Ocean Rig Crete Archives - Baird Maritime

January 18, 2021

COLUMN | Falling knives and walking away: drilling contractors, Chinese yards, Korean cast-offs, Northern Drilling, SinoOcean and the Tiger rigs – Part One [Offshore Accounts]

Written by Hieronymus Bosch on January 18, 2021. Posted in Commercial Mariner - Offshore, Commercial Mariner – Vessel Reviews, Jackups/Liftboats, Offshore Drilling & Extraction, Offshore World, Work Boat World Features.

Sometimes it is not only easier to walk away, but actually better The deepwater drilling industry is in crisis, as you know. In 2020, four major owners of deepwater rigs ..

July 24, 2018

Samsung Heavy reports $125 million loss for second quarter of 2018

Written by Baird Maritime on July 24, 2018. Posted in Ship World.

Samsung Heavy Industries has reported a net loss of ₩142.7 billion (US$125.7 million) for the second quarter of 2018, a significant downturn from its ₩22.7 billion ..

September 30, 2019

COLUMN | Deepwater drilling industry still flashing red [OFFSHORE ACCOUNTS]

Written by Hieronymus Bosch on September 30, 2019. Posted in Offshore World, Work Boat World Features.

Deepwater rig companies do everything bigger and better than OSV companies. Their rigs are physically huge, their day rates dwarf those of anchor handlers and platform ..

July 2, 2018

Ocean Rig delays drillship delivery from Samsung Heavy

Written by Baird Maritime on July 2, 2018. Posted in Offshore Drilling & Extraction.

Ocean Rig has reached an agreement with Samsung Heavy Industries to postpone the delivery of Ocean Rig Crete to September 2020.

September 27, 2019

Transocean relinquishes interests in two drillships under construction

Written by Baird Maritime on September 27, 2019. Posted in Offshore Drilling & Extraction.

Transocean has confirmed that two of its indirect, wholly-owned subsidiaries will relinquish their respective interests in two drillships under construction at Samsung ..