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Sembmarine_Green is the new gold_a better future
naoshingo
Elite
17-Feb-2022 11:32     
 
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 Alert Admin 		Stil 86 haizz.....
Very slow....cool

better      ( Date: 17-Feb-2022 11:16) Posted:

Transocean' s 8th-gen Deepwater Titan Drillship Completes Drydocking in Singapore

February 16, 2022

Illustration only: Image by nikkytok/AdobeStock


Offshore drilling contractor Transocean has said this week that its eighth-generation Deepwater Titan drillship has completed drydocking in Singapore.

The Deepwater Titan is Transocean' s first 20,000 psi ultra-deepwater drillship, and will, once delivered, be used by Chevron in the U.S. Gulf of Mexico.

Transocean shared the drydocking completion milestone via social media, along with the drillship photo, saying: " Wonderful teamwork on display as Transocean, Sembcorp Marine Ltd, and Chevron celebrate the completion of the Deepwater Titan drydocking in Singapore. We&rsquo re looking forward to the next phase of the project and getting this beautiful new 8th-generation drillship ship out to sea. Great job, team!"

 

Transocean has previously said it will be the first company to own an ultra-deepwater floater rated for 20,000 psi operations, the Deepwater Titan.

The offshore drilling firm ordered two rigs, eventually named the Deepwater Titan and the Deepwater Atlas, from Sembcorp Marine' s Jurong Shipyard in 2014 with plans for rig deliveries in 2Q 2017 and 1Q 2018, respectively.

After several delays, the company, on December 31, 2018, announced it had secured a rig design and construction management contract, as well as a five-year drilling contract, with Chevron, for what is now known as the Deepwater Titan.

The contract called for significant upgrades on the rig, including two 20,000 pounds per square inch blowout preventers. National Oilwell Varco (now known simply as NOV) in 2019 sold two 20,000-psi (20K) blowout preventer (BOP) stacks to Transocean, expected, at the time, to be deployed on a Gulf of Mexico well in 2021.

And, indeed, the Deepwater Titan had been expected to start working for Chevron on its $455,000 a day deal in 2021. In July 2020, Transocean said the rig would start drilling for Chevron in the fourth quarter of 2021. 

In June 2021, Sembcorp Marine and Transocean agreed to revise the delivery dates of the two ultra-deepwater drillships, taking into consideration work disruptions arising from the COVID-19 pandemic.

The Titan' s start-up date has been delayed a couple of times again, to 1H 2022, then to 2H 2022, and, as per the latest fleet status update, the Deepwater Titan is now expected to debut in the U.S. Gulf of Mexico in the first quarter of 2023. The rig is expected to stay with Chevron until the first quarter of 2028.

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better
Elite
17-Feb-2022 11:16     
 
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 Alert Admin

Transocean' s 8th-gen Deepwater Titan Drillship Completes Drydocking in Singapore

February 16, 2022

Illustration only: Image by nikkytok/AdobeStock


Offshore drilling contractor Transocean has said this week that its eighth-generation Deepwater Titan drillship has completed drydocking in Singapore.

The Deepwater Titan is Transocean' s first 20,000 psi ultra-deepwater drillship, and will, once delivered, be used by Chevron in the U.S. Gulf of Mexico.

Transocean shared the drydocking completion milestone via social media, along with the drillship photo, saying: " Wonderful teamwork on display as Transocean, Sembcorp Marine Ltd, and Chevron celebrate the completion of the Deepwater Titan drydocking in Singapore. We&rsquo re looking forward to the next phase of the project and getting this beautiful new 8th-generation drillship ship out to sea. Great job, team!"

 

Transocean has previously said it will be the first company to own an ultra-deepwater floater rated for 20,000 psi operations, the Deepwater Titan.

The offshore drilling firm ordered two rigs, eventually named the Deepwater Titan and the Deepwater Atlas, from Sembcorp Marine' s Jurong Shipyard in 2014 with plans for rig deliveries in 2Q 2017 and 1Q 2018, respectively.

