Norwegian offshore vessel owner Solstad Offshore has secured $70 million in new contracts and extensions for two of its subsea construction vessels (CSV) that will be employed offshore Brazil.The new contract is for the CSV Normand Fortress with Brazilian state-run oil company Petrobras.The contract has a duration of two years firm with possibility of two years extension.
Esgian provides an update on the second round of jackup suspensions in Saudi Arabia in its Week 32 Rig Analytics Market Roundup.Report SummaryContractsArabian Drilling has confirmed that Saudi Aramco has initiated discussions with the drilling contractor over the suspension of an additional leased offshore rig, following an initial round of contract suspensions that began earlier this year.
Esgian reports an eventful week with contract confirmations, terminations and suspensions in its Week 18 Rig Analytics Market Roundup.Report SummaryContractsBurullus Gas Company, the self-operated joint venture between Shell Egypt, the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC) and Petronas
Esgian reports various drilling contractors disclosing details of discussions with Saudi Aramco regarding jackup contract suspensions in its Week 14 Rig Analytics Market Roundup. These contractors include Shelf Drilling, ADES, Borr Drilling, Arabian Drilling, COSL, and ARO Drilling.
Signet Sirius, the first of two ART 92-32W Rotortugs was recently delivered by Signet Maritime at their Pascagoula Shipbuilding and Repair facility. This is the first ART Rotortug that Signet has built and operated in their fleet. Designed by Robert Allan Ltd. in collaboration with RotorTug BV, the Advanced Rotortugs (ART) incorporate the patented triple Z-drive Rotortug propulsion layout
Markey Machine won a first-ever contract from SAAM Towage to retrofit the controls on a Timberland towing winch aboard the Point Valiant, a tug based in Vancouver, B.C.SAAM first outlined the project to Markey last May, then hired Sentinel Survey, Markey’s after-market service division, to undertake on-site inspection of the winch.