $4 billion Big Foot project in the deepwater U.S. Gulf of Mexico....
HOUSTON, TX, Dec 14, 2010 (MARKETWIRE via COMTEX) — Pride International, Inc. (NYSE: PDE) today announced that the company has reached agreement with Samsung Heavy Industries, Ltd. (SHI) for the...
Today, the U.S. Deptartment of Justice announced filing of a civil lawsuit against BP and several other companies involved in the Gulf Oil Spill, seeking undisclosed penalties and damages under...
The Edda Fides is a type of vessel that goes by many names. Officially designated as an Accommodation Vessel these Floating Hotels are often reffered to as Flotels for their...
As their 3rd Quarter conference call seemed to allude to, Transocean has just signed an agreement with PPL Shipyard in Singapore to purchase a Pacific-class high-specification jackup rig, currently under construction....
Seadrill Ltd. announced today that they have awarded the Korean shipbuilder Samsung Heavy Industries a $1.08B contract to build four new dual-activity drillships. This is the first new drillship order...
Transocean’s CEO Steven Newman; Ricardo Rosa, Senior Vice President and Chief Financial Officer; Ihab Toma, Senior Vice President of Marketing and Planning; and Terry Bonno, Vice President of Marketing discussed...
Dow Jones News Wire provided this article discussing the recent “for sale” announcement by Pride International, and their shallow-water jack-up drilling rig business, Seahawk Drilling. They mention possible bidders to...
About a week or two before the drilling moratorium was lifted in the Gulf of Mexico, the Statoil-contracted Discoverer Americas pulled anchor and motored east loaded to the gills with their...
Running 22-inch casing on Discoverer Clear Leader In an early afternoon call today with the media, Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management director Michael...
There are rumours flying around about the possible premature lifting of the drilling ban in the Gulf of Mexico. Of the 33 rigs operating in the Gulf of Mexico, the...
The Bureau of Ocean Energy Management (BOEM), formerly known as the MMS, released two new directives today under an “emergency rule-making process”. Their new “Drilling Safety Rule” and the “Workplace...
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