After several delays, the company, on December 31, 2018, announced it had secured a rig design and construction management contract, as well as a five-year drilling contract, with Chevron, for what is now known as the Deepwater Titan.

The contract called for significant upgrades on the rig, including two 20,000 pounds per square inch blowout preventers. National Oilwell Varco (now known simply as NOV) in 2019 sold two 20,000-psi (20K) blowout preventer (BOP) stacks to Transocean, expected, at the time, to be deployed on a Gulf of Mexico well in 2021.

And, indeed, the Deepwater Titan had been expected to start working for Chevron on its $455,000 a day deal in 2021. In July 2020, Transocean said the rig would start drilling for Chevron in the fourth quarter of 2021. 

In June 2021, Sembcorp Marine and Transocean agreed to revise the delivery dates of the two ultra-deepwater drillships, taking into consideration work disruptions arising from the COVID-19 pandemic.

The Titan' s start-up date has been delayed a couple of times again, to 1H 2022, then to 2H 2022, and, as per the latest fleet status update, the Deepwater Titan is now expected to debut in the U.S. Gulf of Mexico in the first quarter of 2023. The rig is expected to stay with Chevron until the first quarter of 2028.
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better
Elite
17-Feb-2022 11:12     
 
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 Alert Admin 		Visual search query image
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MANFREDTMK
Master
17-Feb-2022 10:07     
 
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 Alert Admin 		The wheel of fortune has finally turned for the better. Who dares win. Still not late

better      ( Date: 17-Feb-2022 09:40) Posted:

Amazing, they deliver Titan before Atlas. Should be the other way round based on their Q3 update. More cash collection and start earning interest from yard financing. Let's what Transocean say on the 24th Feb when they announce full year results.

ICXGOLD      ( Date: 17-Feb-2022 06:08) Posted:

Transocean' s 8th-gen Deepwater Titan Drillship Completes Drydocking in Singapore

 
Offshore drilling contractor Transocean has said this week that its eighth-generation Deepwater Titan drillship has completed drydocking in Singapore.
 
The Deepwater Titan is Transocean' s first 20,000 psi ultra-deepwater drillship, and will, once delivered, be used by Chevron in the U.S. Gulf of Mexico.
 
Transocean shared the drydocking completion milestone via social media, along with the drillship photo, saying: " Wonderful teamwork on display as Transocean, Sembcorp Marine Ltd, and Chevron celebrate the completion of the Deepwater Titan drydocking in Singapore. We&rsquo re looking forward to the next phase of the project and getting this beautiful new 8th-generation drillship ship out to sea. Great job, team!"
 


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better
Elite
17-Feb-2022 09:40     
 
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 Alert Admin 		Amazing, they deliver Titan before Atlas. Should be the other way round based on their Q3 update. More cash collection and start earning interest from yard financing. Let's what Transocean say on the 24th Feb when they announce full year results.

ICXGOLD      ( Date: 17-Feb-2022 06:08) Posted:

Transocean' s 8th-gen Deepwater Titan Drillship Completes Drydocking in Singapore

 
Offshore drilling contractor Transocean has said this week that its eighth-generation Deepwater Titan drillship has completed drydocking in Singapore.
 
The Deepwater Titan is Transocean' s first 20,000 psi ultra-deepwater drillship, and will, once delivered, be used by Chevron in the U.S. Gulf of Mexico.
 
Transocean shared the drydocking completion milestone via social media, along with the drillship photo, saying: " Wonderful teamwork on display as Transocean, Sembcorp Marine Ltd, and Chevron celebrate the completion of the Deepwater Titan drydocking in Singapore. We&rsquo re looking forward to the next phase of the project and getting this beautiful new 8th-generation drillship ship out to sea. Great job, team!"
 

