Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater market showing signs of weakness and contract opportunities becoming scarcer, reactivating these units is proving even more challenging.
Coast Guard Sector St. Petersburg crew members held a memorial service honoring the fallen crew members from Coast Guard Cutter Blackthorn, Wednesday, at the Blackthorn Memorial in St. Petersburg.The memorial ceremony marked the 46th anniversary of the 23 lives lost during the collision between Coast Guard Cutter Blackthorn and the motor vessel Capricorn near the Sunshine Skyway Bridge on Jan.