Samsung Heavy Industries Launches World’s Largest Semi-Submersible

Samsung Heavy Industries has launched the semi-submersible that will serve as the central processing facility (CPF) for the giant Ichthys LNG project off Western Australia. Located about 139 miles (224km) offshore Western Australia in the Browse Basin, the Itchys field represents the largest discovery of hydrocarbon liquids in Australia in 40 years and is ranked among the … [Read more...]

Grizzly Tour Lodge Transported on Puglia Engineering’s Faithful Servant [IMAGES]

After a fire destroyed the Grizzly Tour Lodge in British Columbia, Canada last fall, owner Dean Wyatt was fortunate enough to find another lodge for sale on the opposite side of Vancouver Island.  The obvious problem he then faced was the logistical problem of moving this lodge around Vancouver Island to Knight Inlet on the Campbell River. Dean found his solution when he … [Read more...]

Diamond Offshore Orders $370 Million Semisubmersible

Houston-based Diamond Offshore (NYSE:DO) announced Tuesday that a subsidiary has ordered a moored semi-submersible rig from Singapore's Jurong Shipyard for approximately $370 million. The rig, to be named the Ocean Apex, will be capable of operations in water depths up to 6,000 feet. The rig will also be designed with a variable deck load of 7,000 long tons, a maximum … [Read more...]

No Slowdown in Sight for Deepwater Rigs, Keppel Signs $4.1 Billion Order

SINGAPORE--Keppel Corp. Ltd. (BN4.SG) Tuesday said it has firmed up contracts to build five additional semisubmersible drilling rigs for Sete Brasil Participacoes SA for US$4.1 billion. The five rigs will be based on Keppel's DSS 38E design and are scheduled for delivery in the fourth quarter of 2016, third quarter of 2017, second quarter of 2018, fourth quarter of 2018 and … [Read more...]