Transocean rig off Africa taking on water

Transocean Ltd. spokesman Guy Cantwell told The Associated Press that the rig called Marianas began to take on water near Ghana as it was preparing to move to another location. The rig, currently under contract to Italian oil company Eni, was not drilling at...

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Maersk exercises drillship option

Maersk Drilling has declared its option to build two ultra deepwater drillships at Samsung Heavy Industries in South Korea, at a cost of about $1.3 billion, for delivery in the second and third quarters of 2014. [Read More] Source: Motors...

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ASL Marine Secured Shipbuilding Contracts Worth S$131 Million

The Board of Directors of ASL Marine Holdings Ltd. announced that its wholly-owned subsidiary ASL Shipyard Pte Ltd has secured new shipbuilding contracts worth a total of approximately S$131 million (USD 106.6 million ) for the construction of eleven vessels: •...

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McDermott Wins Subsea Contract in Australia

McDermott International, Inc. (NYSE:MDR) ("McDermott") announced today the award of a significant subsea contract to its Australian subsidiary for a deepwater offshore engineering and construction project, including structural transportation...

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NYK - New Jointly Owned Energy-Efficient LNG Carrier Named

On July 6, NYK Line and Tokyo LNG Tanker Co. Ltd., a wholly owned subsidiary of Tokyo Gas Co. Ltd., held a naming ceremony for a jointly owned LNG carrier being built at the Sakaide Shipyard of the Kawasaki Shipbuilding Corporation. At the ceremony, Tsuyoshi Okamoto,...

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China's shipbuilding industry output value up 25.4% in Jan-May

The total industrial output value of China's shipbuilding industry increased 25.4% year on year to RMB 302.3 billion in the first five months of this year, according to a report based on the above-scale 1,524 Chinese shipbuilding enterprises and released by the...

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