TRANSOCEAN SCRAPS 4 MORE FLOATERS

Transocean advised that the ultra-deepwater drillships Deepwater Discovery, Deepwater Frontier, and Deepwater Millennium and the midwater floater Songa Trym are classified as held for sale and will be retired in an environmentally responsible way. The ultra-deepwater drillships Deepwater Frontier, Deepwater Millenium and Deepwater Discovery, capable to drill in water depths up to 10,000 ft were built at Geoje Shipyard by Samsung Heavy Industries and delivered in 1999 and 2000. Deepwater Frontier and Deepwater Discovery and Deepwater Frontier have been stacked since 2015, Deepwater Millenium since 2016. The mid-water semi-submersible Songa Trym, acquired as part of the recent Transocean’s acquisition of rival Songa Offshore. was built by Aker Kvaerner in Verdal, Norway, in 1976. The unit was als0 known as Deepsea Trym, La Muralla, Daysland One and Nortrym. Transocean expects its second quarter 2018 results to include an estimated non-cash charge of approximately $520 million. The company said that it continues to evaluate the long-term competitiveness of its fleet, additional rigs may be identified as candidates for retirement. (Source: Transocean – Image: Songa Trym / Baltic Shipyard)

BRAVE TERN READY FOR LARGEST WIND TURBINES

June 20, 2018

After succesfully getting the crane boom extended by 20m at Damen Shipyard in Amsterdam, Brave Tern is now ready for new projects with a lift height of...

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BORR DRILLING READY FOR THE RECOVERY IN JACKUP MARKET

June 20, 2018

Analysis by Rystad Energy shows that Borr Drilling would emerge with the largest and youngest jack up fleet if rigs over 35 years were retired in the short...

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SKANDI RECIFE COMMENCES 8-YEAR CONTRACT WITH PETROBRAS

June 20, 2018

TechnipFMC and DOF Subsea (DOF) announce that the Skandi Recife, a Brazilian-flagged flexible lay and construction vessel owned by the joint venture formed...

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EQUINOR AWARDS THE LARGEST SERVICES CONTRACTS EVER

June 19, 2018

Equinor is awarding the largest services contracts ever to Baker Hughes Norge, Halliburton AS and Schlumberger Norge AS for integrated drilling and well...

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CGG HELITEM HELICOPTER COMPLETES AEM LOW FREQUECY ACQUISITION

June 19, 2018

CGG Multi-Physics is pleased to announce that its Helitem helicopter time-domain electromagnetic system has successfully acquired high-quality, broad-spectrum...

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ROWAN BOB PALMER JACKUP GOES TO ARO DRILLING

June 19, 2018

Rowan Bob Palmer, a Super Gorilla XL Class jack-up rig, has been leased to ARO Drilling, the Company's joint venture with Saudi Aramco, to fulfill a three-year...

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SENEX AND JAMENA TO FAST TRACK PROJECT ATLAS IN QUEENSLAND

June 19, 2018

Around $140 million will be invested and 200 jobs created following agreements entered into between Senex and Jemena that will fast-track gas from Senex’s...

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SUBSEA 7 AWARDED CONTRACT FOR VITO FIELD DEVELOPMENT

June 18, 2018

Subsea 7 announced the award of a significant contract by Shell as part of the deepwater Vito development, approximately 150 miles south of New Orleans,...

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DLS ARCHER SECURES DRILLING CONTRACT IN VACA MUERTA

June 18, 2018

Archer Limited announces that Pampa Energy S.A. has awarded Archer’s wholly owned subsidiary DLS Archer Ltd. a 3 year contract, commencing August 1st...

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EQUINOR ACQUIRES 25% OF THE RONCADOR FIELD OFFSHORE BRAZIL

June 18, 2018

Equinor and Petrobras have completed their transaction announced in December 2017, whereby Equinor has acquired a 25% non-operated interest in the Roncador...

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WOODSIDE BRINGS WHEATSTONE TRAIN 2 ON STREAM

June 18, 2018

The Wheatstone Project has successfully commenced liquefied natural gas production from Train 2 at its onshore facility near Onslow, Western Australia....

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1953 – AUSTRALIA’S FIRST COMMERCIAL OIL AT ROUGH RANGE

June 17, 2018

Australia's first commercial oil was discovered at Rough Range in Western Australia, in the early 1950's. Reports say that a French world scientific expedition...

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