Rig Builders

Saturday, 26 November 2022

Latest News for: Rig builders

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Keppel pockets $160m from sale of first of ex-Tor Olav Troim rigs

Tradewinds 25 Nov 2022

The Singapore rig builder confirmed Thursday that the payment ...

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Petrofac chief executive who led FTSE 250 oil rig builder through SFO bribery investigation to ...

The Daily Mail 22 Nov 2022

Mid-cap oil rig builder Petrofac has announced that his chief executive Sami Iskander will step down at the end of March next year 'to pursue other interests'. Iskander, who has been at the helm since 2020, oversaw the resolution of a long-standing Serious Fraud Office investigation into bribery ... CEO change ... Chairman Rene Medori said ... RELATED ARTICLES.

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Energy stocks surge as OPEC+ denies oil output increase discussions and Citigroup upgrades BP forecast

The Daily Mail 22 Nov 2022

London-listed energy stocks have rebounded sharply after OPEC+ members confirmed they are not currently discussing boosting oil output ... Shell and Harbour Energy were among the top gainers on the FTSE 100, adding 4 and 7.1 per cent respectively by midday ... RELATED ARTICLES. Previous 1 Next. Petrofac chief executive who led FTSE 250 oil rig builder... .

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MARKET REPORT: Babcock shares soar as the defence contractor lands new contracts with the Polish ...

The Daily Mail 22 Nov 2022

A series of contract wins helped Babcock rise to the top of the stock market’s second tier ... Shares boost ... The group also won 20 contracts across its energy and marine business ... Boss David Lockwood said ... Share ... Investors in Petrofac dumped their shares after the oil rig builder said chief executive Sami Iskander will leave at the end of March next year ... .

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“Just a bunch of idiots having fun”—a photo history of the LAN party

Ars Technica 21 Nov 2022

/ The burned-in timestamp, the water-cooled PC tower, the chaotic configuration of monitors and peripherals—this is what LAN Party aims to capture. (credit. Kiel Oleson) ... LAN parties ... LAN Party ... (credit ... (credit ... People would show off their systems at LAN gatherings, get tips from other builders, and even trade or donate parts from older rigs and designs.

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Watch out: Singapore offshore and marine mega-contractor on the march

Upstream Online 03 Nov 2022

OPINION. Will they, won’t they… ... With Keppel O&M historically being the world’s leading jack-up rig builder and Sembmarine’s traditional focus more on platform construction, the two had complementary skillsets and no doubt synergies could have been achieved ... And who knows, maybe a behemoth that could itself acquire rivals. .

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Sembcorp Marine to Buy Keppel O&M in Revised Megamerger

The Maritime Executive 28 Oct 2022

The offshore rig business was hard hit by a prolonged downturn that was further compounded by the COVID-19 pandemic ... According to the two rig builders, the combined company would be well-prepared to compete for future opportunities arising from decarbonization in the oil & gas sector and the global energy transition towards renewables.

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Keppel signs revised terms on Sembmarine transaction; posts 24% rise in revenue to $6.8 billion

Straits Times 27 Oct 2022

October 27, 2022 8.05 PM SINGAPORE - Keppel Corporation signed ...

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Sembcorp Marine to buy Keppel Offshore & Marine under revised deal

Splash24/7 27 Oct 2022

Singapore’s Sembcorp Marine and Keppel Corporation have revised their merger deal which will now see Sembcorp Marine acquire the latter’s offshore oil rig builder Keppel O&M in a S$4.5bn ($3.19bn) deal ... Keppel O&M’s legacy rigs and associated receivables will ...

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Why Nvidia RTX 4090s GPUs are melting right in people’s PCs

Digital Trends 27 Oct 2022

The long-awaited Nvidia GeForce RTX 4090 is, undoubtedly, the best graphics card on the current market ... Unless it sets on fire, that is. Contents ... Considering that Nvidia must have known about the issue beforehand, it’s strange that it didn’t as much as leave a note for the PC builders who would be slotting these cards into their rigs ... ....

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Kuwait Drilling and Honghua strike land rig deal

Upstream Online 26 Oct 2022

Middle East drilling contractor Kuwait Drilling Company (KDC) has concluded a deal with Chinese rig builder Honghua Group to supply “several” land rigs.

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MARKET REPORT: Ashmore suffers sharp drop in assets under management as investors flee amid turmoil ...

The Daily Mail 14 Oct 2022

Turmoil ... Meanwhile, emerging market government bonds have also dropped 23 per cent in the year-to-date ... Mid-cap oil rig builder Petrofac surged 4.5 per cent, or 4.25p, to 99.55p after Peel Hunt upgraded the stock to 'buy' from 'hold' highlighting new contract wins for the firm as well as predictions of rising energy demand over the coming years ... .

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Keppel O&M to speed up delivery of trio of rigs for Borr Drilling

Upstream Online 13 Oct 2022

Keppel O&M and Borr have entered into an amended and restated framework deed, whereby the rig builder will receive more cash payments earlier and reduce its overall financial exposure to Bermuda-headquartered Borr ... The rig builder and client had earlier agreed to defer the delivery of all five rigs until 2023.

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PAGES PAST - 1922: Headless skeleton found in forgotten grave

The Chronicle-Express 14 Sep 2022

The establishment cost a pile of money, was built when labor and timber was cheap, was fitted up in good rig for doing flouring and custom work, and never earned its projector, builder, and owner a dollar ... Attracting considerable attention from vineyardists and raspberry growers is the new spray rig invented by E.A.

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