Search results for: jack

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A list of search results

  • 26 November 2013
    Business & Finance, Equipment

    China’s TSC Group Holdings, has, through its subsidiary EMER received a contract from Zentech to deliver jacking systems for its new  jack-up rig design: the R-550D The jacking systems will be produced in China under the total control of TSC, reducing overall delivery time. The contract is valued at between USS$14 to 16 million. The R-550D is a […]

  • 15 April 2020
    Equipment

    Mooreast Asia has extended its product range with the new Mooreast MA hydraulic chain jacks. Hydraulic chain jacks (linear jacks) are used to tension chains of floaters. In certain applications a small drum winch is used in combination with a chain jack. The initial hook up of chain at low tensions happens using the faster […]

  • 3 October 2016

    U.S.-based energy giant ExxonMobil on Friday said its vice president and general counsel, Jack Balagia informed the company of his intention to retire on November 1, following over 18 years of service.

  • 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 […]

  • 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

  • 19 September 2016

    The new chief executive of Houston-based LNG export player Cheniere, Jack Fusco on Monday announced his new executive leadership team. Jack Fusco became Cheniere’s CEO in May this year replacing Neal Shear, who served as the company’s interim president and CEO since December 2015, when Cheniere parted ways with Charif Souki. “I am excited to announce Cheniere’s new executive […]

  • 17 November 2014

    Establishing a safe foundation is a vital part of jack-up operations. The jack-up vessel needs to be supported by an absolutely solid foundation during the entire jack-up operation at any given site. As the vessel is jacked up, the weight is carried by the legs and onto the seabed. The seabed must be able to […]

  • 3 June 2013
    Business & Finance

    DBB Jack-Up is expanding their fleet and service offerings to the Offshore Wind Industry. With an office staff growth of 200% and offshore crew increase by 250%, DBB is well prepared for delivery of their next 2 jack-ups. DBB Jack-Up is focusing on the demanding operation and maintenance work, including major component replacements where crane […]

  • 27 May 2011
    Business & Finance

      ALE has recently unveiled its latest groundbreaking innovation – the Mega Jack system. Capable of lifting 50,000te to a height of 25m, the Mega Jack has been developed by ALE to meet the increasing demand in the offshore industry to jack up larger and heavier oil and gas platform modules and other large structures. […]

  • 3 October 2013

    CIMB Research has announced that high utilisation and day rates will continue to boost jack-up rigs orders. Keppel and Sembmarine can snatch up to US$3.6bn worth of contracts in 2014 as PEMEX and Transocean are launching tenders for 10 units of jack-up rigs each, for delivery in 2017-20. Keppel (KEP) may have the upper hand as PEMEX and Transocean […]

  • 20 July 2016

    Jack A. Fusco, CEO of the Houston-based LNG export player Cheniere, bought 37,604 shares of the company’s stock on the open market in a transaction dated July 18.

  • 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 […]

  • 13 January 2017
    Exploration & Production

    The offshore rig market has been flooded with newbuilds over the past 10 years. Now oversupply is killing utilization and dayrates.

  • 30 May 2013

    ALE has successfully completed the jack up of the Arkutun Dagi Topside for Exxon Neftegaz Limited at the shipyard of Daewoo Shipbuilding & Marine Engineering Co. Ltd in Korea. At 42,780te the topside is the heaviest load ever jacked. The piece will eventually be located in the Arkutun Dagi field off the east coast of […]

  • 26 February 2019

    Ulstein has launched the X-Jack series of heavy lift jack-up offshore wind installation vessel designs. The three jack-up designs, J101, J102, and J103, are 80 metres, 145 metres, and 164 metres long, respectively. The smaller J101 is tailored for maintenance and exchange of wind turbines. The J102 jack up can transport and install up to […]

  • 7 June 2016

    Houston-based LNG player, Cheniere Energy on Monday informed it has named the company’s new president and CEO Jack A. Fusco as a member of the board.

  • 21 October 2016

    Jack A. Fusco, CEO of the Houston-based LNG export player Cheniere, bought 37,007 shares of the company’s stock on the open market in a transaction dated October 17.

  • 28 August 2012

    With the purchase of a brand new vessel and a contract for an additional new jack-up ship, the Aarhus-based company DBB Jack-Up Services is cornering the market of specialised service for the offshore wind turbine industry. Both new vessels are considerably more technically advanced than other vessels in the market and moreover, the two new […]

  • 2 May 2016
    Business & Finance, Operations & Maintenance, Technology

    The Damen Shipyards Group and GustoMSC have started collaborating in order to produce a range of self-propelled and non-self-propelled jack-up platforms for the offshore industries – the DG JACK range. The collaboration, announced at this year’s OTC in Houston, will be based on GustoMSC’s track record in the design of jack-ups and provision of jacking systems, combined with […]

  • 3 June 2013
    Business & Finance, Operations & Maintenance

    DBB Jack-Up is expanding their fleet and service offerings to the Offshore Wind Industry. With an office staff growth of 200% and offshore crew increase by 250%, DBB is well prepared for delivery of their next 2 jack-ups. DBB Jack-Up is focusing on the demanding operation and maintenance work, including major component replacements where crane […]