Seadrill has signed a contract with LLOG Bluewater Holdings, LLC, for employment of the newbuild drillship, 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 revenue for the primary contract term is approximately US$662 million. The […]
April 17, 2013 | Posted in
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GC Rieber Shipping ASA has entered into a charter agreement with Ceona Services (UK) Limited (“Ceona”) for its high capacity subsea newbuild for a fixed period of 5 years, with options for up to five years. The vessel will commence working for Ceona immediately upon delivery from Ulstein Verft in the first quarter of 2014. […]
March 8, 2013 | Posted in
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Vantage Drilling Company (“Vantage”) announced that it has received a conditional letter of award for its newbuild drillship the Tungsten Explorer to work in West Africa. The award is for a period of up to four years commencing in mid 2014. The contract has a minimum duration of two years, while the customer has four […]
January 22, 2013 | Posted in
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Transocean Ltd. today announced that it has been awarded 10-year contracts for four newbuild dynamically positioned ultra-deepwater drillships by Royal Dutch Shell (Shell). Shipyard delivery for the first drillship is scheduled for mid-2015. The remaining three drillships are expected to be delivered from the shipyard at approximately six-month intervals thereafter. After customer acceptance, the contracts […]
September 28, 2012 | Posted in
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Seadrill has received a commitment from a major oil company for new contracts on newbuild drillships West Auriga, West Vela and a third drilling unit currently in operation, which will be named later. The combined 3 rig package involves 19 rig years and a potential contract value of US$4 billion, including mobilization fees for the […]
July 25, 2012 | Posted in
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Following the declaration of an option granted to Subsea 7, Eidesvik has sold 50% of the subsea vessel that is under construction at Ulstein Verft (Hull 295). The vessel will be 106.5 m long and 24.5 m wide with a top speed of over 17 knots. This subsea vessel will be equipped with three ROVs: […]
March 20, 2012 | Posted in
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Helix Energy Solutions Group, Inc. announced that it is proceeding with the construction of a newbuild semisubmersible well intervention vessel. Owen Kratz, Helix’s Chairman and CEO, stated, “We are leveraging our market and technological leadership in subsea well intervention along with the proven success of the Q4000 platform to satisfy an increasing market interest […]
February 16, 2012 | Posted in
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A Norwegian based shipping company chose Ecospeed to give lasting protection to their two newbuild general cargo vessels. The first vessel, m/v Golfstraum, was delivered in November. Her sister vessel m/v Rystraum is planned for a 2012 delivery. Both vessels are of the highest ice class and will be trading in North Europe and the […]
December 5, 2011 | Posted in
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