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  1. Three ultradeepwater drillships on order

    Construction of drillships for use in ultradeepwater is accelerating. Global Marine Inc. (Glomar) and a joint venture of Conoco Inc. and R&B Falcon Corp. each have one such drillship under construction. And Glomar recently received its second order for a ship of this type, this time from Exxon Exploration Co. Glomar's first order was from BHP Petroleum Pty. Ltd. This photo [11,741 bytes] shows the first Glomar 456 Class drillship under construction at Belfast's Harland & Wolff shipyard. The dynamically positioned drillship will be rated to water depths of 12,000 ft. It will include a horizontal/vertical pipe-handling system that will enable it to drill while making up casing strings or bottom-hole assemblies. The ship will have 130,000 bbl of crude oil storage capacity, dual subsea-tree handling capability, independent mud and brine systems, and enough space for well-testing equipment. Glomar's investment is pegged at more than $300 million. Meanwhile, Exxon has signed a 3-year deepwater drilling contract with Global Marine, causing the service firm to build a second Glomar 456 Class drillship. Global has an option to build this ship at the same yard. The ship under contract to Exxon will be rated to 8,000 ft of water. Exxon has the option to reduce the contract length to 2 years if it does so by the end of June. The contract will generate income of about $208 million for Global Marine. The drillship Conoco is building, shown during installation of its 198-ft derrick in the two photos at right, ( photo 1 [19,175 bytes] photo 2 [15,734 bytes] ) will be rated to work in 10,000 ft of water. This ship will be owned by a 50-50 joint venture of Conoco and R&B Falcon. The ship will begin work for Conoco near yearend in the Gulf of Mexico. The vessel is 80% complete and is expected to be ready to start sea trials in August, as planned. Samsung Heavy Industries Ltd. is building the vessel at Koje Island, South Korea. Copyright 1998 Oil & Gas Journal. All Rights Reserved.

    Magazine Articles

    Magazine Articles

    Mon, 6 Apr 1998

  2. Drillship construction cycle nears end

    The drillship construction cycle that began 3 years ago is nearing completion with delivery of Global Marine Inc.'s Glomar Jack Ryan. The two remaining drillships still on order�R&B Falcon Inc.'s Deepwater Discovery and Transocean Sedco Forex Inc.'s Discoverer Deep Seas�should join the fleet by ...

    Online Articles

    Online Articles

    Thu, 12 Oct 2000

  3. Shell lets contracts for ultradeepwater drillships

    Royal Dutch Shell PLC let 10-year contracts to Transocean Ltd. for the construction of four newbuild dynamically positioned ultradeepwater drillships . Cost of the four rigs is an estimated $3 billion, excluding interest.

    Online Articles

    Online Articles

    Fri, 28 Sep 2012

  4. DRILLING MARKET FOCUS: $2.5 billion going to Korean yards for new drillships

    Drilling contractors have given contracts worth $2.5 billion to two Korean shipyards to build five new drillships .

    Magazine Articles

    Magazine Articles

    Mon, 8 May 2006

  1. Reliance contracts for new Transocean drillship

    Online Articles

    Online Articles

    Tue, 6 May 2008

  2. Pacific Drilling extends option to build ultradeepwater drillship

    A subsidiary of drilling contractor Pacific Drilling SA, Luxembourg, negotiated an agreement with Samsung Heavy Industries of South Korea to extend until Dec. 15 an option to construct an eighth ultradeepwater drillship .

    Online Articles

    Online Articles

    Thu, 20 Sep 2012

  3. Chevron drilling deals include new drillship

    Chevron Corp. has awarded Transocean Inc., Houston, three multiyear deepwater drilling contracts totaling $1.7 billion, one of which will require construction of a drillship to be dedicated to Chevron use for 5 years.

    Online Articles

    Online Articles

    Wed, 1 Mar 2006

  4. Transocean receives two drillship contracts

    Transocean Inc., Houston, has received contracts for two of its dynamically positioned drillships .

    Online Articles

    Online Articles

    Mon, 20 Jun 2005

  5. Rowan orders two drillships for 12,000 ft of water

    A subsidiary of Rowan Cos. Inc. entered into turnkey contracts with Hyundai Heavy Industries Co. Ltd. for the construction of two ultradeepwater drillships at a cost of $605 million each.

    Online Articles

    Online Articles

    Wed, 1 Jun 2011

  6. DP drillships target deepwater operations

    After a 10-year construction hiatus, contractors began delivering a series of next-generation drillships last year, fulfilling a need for technically advanced, deepwater drilling rigs.

    Magazine Articles

    Magazine Articles

    Mon, 23 Aug 1999

  7. Three drillships ordered for deep water

    Drilling contractors have let construction contracts for three drillships following receipt of long-term charters for deepwater exploration. Transocean Offshore Inc., Houston, let two contracts to Astilleros Espa?oles SA, Madrid, for construction of sister drillships to operate in the Gulf of ...

    Magazine Articles

    Magazine Articles

    Mon, 16 Mar 1998

  8. Chevron starts work with new drillship

    Chevron USA Inc. has begun work with Transocean Inc.’s Discoverer Clear Leader ultradeepwater drillship in the Gulf of Mexico.

    Online Articles

    Online Articles

    Fri, 14 Aug 2009

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