Search results for: jack-up

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A list of search results

  • 31 August 2015
    Business & Finance

    The Guarantor DBB Jack-Up Services A/S has obtained subordinated loans of DKK 25.0m and increased its overdraft credit facility by DKK 20.0m. Also, in agreement with existing financiers, the company has postponed instalments on loans by another DKK 9.2m. According to the company the demand for offshore major component replacements is expected to increase strongly […]

  • 16 November 2017
    Business & Finance, Exploration & Production

    Offshore driller ADES has secured a drilling contract for its Admarine III jack-up rig in Egypt. The contract is with Egypt’s General Petroleum Company, and is for two years. GPC will have an option to extend for two more years. Dr. Mohamed Farouk, Chief Executive Officer of ADES International Holding, said: “Admarine III’s original contract with […]

  • 31 August 2015
    Business & Finance

    The Guarantor DBB Jack-Up Services A/S has obtained subordinated loans of DKK 25.0m and increased its overdraft credit facility by DKK 20.0m. Also, in agreement with existing financiers, the company has postponed instalments on loans by another DKK 9.2m. According to the company the demand for offshore major component replacements is expected to increase strongly […]

  • 26 November 2015
    Equipment, Exploration & Production

    DNV GL, one of the world’s largest classification societies and advisory body for the offshore oil and gas industry, will launch a joint industry project (JIP) for jack-up industry players. Providing the reasons behind the JIP , DNV GL, pointed to the fact that a lack of properly assessed and defined wear limits for jacking […]

  • 14 November 2017

    OOS Energy has unveiled a new vessel design that will serve the offshore wind sector, in addition to oil & gas. The company will build two units of the vessel and is now in final talks with shipyards for the construction with an expected delivery in 2020/ 2021.

  • 14 May 2018
    Exploration & Production

    Where next for jack-up rates?

  • 23 April 2015
    Business & Finance, Exploration & Production

    Rowan Companies, a Houston-based drilling contractor, has seen several revised operating rates for their rigs contracted by Saudi Aramco.  According to its latest fleet status report, five of its jack-up rigs under contract with Saudi Aramco in Saudi Arabia, are under revised operating rates beginning March 1, 2015. Namely, the operating rate for Hank Boswell high […]

  • 23 October 2015

    TOPBOND has announced the arrival of its new jack-up barge called TOPJACK. TOPJACK is has a 250t lift capacity and a modular construction, thus it can be transported by road or sea. It has 36m legs and is able to operate in water depths of up to 25m. Being 24.4m long and 17.08m wide, it offers a large deck capacity […]

  • 28 April 2015
    Business & Finance, Exploration & Production

    National Drilling Company (NDC), Abu Dhabi, has exercised one of its existing options and awarded a contract to Lamprell for the construction and delivery of a high specification jack-up drilling rig. Lamprell has previously been awarded contracts by NDC for a series of eight rigs and this ninth rig will be of the same design. […]

  • 7 June 2016

    Iran has reportedly been involved in talks with South Korean shipyards over a possible offshore drilling rig order. According to the Wall Street Journal, Iranian Offshore Oil Co. (IOOC) is in discussions with Daewoo Shipbuilding & Marine Engineering to buy five or more jack-up drilling rigs. The newspaper has cited an unnamed source who claims […]

  • 22 March 2016
    Exploration & Production

    GustoMSC, a Dutch designer of offshore drilling rigs has revealed a new jack-up rig design, the NG 3500X. According to the company, the rig is based on the “proven and seasoned” NG-2500X and NG-1800X designs, and comes in 2 distinct versions for accommodation & services and well intervention.

  • 1 December 2015
    Equipment, Exploration & Production

    DNV GL, one of the world’s largest classification societies, has given an approval in principle to Dalian Shipbuilding Industry Co. Ltd (DSIC) for their new DSJ-500 jack-up design for drilling in depths of up to 500 feet. The approval in principle certificate was today handed over to Liu Wenmin, DSIC Deputy Technical Director, by Tor […]

  • 19 August 2016
    Exploration & Production

    Danish Port of Esbjerg has posted a photo on social media showing several offshore jack-up drilling rigs lined up in the port. The photo, posted on Thursday, shows the jack-up installation vessel Pacific Osprey (far left) about to call the Port of Esbjerg after a job in the North Sea. The Pacific Osprey arrived at the […]

  • 24 August 2015

    DBB Jack-Up has appointed a new Chief Commercial Officer who will join the company from 1st October 2015. Ole Jacob Wang Nielsen has decided to pursue new ventures and will start his own consultancy company as of 1st September 2015. His first task will be to support the development of the Boom Lock system for […]

  • 29 April 2015

    U.S. offshore drilling contractor Hercules Offshore has reported a net loss of $57 million for the first quarter 2015, compared to net income of $19.9 million realized in the corresponding quarter of 2014. Revenue fell to $122.6 million versus $257.7 million a year ago. These are challenging times for offshore drillers as the oil prices […]

  • 29 July 2010

    A self-contained combination drilling rig and floating barge, fitted with long support legs that can be raised or lowered independently of each other. The jackup, as it is known informally, is towed onto location with its legs up and the barge section floating on the water. Upon arrival at the drilling location, the legs are […]

  • 29 July 2010

    The jack up rig PV Drilling II at Vung Tau anchorage – April 29th, 2010

  • 20 June 2019
    Exploration & Production

    Singapore’s KS Energy, via subsidiary KS Drilling, has reached an agreement with ZPMC to cancel a jack-up rig construction order signed in 2014.

  • 13 August 2015
    Business & Finance

    SpeedCast International Limited, a global telecommunications service provider, has been awarded a multi-year communications contract from Abu Dhabi’s Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors. According to SpeedCast, the new dual-beam Ku-band satellite service will provide broadband connectivity for GMS’ office applications and […]

  • 15 October 2015
    Business & Finance

    Rowan Companies, a Houston-based offshore driller, has won a contract for its Rowan Gorilla IV jack-up rig from Arena Energy. In its fleet status update on Wednesday, Rowan said the new 300-day contract would start in direct continuation of the prior contract. The rig is currently employed by Energy XII. The new contract is expected […]

  • 10 December 2015

    Danish-based O&M jack-up services provider, DBB Jack-Up Services A/S, moved from Aarhus to Bygholm Søpark in Horsens on 1 December, Danish media reports. Previously located at Aarhus Harbour, the company decided to move due to lack of space. “We had simply outgrown our previous frames in the industrial port of Aarhus and could not expand there,” said Bent Jensen, […]

  • 12 October 2015

    GeoSea (DEME Group) has completed trials of a jack-up vessel in extreme current flows. The results of the trials confute industry reluctance to deploy jack-up vessels on tidal sites, GeoSea said. The demonstrated workability and reliability create confidence for tidal project developers and open the market for all types of tidal energy applications. GeoSea has […]