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News Topics: Equipment

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Baker Hughes: US Oil Rig Count Decline Quickened This Week
Friday, April 24, 2015 The fall in US rigs drilling for oil quickened a bit this week suggesting a recent slowdown in the drilling decline was temporary.

Cosco Dalian Bags MODEC's $95M FPSO Conversion Contract
Thursday, April 23, 2015 China's Cosco Dalian bags MODEC's $95 million floating production, storage and offloading conversion contract.

Sembawang Shipyard Bags Teekay's $41M Gina Krog FSO Conversion Project
Wednesday, April 22, 2015 Sembcorp Marine's unit Sembawang Shipyard bags a $41.4 million floating storage and offloading conversion contract from Teekay for the Gina Krog field in the North Sea.

IHS CERAWeek: Bucking Downturn, Pioneer Sees Adding Rigs Soon
Tuesday, April 21, 2015 Pioneer Natural Resources will start adding drilling rigs in June so long as market conditions are favorable, the company's CEO says.

MODEC Secures Japanese Partners in Petrobras FPSO Project
Tuesday, April 14, 2015 Three Japanese partners join MODEC to provide a floating production, storage and offloading vessel to Petrobras for the Tartaruga Verde and Tartar Mestica oil fields offshore Brazil.

US Oil Rig Slide Picks Up Again After False Bottom
Friday, April 10, 2015 The fall in US rigs drilling for oil quickened this week, data shows, suggesting that a recent slowdown was temporary.

Drydocks World Completes Refurbishment of the Beynouna Jackup for NDC
Friday, April 10, 2015 Drydocks World completes a refurbishment project of the Beynouna jackup for National Drilling Company.

Conoco CEO Sees Ramping Up Rigs When Oil Price Recovers
Wednesday, April 08, 2015 ConocoPhillips plans to add drilling rigs in 2017 in key US shale acreage based on its expectations for a crude price recovery, Ryan Lance says.

Centrica: Gas Outage at Britain's Barrow Terminal Resolved
Wednesday, April 08, 2015 Gas flows into the UK's Barrow terminal resume after falling close to zero.

Gas Imports into Britain's North Morecambe Sub-Terminal Shut
Tuesday, April 07, 2015 Gas deliveries into the UK's North Morecambe sub-terminal are shut due to an unexpected outage.

Hercules Inks 5-Year Contract with Eni in W. Africa
Friday, April 03, 2015 Hercules Offshore signs a 5-year contract with a subsidiary of Eni for use of the Hercules 260 in West Africa.

Baker Hughes: US Oil Rig Weekly Decline Smallest Since December
Thursday, April 02, 2015 The number of rigs drilling for oil in the US declined by 11 this week to 802, the smallest decline since December, Baker Hughes says.

Scana to Supply Mooring Equipment for FPSO in Ghana's OCTP Project
Tuesday, March 31, 2015 Scana Offshore Vestby lands contract to supply mooring equipment to Yinson Production for the floating production, storage and offloading facility for Ghana's Offshore Cape Three Points project.

Keppel FELS Delivers Newbuild Jackup Kukulkan to Pemex
Tuesday, March 31, 2015 Keppel FELS delivers newbuild jackup Kukulkan to Petroleos Mexicanos.

Jurong Shipyard Pens LOI with Heerema for New Semisub Crane Vessel
Tuesday, March 31, 2015 Jurong Shipyard pens letter of intent for the engineering and construction of a new semisub crane vessel for Heerema Offshore Services.

BP Terminates Gulf Of Mexico Rig Contracts As Low Oil Prices Bite
Tuesday, March 31, 2015 BP terminates contracts for two deepwater oil drilling rigs in the Gulf of Mexico as the company cuts its exploration budget due to fallen oil prices.

Advanced Drillships Become Burden For Owners As Business Dries Up
Friday, March 27, 2015 Drillship operators face a more brutal hit to margins than they did in 2008 because of the huge cost of maintaining the more than $10B worth of state-of-the-art vessels, analysts say.

Baker Hughes: US Oil Rig Decline Smallest Since December
Friday, March 27, 2015 The number of rigs drilling for oil in the US declined by 12 this week to 813, the smallest decline since December, according to Baker Hughes.

Yokogawa to Supply Control & Safety System for Petronas' PFLNG2 Facility
Thursday, March 26, 2015 Yokogawa wins contract to supply a control and safety system for Petronas' floating liquefied natural gas facility (PFLNG2) now under construction in South Korea.

North Dakota Oil Rig Count Drops Below 100
Wednesday, March 25, 2015 The number of drill rigs in western North Dakota's oil patch slips below 100 for the first time in 5 years.

Delivery of Songa Equinox Semisub Delayed by Remedial Work at DSME's Yard
Wednesday, March 25, 2015 Delivery of Songa Equinox semisub delayed by four weeks as it undergoes remedial work at Daewoo Shipbuilding & Marine Engineering's yard in South Korea.

Alam Maritim's JV Deepsea to Acquire OSV 'OLV Venture 1' for $60M
Wednesday, March 25, 2015 Alam Maritim's joint venture company Deepsea Leader Venture inks agreement to acquire offshore support vessel 'OLV Venture 1' for $60 million.

Rosneft Cancels Rig Contract With North Atlantic Drilling
Wednesday, March 25, 2015 Rosneft cancels a contract for a two-and-a-half year rig contract with Northern Offshore and Seadrill's North Atlantic Drilling Ltd.