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MANFREDTMK
Master
17-Feb-2022 09:38     
 
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 Alert Admin 		And bearing in mind, this is only the foreplay. From March 2 onwards, the noise will be deafening. I think 🤔

MANFREDTMK      ( Date: 17-Feb-2022 09:20) Posted:

Actually the returns from SM is not really that dismal. In October, many went in at 7.9 to 8 cents knowing that any price below 8 leads to losses and hence a safe entry price. 4 months later, the price is 8.6 cents today. This translates to a gross returns of 7.5% in 4 months. Quite decent

TigerPlay      ( Date: 17-Feb-2022 07:57) Posted:

SCM going thru many hard times and 2 right so far. If this fella dun die and survive it will eventually go above 10cts or even 20cts that is provided you got the patient to wait and money to spare. This could take months, years we never know.For me i have got out of it at a huge loss but use the money to buy SIA and KepCorp and did make some profit from there to cover this huge SCM loss, so is a matter of investing or trading technique, no wrong no right, Better has hope that by me getting out this fella will cheong but so far been months this fella still din move much as in cheong above 10cts etc. Myself I dun have much confident in this counter in the near future, but that is me, you may think otherwise, but I shall not talk bad about this counter as many still have hope in it. bye
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pkli899
Supreme
17-Feb-2022 09:32     
 
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 Alert Admin 		Gentleman.....I like.  angel

TigerPlay      ( Date: 17-Feb-2022 07:57) Posted:

SCM going thru many hard times and 2 right so far. If this fella dun die and survive it will eventually go above 10cts or even 20cts that is provided you got the patient to wait and money to spare. This could take months, years we never know.For me i have got out of it at a huge loss but use the money to buy SIA and KepCorp and did make some profit from there to cover this huge SCM loss, so is a matter of investing or trading technique, no wrong no right, Better has hope that by me getting out this fella will cheong but so far been months this fella still din move much as in cheong above 10cts etc. Myself I dun have much confident in this counter in the near future, but that is me, you may think otherwise, but I shall not talk bad about this counter as many still have hope in it. bye
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dcproperty
Senior
17-Feb-2022 09:23     
 
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 Alert Admin

I am thankful for Bro Better sets up this forum, breaking away from " SEMBMARINE - A NEW CHAPTER - DEMERGED" , breaking from those negative guys.
 
Since then " SEMBMARINE - A NEW CHAPTER - DEMERGED" , becomes a white elephant. Seldom have people spread any negativity or even posting there. But those negative guys migrate to this forum now. It speaks for their motives. By their fruits and actions, we shall know their motives. They are people holding on to short positions. They hope to down play SM for their own short advantages. They want to make greater influent by spearing negativity here.
 
If they are truly concerned about people being get caught, they shall have remained at " SEMBMARINE - A NEW CHAPTER - DEMERGED" . Simple reason. There are more members there. They can reached out many most people there.
 
My message to those people is that, you can short some more. There are billions SM shares for you to short. Please continue to short down SM.

But you guys have be holding more than 8-9 months on short positions now. How much have you been playing financial charges now? Please be upfront. If still wanna deny, check on your past postings. See what your messages were.  

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MANFREDTMK
Master
17-Feb-2022 09:20     
 
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 Alert Admin 		Actually the returns from SM is not really that dismal. In October, many went in at 7.9 to 8 cents knowing that any price below 8 leads to losses and hence a safe entry price. 4 months later, the price is 8.6 cents today. This translates to a gross returns of 7.5% in 4 months. Quite decent

TigerPlay      ( Date: 17-Feb-2022 07:57) Posted:

SCM going thru many hard times and 2 right so far. If this fella dun die and survive it will eventually go above 10cts or even 20cts that is provided you got the patient to wait and money to spare. This could take months, years we never know.For me i have got out of it at a huge loss but use the money to buy SIA and KepCorp and did make some profit from there to cover this huge SCM loss, so is a matter of investing or trading technique, no wrong no right, Better has hope that by me getting out this fella will cheong but so far been months this fella still din move much as in cheong above 10cts etc. Myself I dun have much confident in this counter in the near future, but that is me, you may think otherwise, but I shall not talk bad about this counter as many still have hope in it. bye
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Jiyaji
Senior
17-Feb-2022 08:03     
 
