The growing demand for energy, coupled with increasing investment in offshore exploration activities, will drive the global offshore drilling market to $121.1 billion by 2018, growing at a CAGR of 10.6% from 2013 to 2018. The factors that drive the growth of this market are sustained high oil prices, increased investment from oil and gas operators, and a surge in deep and ultra-deepwater activities. The maturity of onshore oil reserves now shifts the focus of operator companies towards deep water offshore areas.
This report analyses mobile offshore drilling units by types and geography. In terms of offshore drilling, this report analyses the services market by type, geography and application areas. In terms of geography, the report is segmented into Asia-Pacific, Europe, the Middle East, Africa, North America and South America. The services included in this report are offshore contract ...
The contract is expected to start early second quarter 2015 in direct continuation from previously announced contracts with the Blackford Dolphin. The estimated contract value is approximately USD 255 million including certain rig upgrades of approximately USD 11 million. Chevron has an option to extend the contract for a further period of between 300 and 700 days.
The Blackford Dolphin recently arrived in Belfast, Northern Ireland, from Brazil, after a three-month journey. The rig will undergo maintenance and repair works at the Harland & Wolff yard.
The project will include upgrade work and repairs and renewals for its Class Renewal Survey. The project will be completed in H&W’s 556m x 93m Main Building Dock, starting November 2013 for approximately 50 days.
The Aker H-3 propulsion assisted semi-submersible rig underwent a major deep-water upgrade in 2006 to 2008. At that time, Harland and Wolff designed and built ...