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Contracts

Caterpillar Engines Developed for New Liftboat

Cat C280-16 generator sets with an increased power rating have been selected by Jurong Shipyard, to power West Rigel drill rig. The West Rigel is a semisubmersible drilling rig newbuild under construction for North…

Contracts

Hecules Offshore Buy KS Energy Liftboat 'Titan 2'

Hercules Offshore executes a definitive agreement to acquire the liftboat 'Titan 2' from a subsidiary of KS Energy Ltd. The purchase price is $42 million in cash. The Titan 2 is a 280 foot class vessel, constructed in…

Shipbuilding

Seadrill Orders New Ultra-deepwater Drillship

Seadrill has entered into a turnkey contract to build a new ultra-deepwater drillship at the Samsung yard in South Korea, for 2014 delivery. The project value price is estimated to be around US$600 million (including…

Shipbuilding

US Shipyard Contracted to Build Liftboat

Gulf Island Marine Fabricators to construct a 335-Class semi-submersible for Montco Offshore. Gulf Island Fabrication, Inc.subsidiary, Gulf Island Marine Fabricators, L.L.C. is to fabricate the 185 feet long by 135 feet…