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 Alert Admin 		Very well said Sir! Have walked the same path as you and was similarly impacted. Ultimately to invest, hold or sell is ours and so is the consequence of those decisions. Like everything else in life - lot of factors come in play including Lady Luck  - why doesn' t she appear more regularly :)

TigerPlay      ( Date: 17-Feb-2022 07:57) Posted:

SCM going thru many hard times and 2 right so far. If this fella dun die and survive it will eventually go above 10cts or even 20cts that is provided you got the patient to wait and money to spare. This could take months, years we never know.For me i have got out of it at a huge loss but use the money to buy SIA and KepCorp and did make some profit from there to cover this huge SCM loss, so is a matter of investing or trading technique, no wrong no right, Better has hope that by me getting out this fella will cheong but so far been months this fella still din move much as in cheong above 10cts etc. Myself I dun have much confident in this counter in the near future, but that is me, you may think otherwise, but I shall not talk bad about this counter as many still have hope in it. bye
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TigerPlay
Master
17-Feb-2022 07:57     
 
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 Alert Admin 		SCM going thru many hard times and 2 right so far. If this fella dun die and survive it will eventually go above 10cts or even 20cts that is provided you got the patient to wait and money to spare. This could take months, years we never know.For me i have got out of it at a huge loss but use the money to buy SIA and KepCorp and did make some profit from there to cover this huge SCM loss, so is a matter of investing or trading technique, no wrong no right, Better has hope that by me getting out this fella will cheong but so far been months this fella still din move much as in cheong above 10cts etc. Myself I dun have much confident in this counter in the near future, but that is me, you may think otherwise, but I shall not talk bad about this counter as many still have hope in it. bye
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ICXGOLD
Master
17-Feb-2022 06:08     
 
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Transocean' s 8th-gen Deepwater Titan Drillship Completes Drydocking in Singapore

 
Offshore drilling contractor Transocean has said this week that its eighth-generation Deepwater Titan drillship has completed drydocking in Singapore.
 
The Deepwater Titan is Transocean' s first 20,000 psi ultra-deepwater drillship, and will, once delivered, be used by Chevron in the U.S. Gulf of Mexico.
 
Transocean shared the drydocking completion milestone via social media, along with the drillship photo, saying: " Wonderful teamwork on display as Transocean, Sembcorp Marine Ltd, and Chevron celebrate the completion of the Deepwater Titan drydocking in Singapore. We&rsquo re looking forward to the next phase of the project and getting this beautiful new 8th-generation drillship ship out to sea. Great job, team!"
 
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MANFREDTMK
Master
16-Feb-2022 10:54     
 
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 Alert Admin 		Don't understand why you are reprimanding yourself. Your prediction 7 cents, 4 cents, 0 cents. ALL NEVER HAPPEN. And you are now chanting non-stop for a Rights issue to help you. Certainly the market dealt a more severe blow to you. YOU HAVE GONE MAD, NOT US😜 🤪 🤪

weekaykee      ( Date: 15-Feb-2022 21:18) Posted:

You are right. Market has a way of making everyone stupid. SCM is one perfect example. Almost all of you camping in here would end up regretting sooner or later.

MANFREDTMK      ( Date: 15-Feb-2022 17:13) Posted:

You are right, the market has a way to make everyone stupid. You can make several rounds in the market, but all you need is to buy into one wrong counter and that's enough to wipe you off. Live by the sword, die by the sword, all professional funds included unless those that keeps getting fresh injection of new money.
Life is never easy, a four letter words.
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weekaykee
Master
15-Feb-2022 21:18     
 
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 Alert Admin 		You are right. Market has a way of making everyone stupid. SCM is one perfect example. Almost all of you camping in here would end up regretting sooner or later.

