Olympia secures US $652 million deal

Norway's Ocean Rig has landed a major new drilling deal for one of its latest units worth US $652 million.Ocean Rig Olympia has received a letter of award by an undisclosed major operator for a three year drilling contract offshore West Africa, continuing...

Posted on 4/10/2012 / 0 comments / Read More

Hyundai inks LNGC for Tsakos

Athens, Greece - April 10, 2012 - Tsakos Energy Navigation announced the order of one plus one state-of-the-art LNG carrier for delivery in Q1 2015 at a major South Korean yard.While the owner does not reveal the yard involved in the deal, it was reported that...

Posted on 4/10/2012 / 2 comments / Read More

DSME Signs MoU with Peru Government for Construction of Naval Vessels

Daewoo Shipbuilding & Marine Engineering Co inked a memorandum of understanding with Peru for construction of naval vessels for the country’s navy. The MoU includes construction of the new vessels and maintenance and upgrades of Navy’s submarines. Daewoo...

Posted on 4/10/2012 / 0 comments / Read More

Fairstar announces sea trials FORTE and launching FINESSE

Fairstar Heavy Transport N.V. (FAIR) announced the Company's new build 50,000DWT semi-submersible vessel FORTE has departed the quayside and begun a series of tests and sea trials off the coast of China. The sea trials will be under the supervision of Det...

Posted on 4/10/2012 / 0 comments / Read More

Prosafe awarded contracts by Statoil

Prosafe has been awarded two separate contracts by Statoil Petroleum AS (‘Statoil’) using the Safe Scandinavia and Regalia. The Safe Scandinavia will be used for accommodation support at Snorre A in the Norwegian sector of the North Sea for a nine-month firm...

Posted on 4/10/2012 / 1 comments / Read More

Wilton Engineering secures major North Sea project with Subsea 7

Wilton Engineering Services (WESL) Limited – the international design, engineering and fabrication business – has secured a multi-million pound contract with Subsea 7.  Wilton Engineering, a Wilton Group company, will construct support clamps for work...

Posted on 4/10/2012 / 0 comments / Read More

ConocoPhillips to Use Maersk Innovator at Ekofisk

ConocoPhillips Skandinavia AS (COPSAS) has received consent to use the jack-up drilling facility Mærsk Innovator to drill eight water injection wells on the Ekofisk field. The consent covers the drilling of eight water injection wells with the objective of...

Posted on 4/10/2012 / 0 comments / Read More

Kosmos Energy Announces New Exploration Licenses Offshore Mauritania

 Kosmos Energy (NYSE: KOS) announced today that it has signed three Production Sharing Contracts (PSCs) with the Government ofMauritania for Blocks C8, C12, and C13 offshore Mauritania. The contracts will take effect upon formal ratification...

Posted on 4/09/2012 / 0 comments / Read More

McMoRan Expects Davy Jones Commercial Flow Soon

McMoRan Exploration Co. today provided an update on flow testing activities at the Davy Jones No. 1 well on South Marsh Island Block 230. Technical completion has been achieved successfully and work is ongoing to establish commercial production from the well.  The perforation of the Wilcox “D”...

Posted on 4/09/2012 / 0 comments / Read More

Ensco Orders Sixth Ultra-Deepwater Drillship from Samsung

Responding to the high level of customer demand driven by an ongoing trend of successful offshore discoveries, Ensco plc (NYSE: ESV) has ordered a new advanced-capability, ultra-deepwater drillship to be built at the Samsung Heavy Industries,...

Posted on 4/08/2012 / 0 comments / Read More