Stay Connected

Keppel FELS, Naftogaz cancel offshore drilling rig construction contract

Offshore staff

SINGAPORE – Keppel FELS Ltd. and Naftogaz of Ukraine have terminated an earlier award to Keppel FELS to construct two semisubmersible drilling rigs.

Keppel said “the contract will not be taking effect as certain conditions within the timeline set were not met.”

The initial contract was expected to be valued at more than $1 billion for the two rigs based on Keppel’s DSS 38D harsh-weather design.

3/14/2013

Related Articles

CSA Ocean Sciences awarded Gulf of Mexico BOEM contract

Nov 22, 2013 The Bureau of Ocean Energy Management has awarded CSA Ocean Sciences a contract for conducting measurements and modeling of the underwater pressure waves produced during explosive well decommission...

Aker Solutions to sell well-intervention services business to EQT

Nov 22, 2013

Aker Solutions has agreed to sell its well-intervention services business to EQT, a Swedish private equity fund, for NOK 4 billion ($658 million).

Trending News

Ophir field secures finances for development

Jul 24, 2014

Octanex N.L. has secured limited recourse project finance for development of the Ophir field, offshore Malaysia.

Colombia’s oil auction brings in $1.4B in investment

Jul 24, 2014

Royal Dutch Shell Plc, Exxon Mobil Corp, Anadarko Petroleum Corp, and Repsol SA were among the 19 companies bidding on 26 of 95 blocks offered by Colombia.

North Sea operator awards contract to Asset Guardian Solutions

Jul 24, 2014

A North Sea operator in Aberdeen, Scotland, has awarded Asset Guardian Solutions Ltd (AGSL) a key contract.

TGS announces multi-client seafloor sampling and seep studies

Jul 24, 2014

TGS reports two multi-client geochemical seafloor sampling and seep studies, one offshore Canada and the other in the Barents Sea. Sampling locations for both programs were identified, using recently acquired multi-client seismic data.

Second deepwater Liwan pipelay under way offshore China

Jul 24, 2014

Construction vessels have started work offshore China installing a second deepwater production pipeline from the main Liwan 3-1 field to the Liwan shallow-water central platform. 

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

View more Job Listings >>