MANFREDTMK      ( Date: 15-Feb-2022 17:13) Posted:

You are right, the market has a way to make everyone stupid. You can make several rounds in the market, but all you need is to buy into one wrong counter and that's enough to wipe you off. Live by the sword, die by the sword, all professional funds included unless those that keeps getting fresh injection of new money.
Life is never easy, a four letter words.

dcproperty      ( Date: 15-Feb-2022 14:35) Posted:

He is talking nonsense.
I have been actively buying and selling in the stock market and commodities for the past 15 years or more. Not all my trade was profitable. Maybe I am a lousy trader.
 
Nevertheless, I believe all investors will face losses in one way or other. Only those not speaking the truth or those sitting at the sideline, do nothing that won' t making loss.
 
On high side, these counters traded:-
Ifast $9.9x
Semb Industry $5.5x
Venture Corp $29.9x
Keppel Corp $10.xx

Even OCBC was more than $50.x in 197x. No one got caught? Please lo
If you only got caught once, by SM only, you need not come to this forum lo.
 
Investment banking likes Credit Suisse, Citibank, JP all got caught before. Unless you are best than the
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MANFREDTMK
Master
15-Feb-2022 17:13     
 
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 Alert Admin 		You are right, the market has a way to make everyone stupid. You can make several rounds in the market, but all you need is to buy into one wrong counter and that's enough to wipe you off. Live by the sword, die by the sword, all professional funds included unless those that keeps getting fresh injection of new money.
Life is never easy, a four letter words.

dcproperty      ( Date: 15-Feb-2022 14:35) Posted:

He is talking nonsense.
I have been actively buying and selling in the stock market and commodities for the past 15 years or more. Not all my trade was profitable. Maybe I am a lousy trader.
 
Nevertheless, I believe all investors will face losses in one way or other. Only those not speaking the truth or those sitting at the sideline, do nothing that won' t making loss.
 
On high side, these counters traded:-
Ifast $9.9x
Semb Industry $5.5x
Venture Corp $29.9x
Keppel Corp $10.xx

Even OCBC was more than $50.x in 197x. No one got caught? Please lo
If you only got caught once, by SM only, you need not come to this forum lo.
 
Investment banking likes Credit Suisse, Citibank, JP all got caught before. Unless you are best than them

MANFREDTMK      ( Date: 15-Feb-2022 12:33) Posted:

Can read him like a book. He has no position in anything. His thrill is derived from seeing others in excruciating pain. And when that did not happen and the market made him look stupid, he now DESPERATELY changes tune that there are always better shares out there. Such a general statement need him to teach meh. It's always better to keep quiet when ones know nothing about finance, accounting and economics. Bragging only exposed their weakness
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dcproperty
Senior
15-Feb-2022 14:35     
 
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 Alert Admin 		He is talking nonsense.
I have been actively buying and selling in the stock market and commodities for the past 15 years or more. Not all my trade was profitable. Maybe I am a lousy trader.
 
Nevertheless, I believe all investors will face losses in one way or other. Only those not speaking the truth or those sitting at the sideline, do nothing that won' t making loss.
 
On high side, these counters traded:-
Ifast $9.9x
Semb Industry $5.5x
Venture Corp $29.9x
Keppel Corp $10.xx

Even OCBC was more than $50.x in 197x. No one got caught? Please lo
If you only got caught once, by SM only, you need not come to this forum lo.
 
Investment banking likes Credit Suisse, Citibank, JP all got caught before. Unless you are best than them

MANFREDTMK      ( Date: 15-Feb-2022 12:33) Posted:

Can read him like a book. He has no position in anything. His thrill is derived from seeing others in excruciating pain. And when that did not happen and the market made him look stupid, he now DESPERATELY changes tune that there are always better shares out there. Such a general statement need him to teach meh. It's always better to keep quiet when ones know nothing about finance, accounting and economics. Bragging only exposed their weakness

dcproperty      ( Date: 15-Feb-2022 11:34) Posted:

