Top News of The Week October 14 – 19, 2013

Ampelmann Makes a Bang at Offshore Energy 2013

Ampelmann has literally made a bang at the Offshore Energy 2013 Exhibition & Conference.

The Dutch specialist in offshore crew and cargo transfer systems attracted attention of many when a band of four, wearing uniforms and helmets with an Amplemann logo, followed by two clowns on stilts, marched into the Hall 11 of the event, drumming their way to the company’s booth.

COSCO’s DP3 Deepwater Drillship Contract Terminated

The Board of Directors of COSCO Corporation (Singapore) Limited refers to its announcement on 22 July 2010 in relation to the turn-key EPC (Engineering, Procurement and Construction) contract worth more than US$500 million secured by the Company’s subsidiary, COSCO (Dalian) Shipyard Co., Ltd. with Dalian Deepwater Development Ltd to build an advanced and versatile DP3 deepwater drillship.

Transocean, Chevron Ink 5-Year Contract for New Drillship

Transocean Ltd. announced it has been awarded a five-year contract for a newbuild dynamically positioned ultra-deepwater drillship by Chevron U.S.A. Inc. Shipyard delivery is scheduled for the second quarter of 2016.

Two More Drillships Ordered from DSME

Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has signed another lucrative deal adding two more ships to its orderbook.

The company announced today in its regulatory filing to the Korea Stock Exchange that it has won an order worth approx $ 1.25 billion for the construction of two drillships.

DSME to Build Its First Jack-Up in 30 Years

Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has been awarded its first jack-up rig contract after a 30 year hiatus.

DSME signed the contract on September 25th with Maersk Drilling, a Denmark based company, for one jack-up rig. The value of this contract is approximately 530 million USD. It is scheduled to be delivered in the middle of 2016 and will provide service to the Norwegian Coast.

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October 20, 2013