Monday, January 14, 2013
Frigstad D90
Engineering News

Frigstad Places $1.3 Billion Newbuild Order for Ultra-Deep Water Rigs

In a $1.3 billion speculative venture, Frigstad Deepwater Ltd placed an order last week with CIMC Raffles for two, 7th generation ultra deepwater Frigstad D90™ rigs. Rated to operate in...

January 14, 2013
Total Views: 5

Friday, May 18, 2012
Offshore News

Drilling Off Cuba, and How the Embargo Could be Very Costly for the US

The Scarabeo 9, on contract for Repsol, is currently sitting at, or very close to, “TD” or total depth on the first deepwater well ever drilled off Cuban shores. So...

May 18, 2012
Total Views: 0

Monday, February 13, 2012
finance

Market Update: Saipem Achieves Record Profits in 2011 [REPORT]

Saipem, the offshore energy contracting arm of Italian integrated energy company ENI, reported record profits in 2011.  Their adjusted net profit for 2011 reached a record level of €921 million,...

February 13, 2012
Total Views: 3

Friday, January 20, 2012
scarabeo-9
News

Bienvenidos a Cuba! The Scarabeo-9 Deepwater Drilling Rig Arrives in Havana

HOUSTON -(Dow Jones)- An Italian drilling rig scheduled to drill a deep-water well offshore Cuba has arrived to the shores of Havana, Cuban media said Thursday. The website cubadebate.cu said...

January 20, 2012
Total Views: 7