Korean shipbuilders Samsung Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co. (DSME) separately said their contracts on drillship orders with Seadrill Ltd. became invalidated as a result of the U.S. offshore driller’s...
DRILLING
HOUSTON — Demand in the Permian basin for an MWD system with both electromagnetic (EM) and mud-pulse (MP) data transmission capabilities is increasing...
The Chinese shipbuilding industry has its eyes on the drillship market which has been dominated by Korean shipbuilders. As the Korean shipbuilding industry is...
Daewoo Shipbuilding & Marine Engineering Co. (DSME) said on Tuesday that it is on schedule to deliver this year’s five orders in offshore drilling...
South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (DSME) reached out-of-court settlement with its client and partner, receiving $25 million each...
Daewoo Shipbuilding & Marine Engineering announced on June 12 that it delivered an offshore plant to Statoil, a multinational energy company, in accordance...
Danish offshore driller Maersk Drilling has secured a contract extension for the ultra-deepwater drillship Maersk Viking with ExxonMobil. The estimated value...
American oil company Cobalt International Energy sank deeper into the red during the first quarter of this year due to an impairment related to the Anadarko...
South Korean Minister of Foreign Affairs Yun Byung-se will meet Angolan foreign minister to seek solutions to the Sonangol case. Daewoo Shipbuilding and Marine...
South Korea’s Hyundai Samho Heavy Industries Co. removed elephantine facility from its dock after it found a new buyer for a semi-submersible drilling rig...
Angola’s state-run oil company Sonangol are having the last minute negotiation with ExxonMobil Corp., a U.S.-based oil major, on charter contracts for...
Sembcorp Marine recorded a massive earnings turnaround in the fourth quarter to return to the black in spite of challenging conditions in the offshore and...
