Latest News for: Rig builders

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Singapore#39;s Temasek delays annual report due to coronavirus pandemic

Moneycontrol 02 Jul 2020
'To accommodate this delay of global consolidation for financial reporting, Temasek's own annual reporting will be delayed from July till September,' Ho said. Reuters ... After the pandemic outbreak, Temasek led a multi-billion dollar rescue package for Singapore Airlines and supported a rights issue by money-losing rig builder Sembcorp Marine ... ....
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Domestic consolidation to drive Asia M&A revival during coronavirus fallout

Canada Dot Com 30 Jun 2020
Ongoing examples include Singapore state investor Temasek Holdings supporting a $1.5 billion rights issue by money-losing rig builder Sembcorp Marine Ltd ... – which is also trying to buy control of the parent of another rig builder – could become the largest shareholder....
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Keppel terminates semi-sub contract with Awilco

Upstream Online 22 Jun 2020
Singaporean rig-builder Keppel Fels has ......
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Awilco Drilling cancels rig order with Keppel

Offshore Energy Today 08 Jun 2020
Awilco Drilling has decided to cancel a semi-submersible rig order with rig builder Keppel due to breaches under the construction contract. The post Awilco Drilling cancels rig order with Keppel.. ... ....
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Sembcorp Marine proposes US$1.5bil rights issue backed by Temasek

The Star 08 Jun 2020
SINGAPORE. Loss-making Sembcorp Marine on Monday proposed a S$2.1 billion ($1.5 billion) recapitalisation through a rights issue that will be backed by the rig builder's parent firm, Sembcorp Industries, and state investor Temasek Holdings ... ....
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SembMarine’s Brazilian unit enters $500 million credit facility

Offshore Energy Today 05 Jun 2020
A wholly-owned subsidiary of Singapore's offshore rig builder Sembcorp Marine has entered into a revolving facility agreement for up to $500 million with Standard Chartered Bank. The post.. ... ....
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Penn Brad Oil Museum derrick dismantled for safety

The Bradford Era 26 May 2020
It was also one of the only known full size ‘standard’ oil rigs still standing in the entire country.” ... “We have hopes of rebuilding the entire rig someday but it will be a very expensive proposition. It was originally built by seasoned rig builders, a breed which is long gone ... “We have been looking into options for rebuilding the rig for some time....
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Positive Grid releases the BIAS FX 2 app

Guitar.com 21 May 2020
Positive Grid has released its new BIAS FX 2 app for iOS devices, a DSP-based virtual rig builder for guitarists and bassists ... It offers up a huge library of amps and pedals, to turn your iPhone or iPad into a fully-fledged multi-fx unit, or a portable ampless rig ... dual-amp rigs....
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Keppel Offshore & Marine profit halved despite higher revenues

Offshore Energy Today 29 Apr 2020
Singapore's offshore rig and vessel builder Keppel Offshore & Marine saw its quarterly profit halved despite an increase in revenues. The post Keppel Offshore & Marine profit halved.. ... ....
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Borr takes another rig delivery from Keppel

Offshore Energy Today 23 Apr 2020
Singapore's offshore rig builder Keppel Offshore & Marine has delivered a newbuild jack-up rig, named Hild, to Borr Drilling. The post Borr takes another rig delivery from Keppel appeared first.. ... ....
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Lamprell to cut back operations to one yard

Gulf Daily News 16 Apr 2020
UAE-based Lamprell, a leading rig builder and provider of contracting services to the oil & gas and industries, said it will consolidate its operations within one yard for the time being as part of its overhead reduction programme. “The Jebel Ali facility has been mothballed from January 2020 ... – TradeArabia News Service. ....
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Petrobras to reverse $120 mln provision after Sete Brasil dispute agreement - filing

Reuters 02 Apr 2020
Brazilian oil giant Petroleo Brasileiro SA said on Wednesday it has reached an agreement that will end its legal dispute with oil rig builder Sete Brasil Participações, allowing it to reverse a 634 million reais ($120 million) provision ... ....
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Riot Blockchain Says Coronavirus Outbreak Might Hurt Crypto Mining Farms

XBT.MONEY 30 Mar 2020
The Nasdaq-listed rig builder revealed its concerns in its annual with the Securities and Exchange Commission, filed Wednesday ... cuts off access to Riot’s offices and mining rigs ... Those rigs replaced Riot’s older fleet of about 8,000 S9 models, now offline, the 10-K shows....

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