Valaris receives payment from SHI
Valaris, which is headquartered in London, the UK, has recently announced that the offshore drilling rig operator received $200m cash payment from Samsung Heavy Industries (SHI). SHI delivered a new drillship (DS-5) in 2011, which it won...
SHI pays compensation to Valaris
Valaris plc (“Valaris” or the “Company”) has recently announced that it received a $200 million cash payment upon the conclusion of previously disclosed arbitration proceedings, and provided an update on contracting for its rig fleet an...
Saipem nets two contracts
Saipem announced on December 27 that it has been awarded new contracts and extensions on existing contracts in Onshore Drilling and Offshore Drilling for an overall amount of approximately 1.7 billion USD. The contracts related to the Onshor...
MHI Vestas installs 1st wind turbine at Northwester 2
The first turbine has been installed at Northwester 2 in Belgium, the world’s first offshore wind park to feature the record-breaking V164-9.5 MW turbine. The 219 MW project, Northwester 2, is the first offshore wind park in the world to dep...
Siem inks contract for AHTS trio
Siem Offshore has recently announced that it entered into a contract with a large oil and natural gas, exploration and production company in Australia for three AHTS vessels (Anchor Handling Tug Supply Vessels) to support their upcoming dri...
Sembmarine scores 2 offshore platform deals
Sembcorp Marine Offshore Platforms Pte. Ltd. has clinched two offshore platform contracts worth over S$550 million that support redevelopment efforts at the Al Shaheen and Tyra fields, located respectively in Qatari waters and the Danish North Se...
Aibel completes 1st deck of Johan Sverdrup P2
It has been a hectic autumn for Aibel Thailand which is building the Main Support Frame (MSF) module for Johan Sverdrup’s P2 process platform. Throughout the autumn, some 2,100 workers have been busy at the company’s yard in Laem Chabang. ...
Boskalis scores sizeable FSRU deal
Royal Boskalis Westminster N.V. (Boskalis) announced on December 23 that it has been awarded a sizable (with a value of EUR 50 – EUR 150 million) contract to connect an offshore Floating Storage and Regasification Unit (FSRU) to an onshore powe...
Vår Energi-Seadrill ink rig contract
Vår Energi AS awards rig contract to Seadrill Norway Operations AS, a Seadrill Ltd subsidiary, and secures the West Phoenix drilling rig for work on the Balder Future re-development project in the North Sea. West Phoenix is selected to dri...
Subsea 7 wins deal for US GoM offshore project
Subsea 7 has recently announced the award of a sizeable contract by Chevron U.S.A Inc. for the subsea installation services at the St. Malo field, located in the Walker Ridge area of the Gulf of Mexico. The St. Malo field is approximately 250 mil...
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