Search results for: Coastal Driller 4001

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A list of search results

  • 13 August 2014

    Chinese offshore rigs builder CIMC Raffles has delivered the Coastal Driller 4001 jack-up drilling rig to Coastal Contracts Bhd. The delivery marks the ninth rig built and delivered from the company’s yard in Yantai. Coastal Driller 4001 rig is 70.36 meters long, 76 meters wide and 9.45 meters high, with leg length of 167 meters, […]

  • 26 September 2014
    Business & Finance

    Malaysia’s Coastal Contracts Bhd has secured contracts for the sales of seven Offshore Support Vessels for approximately RM444 million ($136.4 million). Clinching of these new contracts has further strengthened the Group’s already sizeable order book to RM2.6 billion. Of this, the vessels sales order book constituted RM1.4 billion. The balance order book comprised RM1.2 billion […]

  • 8 November 2017
    Business & Finance, Exploration & Production

    Vantage Drilling has been awarded an extension of its drilling services contract for the Emerald Driller jack-up drilling rig. 

  • 13 October 2015
    Exploration & Production

    Coastal Contracts, a Malaysian provider of offshore services, has informed that its subsidiary Thaumas Marine has filed a notice of arbitration against CIMC Raffles Offshore, and Dynamic Driller, seeking $5.65 million in damages. According to Coastal Contracts, the reasons for the move lie in the fact that CIMC Raffles and Dynamic driller failed to deliver a […]

  • 1 March 2007

    A council has set aside £400,000 for repairs to Llanelli’s Millennium Coastal Park after a 400m section was washed into the sea.

  • 31 March 2017
    Business & Finance

    Following its Chapter 15 filing amid a prolonged downturn in the offshore drilling market, deepwater drilling contractor Ocean Rig is now facing delisting from Nasdaq stock exchange.  The company has been notified by Nasdaq that, because the company filed for protection under Chapter 15 of the U.S. Bankruptcy Code on March 27, 2017, Nasdaq intends […]

  • 22 January 2013
    Business & Finance

    From 4 – 7 December 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of Stena Drilling AS (Stena) and the company’s activities with Stena Don on the Troll field. The objective of the audit was to verify that Stena ensures compliance with HSE requirements during activities with Stena Don. Nonconformities were identified […]

  • 19 September 2016
    Exploration & Production

    Diamond Offshore, a U.S. based offshore drilling contractor has reportedly taken legal action against Petrobras for the recent rig contract termination. To remind, Offshore Energy Today has earlier reported that Petrobras had on August 30, terminated the contract for Diamond Offshore’s Ocean Valor semi-submersible drilling rig. At the time, Diamond Offshore said Petrobras didn’t have a […]

  • 25 April 2005

    As Congress moves toward opening protected Alaskan wilderness to petroleum drilling, energy company activity is picking up in California’s coastal waters, where new exploration has been blocked for more than two decades. Drillers are reworking wells and considering reviving old platforms in places where exploration is allowed. They’re attempting to extend the life of leases […]

  • 29 September 2015
    Business & Finance, Equipment

    RigNet, Inc., a provider of managed remote communications solutions, telecoms systems integration services and collaborative applications to the oil and gas industry, has been awarded a multi-million dollar contract upgrade and extension to provide standardized remote offshore communications solutions across 26 jack-up and floating rigs in a European-based offshore driller’s fleet.  According to RigNet, the […]

  • 1 March 2018
    Business & Finance, Project & Tenders

    The Eastern Solent Coastal Partnership (ESCP) yesterday released the latest update on the coastal defense improvements at Tipner Lake. According to ESCP, the project is now in its 44th week and to date the partnership has built more than 400m of new concrete wall. “As we approach the warmer months the site boundary will extend to […]

  • 24 February 2016
    Exploration & Production

    Offshore drilling contractor Transocean has received a notice of early termination for one of its semi-submersible drilling rigs from ExxonMobil. The contract for Transocean’s ultra-deepwater drilling rig, GSF Development Driller I, was cancelled by ExxonMobil’s subsidiary in Angola, Esso Exploration Angola (Block 15). GSF Development Driller I was built by Singapore’s Jurong Shipyard in 2005. The […]

  • 29 March 2017
    Exploration & Production

    Following a bankruptcy protection filing by the offshore driller Ocean Rig, VesselsValue (VV) has provided its valuation of the driller’s rig fleet. According to VV, the driller’s fleet value took a massive hit the last twelve months, dropping some 40 percent. In order to deal with insolvency cases involving debtors, assets, claimants, and other parties of […]

  • 15 December 2016
    Business & Finance

    Federal flood control projects and navigation improvements in Mississippi will be funded by the State, according to U.S. Senator Thad Cochran. Senator Cochran yesterday reported that more than $400 million in disaster relief has been approved by Congress to address flood damage that occurred in the Lower Mississippi River Valley in the winter and spring of […]

  • 7 November 2017
    Business & Finance, Exploration & Production

    Vantage Drilling recorded an increase in its third quarter 2017 revenues while its net loss was almost the same as the one reported in the prior-year period.

  • 8 June 2009

    Huisman’s newly developed containerised drilling rig, the LOC 400, operated by the Northern Dutch Drilling Company (NDDC) for Northern Petroleum Netherlands (NPN), successfully completed its first well in Werkendam, The Netherlands. The recently delivered unit managed to drill the entire well (TD = 2,650m (8,694ft) from spud to rig release in a period of 6 […]

  • 2 November 2018
    Business & Finance, Exploration & Production

    Offshore driller Vantage Drilling has reduced its quarterly net loss on the back of higher revenues as its rig utilization went up compared to the prior-year period.  Vantage Drilling on Friday reported a net loss of approximately $26.1 million for the three months ended September 30, 2018 as compared to a net loss of $40.1 […]

  • 20 September 2018
    Business & Finance

    The acquisition includes a 23.1% interest in the Western Isles Development Project, a 25.8% interest in the Hudson field, a 2.0% interest in the Brent Pipeline System, and a 1.2% interest in the Sullom Voe oil terminal.

  • 15 August 2016
    Exploration & Production

    Brazil’s struggling offshore drilling company Sete Brasil has reportedly filed a draft reorganization plan for the company. The drilling company was formed in 2010 to own and operate a large fleet of drilling rigs, to be used by the Brazilian oil giant Petrobras. This was supposed to be a 28-rigs, $90 billion in revenues project. […]

  • 15 August 2017
    Business & Finance

    Cash-strapped offshore driller Seadrill has amended the term credit facility provided to its subsidiary Seadrill Eminence Ltd. to mature on September 14, 2017, thus getting more time for restructuring plan talks with its banks.  The driller, which has been in talks with creditors for months, said on Tuesday that the amendment was implemented by way […]

  • 10 August 2018
    Business & Finance, Project & Tenders

    Construction work on Phase 3 of the North Portsea Island Coastal Flood Defense Scheme is now in its 68th week, reports the Eastern Solent Coastal Partnership. Phase 3 – the Tipner Lake: is the construction of 1.9km of a seawall which commenced April 2017 and is programmed for completion by the end of Autumn 2019; According to ESCP, as works […]

  • 25 April 2018
    Business & Finance, Exploration & Production

    Offshore driller Stena Drilling has signed a contract with Total E&P UK for its Stena Don drilling rig.