Latest Drillship Stories
ZUG, Switzerland, March 4, 2011 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced that a subsidiary has exercised its first option with Hyundai Heavy Industries Co. Ltd. ("HHI") for the construction of an additional ultra-deepwater drillship, the third such drillship to be ordered this year subject to the parties executing a definitive construction contract which is expected to occur within the next week. This increases the Company's number of floating drilling units to 27, of...
HOUSTON, Feb. 24, 2011 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today reported that its subsidiary, Northern Offshore U.K. Limited, was awarded a contract with Maersk Olie og Gas AS ("Maersk"), for the jackup Energy Endeavour. The award is subject to approval by the Danish Energy Authority. The contract, for operations in the Danish Sector of the North Sea, has an initial duration of one year and is scheduled to commence in early April 2011. Maersk has options to...
HOUSTON, Jan. 31, 2011 /PRNewswire/ -- ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (NYSE: ATW), announced that, Atwood Oceanics Pacific Limited ("AOPL"), a wholly-owned subsidiary of Atwood Oceanics, Inc. (the "Company"), on January 28, 2011 executed a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd ("DSME") to construct an ultra-deepwater drillship, to be named the Atwood Advantage, at the DSME yard in South Korea. The...
ZUG, Switzerland, Jan. 19, 2011 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced that a subsidiary has signed a contract with Hyundai Heavy Industries Co. Ltd. ("HHI") for the construction of two ultra-deepwater drillships, increasing the Company's number of floating drilling units to 26, 14 of which are dynamically positioned. The new ultra-deepwater drillships, to be named at a later date, will be constructed on a fixed price basis at HHI's shipyard in Ulsan, Korea, with...
HOUSTON, Jan. 18, 2011 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) announced today that its subsidiary, Northern Offshore U.K. Limited, was awarded a contract with Perenco UK Limited ("Perenco") for the jackup Energy Enhancer. The contract covers two well abandonments on the Welland Field in the UK Southern North Sea, and is scheduled to commence immediately following completion of the rig's current commitment. The abandonment programs are expected to take a total of 60 days...
HOUSTON, Nov. 21, 2010 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) reported today that the company received notice from Vietgazprom that they will not proceed with the fifth and final well of the five-well drilling program offshore Vietnam. The drillship Energy Searcher, upon completion of the fourth well, was at a standby location awaiting the appropriate approval to undertake drilling operations when notice of the terminated program was received. Under the contract with...
PRINCETON, N.J., Oct. 12 /PRNewswire/ -- The Bull Market Report (BMR) (http://www.bullmarket.com), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with updated coverage of several deepwater drilling stocks, including TransOcean (NYSE: RIG), Pride International (NYSE: PDE), Noble (NYSE: NE), SeaDrill (NYSE: SDRL), and DryShips (Nasdaq: DRYS). In addition to its daily newsletter and Recommended List of stocks, BMR publishes...
One day after removing the cap from the ruptured oil well in the Gulf of Mexico, BP announced on Friday that the cost of the environmental disaster had topped the $8 billion mark.The disaster, which dates back to the sinking of the Deepwater Horizon oil rig in late April, resulted in nearly five million barrels of crude leaking into the water until it was successfully capped on July 15. Furthermore, despite halting the flow of petroleum, the British-based company estimates it is currently...
ZUG, Switzerland, Aug. 9 /PRNewswire-FirstCall/ -- Noble Corporation (NYSE: NE) today announced that a subsidiary has signed contracts for the construction of a new, dynamically positioned ultra-deepwater Globetrotter-class drillship with South Korea's STX Heavy Industries Co., LTD ("STX") and Dutch-based design and construction firm Huisman Equipment B.V. The Noble Globetrotter II drillship is the second unit to be constructed for the Company utilizing a two phase process wherein the...
HOUSTON, July 28 /PRNewswire-FirstCall/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that the Company's Senior Vice President Marketing, Steven J. Gangelhoff, and Senior Vice President Operations, Fred Brooks, have resigned from the Company effective in early September 2010. (Logo: http://photos.prnewswire.com/prnh/20080415/LATU540LOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20080415/LATU540LOGO) Mr. Gangelhoff and Mr. Brooks joined the company in January 2008 and...
