The shipbuilding industry has been taking a hard hit across Asia, where the world’s top ship and rig builders are based.
Drilling contractor Fred. Olsen Energy and shipbuilder Hyundai Heavy Industries (HHI) have finally reached an agreement over the rig dispute on the Bollsta Dolphin semi-submersible drilling unit.
A South Korean worker employed by Hyundai Heavy Industries died on Tuesday after falling off a scaffold while working on a shipbuilding project for Statoil
Hyundai Heavy Industries has completed the delivery of the world’s largest semi-submersible drilling rig, the Ocean Greatwhite, to Diamond Offshore Drilling
Fred. Olsen Energy have confined it has cancelled the construction of its half built Bollsta Dolphin offshore drilling rig, after disagreements with the Hyundai shipyard.
Korean based Hyundai Heavy Industries, has hit offshore drilling contractors, Fred Olsen Energy, with a notice of arbitration, demanding more money.
Canada’s Husky Oil, has cancelled its contract held with offshore drilling contractors Seadrill, for the half built West Mira semisubmersible drilling rig.
Offshore drilling contractors, Seadrill, have walked away from their half constructed West Mira Semisubmersible drilling rig, after continued delays by the shipyard.
Hyundai Heavy Industries has gained in-principle approval from ABS for the design of its new wide-beam, heavy-duty drillship, the DH12000 concept.