Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar.
Derecktor Shipyards New York is building a pair of hybrid ferries for Savannah, Ga. based Chatham Area Transit (CAT). Delivery is expected in 2024.The two 65-foot-long, 50-passenger ferries will be equipped with an electric propulsion package from BAE Systems, including permanent magnet traction motors and HybriGen Power system.