Yes, certainly. I can feel and hear your " Sign of desperation, sense of hopelessness and defeat" in keeping short position on SM
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MANFREDTMK
Master
15-Feb-2022 12:33     
 
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 Alert Admin 		Can read him like a book. He has no position in anything. His thrill is derived from seeing others in excruciating pain. And when that did not happen and the market made him look stupid, he now DESPERATELY changes tune that there are always better shares out there. Such a general statement need him to teach meh. It's always better to keep quiet when ones know nothing about finance, accounting and economics. Bragging only exposed their weakness

dcproperty      ( Date: 15-Feb-2022 11:34) Posted:

Yes, certainly. I can feel and hear your " Sign of desperation, sense of hopelessness and defeat" in keeping short position on SM



weekaykee      ( Date: 15-Feb-2022 11:03) Posted:

Becoming vulgar and personal. That is a sign of desperation, sense of hopelessness and defeat. 
There is more to life than SCM and more rewarding stocks than SCM.

 
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dcproperty
Senior
15-Feb-2022 11:34     
 
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 Alert Admin

Yes, certainly. I can feel and hear your " Sign of desperation, sense of hopelessness and defeat" in keeping short position on SM



weekaykee      ( Date: 15-Feb-2022 11:03) Posted:

Becoming vulgar and personal. That is a sign of desperation, sense of hopelessness and defeat. 
There is more to life than SCM and more rewarding stocks than SCM.

 

MANFREDTMK      ( Date: 15-Feb-2022 09:32) Posted:

The offer is there for so long, what are you, WeekayKee waiting for? No point envying others and constantly wishing them dead when you don't have the balls to do anything in life. You are right, the Truth always hurt. A Eunuch simply can't do anything in life because the balls are missing, hence can only constantly envy and curse. The Truth is the Rights issue never happen. The Truth is the share never fall to 7 cents, let alone 0 for almost 8 months already. So pathetic, but irritating
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weekaykee
Master
15-Feb-2022 11:03     
 
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 Alert Admin 		Becoming vulgar and personal. That is a sign of desperation, sense of hopelessness and defeat. 
There is more to life than SCM and more rewarding stocks than SCM.

 

MANFREDTMK      ( Date: 15-Feb-2022 09:32) Posted:

The offer is there for so long, what are you, WeekayKee waiting for? No point envying others and constantly wishing them dead when you don't have the balls to do anything in life. You are right, the Truth always hurt. A Eunuch simply can't do anything in life because the balls are missing, hence can only constantly envy and curse. The Truth is the Rights issue never happen. The Truth is the share never fall to 7 cents, let alone 0 for almost 8 months already. So pathetic, but irritating

MANFREDTMK      ( Date: 09-Feb-2022 09:04) Posted:

Precisely, anyone can boast about buying any shares that has gone up a lot to prove that they are clever. But the truth is they didn't and are merely fooling and consoling themselves. Cheap shots like this, everyone knows. So clever right, SHOW HAND LOL. I give you $200 for sure, No
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MANFREDTMK
Master
15-Feb-2022 09:32     
 
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 Alert Admin 		The offer is there for so long, what are you, WeekayKee waiting for? No point envying others and constantly wishing them dead when you don't have the balls to do anything in life. You are right, the Truth always hurt. A Eunuch simply can't do anything in life because the balls are missing, hence can only constantly envy and curse. The Truth is the Rights issue never happen. The Truth is the share never fall to 7 cents, let alone 0 for almost 8 months already. So pathetic, but irritating

MANFREDTMK      ( Date: 09-Feb-2022 09:04) Posted:

Precisely, anyone can boast about buying any shares that has gone up a lot to prove that they are clever. But the truth is they didn't and are merely fooling and consoling themselves. Cheap shots like this, everyone knows. So clever right, SHOW HAND LOL. I give you $200 for sure, Now

dcproperty      ( Date: 09-Feb-2022 08:52) Posted:

Certainly, same same, why you are not vested, not shorting as claimed, but keep wasting your time here.
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