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News Topics: Equipment

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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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Coastal Contracts Lands $54M Contracts to Build OSVs for Mexican Customers
Tuesday, February 24, 2015 Coastal Contracts secures orders to build two offshore support vessels for customers in Mexico for $54.2 million.

Petra Energy's Unit Secures Contract from Petronas Carigali in Malaysia
Wednesday, February 18, 2015 Petra Energy's subsidiary secures an umbrella contract to provide marine vessels to Petronas Carigali for the latter's operations off Malaysia.

Sevan Marine's Unit KANFA Bags $50M EPC Deal for FPSO Yinson Production
Tuesday, February 17, 2015 Sevan Marine's subsidiary KANFA bags a $50 million engineering, procurement and construction contract for four process modules for FPSO Yinson Production.

Keppel FELS Holds Naming Ceremony for Newbuild Jackup Maersk Integrator
Monday, February 16, 2015 Keppel FELS holds naming ceremony for Maersk Integrator, with the newbuild jackup chartered to Statoil for development drilling in Gina Krog field offshore Norway.

Eni's Goliat FPSO Leaves HHI's Ulsan Yard in South Korea for the North Sea
Monday, February 16, 2015 Eni's Goliat FPSO, the world's cylindrical floating production storage and offloading facility, leaves South Korea's Ulsan yard for the North Sea.

Boskalis Takes Delivery of White Marlin Semisub Heavy Transport Vessel
Thursday, February 12, 2015 Boskalis takes delivery of the White Marlin semisub heavy transport vessel from a yard in Guangzhou, China.

Cosco Shipyard Delivers 2 Platform Supply Vessels
Tuesday, February 10, 2015 Cosco Shipyard completes delivery of two newbuild platform supply vessels.

Otto Marine Secures $64M Contracts for 2 PSVs to Work Offshore Australia
Monday, February 09, 2015 Otto Marine secures long-term charter contracts for two platform service vessels to an oil major in Australia.

ABB Lands $50M Electrical System Supply Contract for Petronasí PFLNG2
Friday, February 06, 2015 ABB lands a $50 million contract from JGC to supply the electrical system for Petronasí PFLNG2.

Wecom Engineering Clinches $5.8M Supply Contract
Thursday, February 05, 2015 Wecom Engineering, a unit of Technics Oil and Gas' associate firm Norr Offshore, clinches a $5.8 million contract from a Singapore customer.

Swire Pacific Offshore Operations Adds Pacific Liberty to its PSV Fleet
Wednesday, February 04, 2015 Swire Pacific Offshore Operations adds Pacific Liberty to its platform supply vessel fleet after naming ceremony at Japan Marine Union Corp.'s Maizuru Shipyard in Japan.

Lamprell Delivers Jackup Jindal Pioneer to Dev Drilling
Wednesday, February 04, 2015 Lamprell delivers newbuild jackup Jindal Pioneer to Indiaís J.P. Jindal Groupís unit Dev Drilling.

Carimin Clinches Contract to Provide AHTS, Workboat to Petronas Carigali
Tuesday, February 03, 2015 Carimin Petroleum clinches a two-year contract to provide an anchor handling tug supply vessel and a workboat to Petronas Carigali.

GE Launches Water-Treatment for Upstream Market
Monday, February 02, 2015 GE announces a new water-treatment technology for the upstream oil and gas market at the GE Oil & Gas Annual Meeting.

Keppel FELS to Deliver Accommodation Semisub Floatel Endurance Soon
Monday, February 02, 2015 Keppel FELS holds naming ceremony for Floatel's newbuild accommodation semisub before it commences work for Chevron in Western Australia.

IEV Secures MGP Supply Deal for Offshore Platforms in India
Monday, February 02, 2015 IEV Holdings secures $1.3 million deal to supply marine growth preventers for offshore platforms to a major oil and gas company in India.

Keppel FELS Delivers Ultra Harsh Environment Jackup to Maersk Drilling
Thursday, January 29, 2015 Maersk Drilling takes delivery of its third ultra harsh environment jackup from Keppel FELS in Singapore.

Helmerich & Payne May Cut 2,000 Jobs As It Idles Rigs
Thursday, January 29, 2015 Helmerich & Payne says it may cut 2,000 jobs as it begins to idle rigs amid a slide in crude oil prices.