Maersk Drilling’s second drillship, Maersk Valiant, has started its voyage to the US Gulf of Mexico (GOM) today after being delivered from Samsung Heavy Industries' (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant (pictured) will…
ConocoPhillips has taken a three-year contract for the ENSCO DS-9 drillship, currently under construction at the Samsung Heavy Industries, Co. Ltd. (SHI) Shipyard in Geoje, South Korea. The ENSCO DS-9 is a Samsung GF12000 hull design…
Petronas has reached the final investment decision(FID) for its second FLNG facility project, off the coast of Sabah in Malaysia. The FID was approved by the Petronas board on 23 Jan 2014. Subsequently, Petronas has issued a letter of award for the engineering procurement…
Ensco plc announced the sale of its two remaining cold-stacked jackup rigs for US$33 million. The net value of the two rigs, ENSCO 69 and Wisconsin, both built in 1976, was approximately $9 million. The pre-tax gain on the sale is approximately $24 million…
Shell’s Prelude floating liquefied natural gas (FLNG) facility floated out of the dry dock at Geoje, South Korea’s Samsung Heavy Industries yard, where the facility is currently under construction. Upon completion, Prelude FLNG will be the largest-ever floating facility…
Watch as the 488m-long hull of Shell’s Prelude floating liquefied natural gas (FLNG) facility floats out of the dry dock at Geoje, South Korea’s Samsung Heavy Industries yard, where the facility is currently under construction. Upon completion…
Seadrill has signed a contract with Chevron China Energy Company for the newbuild ultra-deepwater drillship West Tellus in support of Chevron's affiliated global exploration program. The contract will start in China immediately on shipyard delivery of the unit…
In an important step, Shell has laid the keel for Prelude FLNG, the world’s first floating liquefied natural gas (FLNG) project. When complete, Prelude is expected to be the largest offshore floating facility ever built. The hull will now be assembled in the dry dock…
ABB has won two contracts worth a combined $45 million on the Ichthys oil and gas project offshore Western Australia. The firm has been appointed as the main electrical contractor (MEC) for a new floating production, storage and offloading…
Samsung Engineering has appointed Michel Lainé as chief operating officer of its newly established offshore segment. Lainé comes to Samsung from Saipem (France) where he served as chairman and CEO. His appointment underpins Samsung Engineering’s bid to move into the offshore market.
Ex-Saipem CEO appointed Samsung Offshore COO Michel LaineSamsung Engineering has appointed Michel Lainé as chief operating officer of its newly established offshore segment, effective December 20, 2012.Lainé’s career in offshore began in 1982 with ETPM…
The Atwood Advantage dockside at Daewoo’s yard in South Korea.The newest ultra-deepwater drillships joining the fleet this year will be capable of working in 12-14,000ft (3658-4267m) water depths and drilling to 40,000ft. Ultra-deepwater…
Shell's PreludeShell and TSC team up on future LNG projects Shell Gas & Power Developments B.V. (Shell) and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboration on the design, engineering, procurement…
FMC Technologies and Edison Chouest Offshore formed a joint venture based in Houston to provide integrated vessel-based subsea services for offshore oil and gas fields globally. The JV will offer equipment intervention, riserless light well intervention…
ENSCO 8505, the sixth in a series of seven ultra-deepwater semisubmersibles, recently arrived in Texas for final trials before launching a two-year stint under contract to Anadarko, Apache and Noble Energy in the Gulf of Mexico. Russell McCulley was on hand in Corpus Christi…