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Seadrill appoints Per Wullf as new CEO

Per Wullf to succeed Fredrik Halvorsen as Chief Executive Officer. The Board of Seadrill has today announced that Per Wullf will succeed Fredrik Halvorsen as Chief Executive Officer of Seadrill Management Limited. Mr. Halvorsen has decided to leave Seadrill to join Ubon Partners, a technology venture. More: Have you not booked your cheapest Cruise trip […]

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Seadrill secures commitment for West Tellus

Seadrill secures commitment for newbuild ultra-deepwater unit West Tellus Seadrill Limited 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 commences in China immediately upon shipyard delivery and thereafter relocates to Liberia. The agreement is for a period […]

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Odfjell Signs Site Reservation Protocol in Le Havre Port

Odfjell Terminals signs Site Reservation Protocol in Le Havre Port, France Odfjell Terminals Europe and Grand Port Maritime du Havre (GPMH) have today signed a Site Reservation Protocol for a plot of land in the Port of Le Havre to develop a bulk liquid terminal. More: Seadrill Orders Ultra-Deepwater Drillships for Delivery in 2015 The planned […]

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Seadrill Orders Ultra-Deepwater Drillships for Delivery in 2015

Seadrill Limited has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be below US$600 million per unit (including project management, drilling and handling tools, spares, capitalized […]

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Seadrill orders two jack-ups for delivery in 2015-16

Seadrill orders two jack-ups for delivery in 2015-2016 Seadrill Limited has entered into new contracts for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China. The newbuild rigs are scheduled for delivery during the fourth quarter of 2015 and the first quarter of 2016, […]

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Sevan Driller Has Completed Drilling

Sevan Driller has completed drilling on its present location. Upon unlatching the blow-out preventer (“BOP”) a small flow of mud from the well was observed by the remote operating vehicle. The small flow caused by a leak in the casing packoff did not cause any damage to rig personnel, equipment or environment, and the BOP […]

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SeaBird Exploration is awarded work worth 16 million

SeaBird Exploration Plc announced that it has been awarded work for approximately USD 16 million in the South America region with the vessel Osprey Explorer. In addition, the Hawk Explorer has now moved to Uruguay and commenced a 4,000 km survey for Spectrum. This survey will be covered under the current framework agreement. SeaBird will […]

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PROS Announces 2013 First Quarter Results

Prospector Offshore Drilling S.A.  announced its results for the three months ended 31 March 2013. Summary of the 2013 First Quarter Results and Financial Position As of 31 March 2013, the Company had contracts for the construction of a total of six high specification/harsh environment (“HS/HE”), Friede & Goldman JU2000E design, jack-up rigs and options for the […]

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Crowley Enters Liquefied Natural Gas Market

Crowley Maritime Corporation’s petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC. Florida-based Carib Energy, founded in 2011, was the first company to receive a small scale, 25-year, LNG export license from the U.S. Department of Energy (DOE) for LNG transportation from the U.S. into Free Trade Agreement […]

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Seadrill Signs Contract for the Newbuild Drillship West Neptune

Seadrill Secures a three-year Contract for the Ultra-deepwater Newbuild West Neptune Seadrill has signed a contract with LLOG Bluewater Holdings, LLC, for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico. The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates. The potential […]