Search results for: Deepwater Pontus

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  • 11 July 2017
    Exploration & Production

    South Korea’s Daewoo Shipbuilding & Marine Engineering has reportedly delivered a newbuild drillship to Transocean, world’s largest offshore drilling contractor. South Korean news websites Yonhap and Pulse have both informed of the delivery citing a statement by DSME. Offshore Energy Today has reached out to Daewoo, seeking confirmation of the delivery. We will update the […]

  • 27 October 2017
    Business & Finance, Exploration & Production

    Transocean-owned newbuild ultra-deepwater drillship Deepwater Pontus has started operations for Shell in the U.S. Gulf of Mexico.  Transocean said in its fleet status report on Thursday that the Deepwater Pontus drillship began its ten-year contract with Shell in late October. The drillship is operating under a $519,000 dayrate and the contract end date is set for […]

  • 26 October 2015
    Business & Finance, Exploration & Production

    Transocean, an offshore drilling contractor, has agreed with Shell and Daewoo Shipbuilding & Marine Engineering Co. (DSME) to delay the operating and delivery contracts of two newbuild drillships. The Deepwater Pontus and the Deepwater Poseidon ultra-deepwater drillships will be delayed by 12 months each. According to Transocean, the delay has no impact on the duration or dayrate […]

  • 26 October 2015
    Business & Finance

    Owner and operator of mobile offshore drilling units Transocean Ltd. has reached a deal with Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) to delay delivery of two newbuild ultra-deepwater drillships – the Deepwater Pontus and the Deepwater Poseidon – by 12 months each. The company said that it has also reached a deal with its customer, […]

  • 26 October 2015
    Business & Finance

    Owner and operator of mobile offshore drilling units Transocean Ltd. has reached a deal with Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) to delay delivery of two newbuild ultra-deepwater drillships – the Deepwater Pontus and the Deepwater Poseidon – by 12 months each. The company said that it has also reached a deal with its customer, […]

  • 27 October 2015
    Business & Finance, Exploration & Production

    Transocean, an offshore drilling contractor, has stacked several of its drilling rigs and has received a contract award for one of its jack-up rigs in the United Arab Emirates.  According to Transocean’s October fleet status report, the company’s high-spec jack-up drilling rig, GSF Constellation I, has been awarded a one well contract offshore UAE at a […]

  • 29 October 2015
    Business & Finance, Exploration & Production

    Pacific Drilling, an offshore drilling contractor, has cancelled the construction contract for ultra-deepwater drillship Pacific Zonda with the South Korean shipyard, Samsung Heavy Industries (SHI). According to the offshore driller, the contract was cancelled due to the failure of the South Korean shipyard to timely deliver a vessel that substantially meets the criteria required for completion […]

  • 14 January 2016
    Exploration & Production

    One of South Korea’s major drilling rig builders Daewoo Shipbuilding & Marine Engineering Co, has informed that it has agreed to delay a delivery of two drillships at the request of a client. Drilling companies have been negatively impacted by low oil prices, cuts in spending by their clients – the oil companies- and the fact […]

  • 23 January 2019
    Exploration & Production

    Transocean said it would use the net proceeds “to partially finance the construction or acquisition of the Deepwater Poseidon [drillship] .”

  • 20 April 2016
    Exploration & Production

    A newbuild ultra-deepwater drillship owned by the offshore drilling contractor Transocean has arrived to a Gulf of Mexico location where it will operate for the oil giant Shell. In an e-mail to Offshore Energy Today, Shell’s spokesperson confirmed that the Transocean Deepwater Proteus arrived to the Gulf of Mexico and it will start working “in […]

  • 24 July 2018
    Business & Finance, Exploration & Production

    In the last three months since its previous fleet status report, offshore driller Transocean has landed new contracts and extensions but has also seen dayrates cut for several of its drillships while four floaters have been retired. 

  • 27 July 2012

    Chevron reported earnings of $7.2 billion for the second quarter 2012, compared with $7.7 billion in the 2011 second quarter. Sales and other operating revenues in the second quarter 2012 were $60 billion, compared to $67 billion in the year-ago period. “Our second quarter earnings and cash flow were among our strongest ever, even with […]

  • 27 July 2012
    Business & Finance

    Chevron Corporation today reported earnings of $7.2 billion ($3.66 per share – diluted) for the second quarter 2012, compared with $7.7 billion ($3.85 per share – diluted) in the 2011 second quarter. Sales and other operating revenues in the second quarter 2012 were $60 billion, compared to $67 billion in the year-ago period. “Our second […]

  • 27 July 2012
    Business & Finance

    Chevron Corporation reported earnings of $7.2 billion ($3.66 per share – diluted) for the second quarter 2012, compared with $7.7 billion ($3.85 per share – diluted) in the 2011 second quarter. Sales and other operating revenues in the second quarter 2012 were $60 billion, compared to $67 billion in the year-ago period. “Our second quarter […]

  • 14 September 2012
    Business & Finance

    Portus Services LLC, a private stevedore and terminal operator based in Jacksonville, FL, is expanding to Port Everglades in Fort Lauderdale/Hollywood, FL, and investing more than $1 million in new technology and state-of-the-art cargo handling equipment. Portus recently acquired St. Johns Shipping, a longtime cargo operator at Port Everglades with a diverse customer mix including […]

  • 23 July 2012
    Business & Finance

    Chevron Corporation announced a natural gas discovery by its Australian subsidiary in the Greater Gorgon Area of the Carnarvon Basin, offshore Western Australia. The Pontus-1 exploration well encountered approximately 97 feet (30 metres) of net gas pay. The well is located in the WA-37-L permit area in the Greater Gorgon Area gas fields, approximately 40 […]

  • 23 July 2012

      Chevron today announced a natural gas discovery by its Australian subsidiary in the Greater Gorgon Area of the Carnarvon Basin, offshore Western Australia. The Pontus-1 exploration well encountered approximately 97 feet (30 metres) of net gas pay. The well is located in the WA-37-L permit area in the Greater Gorgon Area gas fields, approximately […]

  • 23 July 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Chevron Corporation today announced a natural gas discovery by its Australian subsidiary in the Greater Gorgon Area of the Carnarvon Basin, offshore Western Australia. The Pontus-1 exploration well encountered approximately 97 feet (30 metres) of net gas pay. The well is located in the WA-37-L permit area in the Greater Gorgon Area gas fields, approximately […]

  • 8 January 2015

    Sugato Roy, Head of Fleet Supervision, will leave BW LPG effective 20 January 2015, the company said in a statement on Wednesday. BW LPG, operator of 36 gas carriers, also informed that Pontus Berg will succeed Roy in that role, which has been re-designated as Senior Vice President, Shipowner’s Representative. Berg will join the company […]

  • 29 August 2018
    Business & Finance

    The Swedish Port of Norrkoping said in its latest release that the Environmental Court has given its necessary approval for the port expansion program, aimed to boost the region’s business and improve the possibilities for efficient and sustainable transport. The project now enters next phase, with the aim of beginning dredging work in 2019, the port […]

  • 11 December 2018
    Business & Finance

    BW LPG revealed that the crew of its LPG carrier BW Frigg thwarted a pirate attack on October 29.

  • 17 June 2015
    Business & Finance

    Stevedores at Jaxport’s Blount Island Marine Terminal this week unloaded the first shipment of brand new 53-foot Wide-Top Pick (WTP) cargo containers for use on TOTE, Inc.’s new Marlin Class ships, the world’s first liquefied natural gas (LNG)-powered container ships. TOTE is the parent company of Jacksonville-based Sea Star Line, a Jaxport tenant for more […]