MacGregor to Supply Deck Equipment for Chinese Shipbuilder Wuhu Xinlian
Tuesday, March 24, 2015 MacGregor to supply complete deck equipment packages for two anchor, handling, supply and oil recovery vessels to Chinese shipbuilder Wuhu Xinlian.

Oceaneering, GE Oil & Gas Bag Subsea Contract for Ghana's OCTP Project
Tuesday, March 24, 2015 The Oceaneering-GE Oil & Gas consortium secures a subsea equipment contract for the Offshore Cape Three Point Project offshore Ghana, West Africa.

Baker Hughes: US Oil Rig Count Falls To Lowest Since March 2011
Friday, March 20, 2015 The number of rigs drilling for oil in the US continue to decline this week, falling 41 to 825, the lowest rig count in four years, Baker Hughes says.

Saudi Looking Beyond Oil Price Slump As Rig Count Spikes
Friday, March 20, 2015 As the global energy industry stares transfixed at a spectacular drop in US rigs, Saudi Arabia is ramping up the number of machines drilling for oil and gas despite a sharp fall in the price of crude.

Matrix C&E Clinches $32.2M Drilling Riser Buoyancy Contracts
Tuesday, March 17, 2015 Matrix Composites and Engineering clinches $32.2 million contracts for the supply of drilling riser buoyancy.

Rig Trends: Floating Rig Market Facing High 2015 Contract Rollovers
Tuesday, March 17, 2015 The challenge for floating rig owners in 2015 will be trying to keep all the rigs coming off contract working, but the likely decline in operator drilling plans will make it nearly impossible.

Atwood Osprey Semisub Temporarily Out of Service for Repairs
Tuesday, March 17, 2015 Atwood Osprey semisub temporarily put out of service as repairs are needed after drifting from its drilling location off the north west coast of Australia during Cyclone Olwyn.

ABB Wins NOK 1.1B Statoil Power Contract
Monday, March 16, 2015 ABB wins a $134-million contract from Norway's Statoil to supply power kit to the giant Johan Sverdrup oilfield in the North Sea.

Nam Cheong Sells Accommodation Work Vessel, AHTS Vessel for $58M
Wednesday, March 11, 2015 Nam Cheong sells an accommodation work vessel to Marco Polo Marine and an anchor handling tug supply vessel to Topaz Energy and Marine for a total of $58 million.

Triyards Lands $100M Deals to Build 2 MPSVs and a Turret Mooring System
Tuesday, March 10, 2015 Triyards lands $100 million contracts to build two multi-purpose support vessels and a turret mooring system.

Baker Hughes: US Oil Rig Count Hits Lowest Since April 2011
Friday, March 06, 2015 The number of US drilling rigs in use fell sharply in the week, almost doubling the cuts of the past two weeks and hitting the lowest since April 2011, a survey shows.

Vietnam's PV Drilling Shelves Fleet Expansion, Waits on Market Recovery
Friday, March 06, 2015 PV Drilling is putting fleet expansion on hold as operating dayrates soften on lower offshore drilling activity.

Alam Maritim Bags Marine Vessels Contract from Petronas Carigali
Friday, March 06, 2015 Alam Maritim receives a two year contract from Petronas Carigali to provide spot charter marine vessels in Malaysia.

Greatship's Unit Takes Delivery of Jackup Greatship Chaaru from Lamprell
Thursday, March 05, 2015 Greatship Global Energy takes delivery of the jackup Greatdrill Chaaru from Lamprell in the United Arab Emirates.

McDermott Bags Subsea Fabrication Contract for Indonesia's Jangkrik Project
Wednesday, March 04, 2015 McDermott lands subsea fabrication contract from FMC Technologies for the Eni-operated Jangkrik fields located off Kalimantan, Indonesia.

Emas Offshore Extends Charters with Perisai's Subsidiary for 3 OSVs
Tuesday, March 03, 2015 Perisai Petroleum's subsidiary secures a two year extension to the bareboat charters from Emas Offshore for three of its offshore support vessels.

McDermott Wins EPCI Contract for Marjan Power Supply System
Monday, March 02, 2015 McDermott Middle East will conduct initial work for a significant power supply system replacement contract for Saudi Aramco's Marjan field.

Qatar Petroleum Awards McDermott North Field Alpha Contract
Monday, March 02, 2015 McDermott International is awarded a large project for a new jacket, temporary deck and replacement umbilical by Qatar Petroleum for the North Field Alpha gas development, offshore Qatar.

Keppel FELS on Track to Deliver its 100th Newbuild Jackup to PV Drilling
Monday, March 02, 2015 Keppel FELS is on track to deliver its 100th newbuild jackup PV Drilling VI to Vietnam's PV Drilling.

HHI's HLV HD-10000 Joins Fleet, Cost Savings of $22M a Year Seen
Friday, February 27, 2015 Hyundai Heavy Industries' heavy lift vessel Hyundai-10000 (HD-10000) will join its fleet in March, with the newbuild likely to provide cost savings of $21.9 million annually for the firm.

Icon Offshore Gets Petronas Carigali's LOA to Provide OSVs on Spot Charters
Thursday, February 26, 2015 Icon Offshore receives a letter of award from Petronas Carigali for the provision of offshore support vessels in Malaysia on a spot basis.

Alam Maritim to Supply Accommodation Work Barge for Tapis EOR Project
Wednesday, February 25, 2015 Alam Maritim lands deal to provide an accommodation work barge to ExxonMobil for the Tapis enhanced oil recovery project off Peninsula Malaysia.