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…
Petrobras will not do all of its shipbuilding work in Brazil, a top executive said, dashing industry hopes the state-controlled oil firm would review its awarding process to spur job creation. Steel groups, shipping unions and 14 other organizations…
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…
Singaporean conglomerate Keppel Corp Ltd on Thursday posted a higher net profit for the first quarter, boosted by a significant one-off gain recognized from the sale of its offshore & marine unit.In February, Sembcorp Marine completed a S$4…
Acteon's InterMoor has secured a contract to fabricate 12 mooring piles to support oil firm LLOG in the permanent mooring of the Salamanca Floating Production System in the U.S. Gulf of Mexico.LLOG previously awarded the design of the 80’ long and 16’ OD piles…
GE Power Conversion said Tuesday it had recently secured a contract with Singapore-based Keppel Shipyard to supply and deliver two electrical modules for the Petrobras P-80 and P-83 FPSOs.'The integrated electrical module to be provided by GE…
Singapore-based Sembcorp Marine said Monday it was proposing to change its name from “Sembcorp Marine Ltd” to “Seatrium Limited.'This follows the completion of the combination of the company's businesses and Keppel Offshore & Marine Ltd on February 28…
Dutch FPSO leasing company SBM Offshore said Friday that the China-built hull of the FPSO ONE Guyana had entered drydock at Keppel Shipyard in Singapore. One Guyana is one of SBM Offshore's largest-ever FPSO Units and is being built for deployment…
Offshore drilling firm Dolphin Drilling said Thursday its Blackford Dolphin drilling rig had arrived in Nigeria.The rig is preparing to start operations under a 12-month contract with General Hydrocarbons Limited (GHL).Worth noting, Dolphin…
Offshore drilling firm Dolphin Drilling said Thursday it had secured a new contract for Blackford Dolphin with Peak Petroleum in Nigeria.The contract with Peak Petroleum will extend the rig's stay in Nigeria and is in direct continuation of…
Oslo-listed jack-up drilling rig leasing firm Shelf Drilling said Wednesday that it had secured a two-year contract in Nigeria for its Shelf Drilling Scepter rig.The contract value for the firm period, including mobilization revenue, is approximately $118 million…
Work has begun to develop Greece’s first Floating Storage Regasification Unit (FSRU) at the Keppel shipyard in Singapore, with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed Alexandroupoli.Following conversion,…