Quantcast

Latest Northern Offshore Ltd. Stories

2014-09-15 16:23:25

HOUSTON, Sept. 15, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that the drillship Energy Searcher under contract in Nigeria, has experienced technical problems with the control hoses to the unit's blowout preventer. The repairs are underway and are expected to be completed soon allowing operations to resume within two (2) weeks. The Company expects its consolidated financial results for the third quarter 2014 to be negatively impacted by a...

2014-07-30 16:25:11

HOUSTON, July 30, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that the company has finalized a 2 1/2 year contract with Rosneft Oil Company, in conjunction with North Atlantic Drilling Ltd., for the provision of the jackup drilling rig Energy Endeavour. According to the agreement, any break rights expire after 100 days, after which the contract will commence in direct continuation upon the release of the rig by the current client. The company...

2014-05-14 20:21:44

HOUSTON, May 14, 2014 /PRNewswire/ -- Highlights (All $ in USD) -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today reported net income for the three months ended March 31, 2014 of $10.0 million, or $0.06 per diluted share, on revenues of $49.4 million. -- The company generated $20.3 million of first quarter adjusted EBITDA. -- Second of three one-year options exercised for the Energy Enhancer. -- 100% of the fleet contracted. -- Steel cutting...

2014-03-25 20:20:42

HOUSTON, March 25, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today reported that its subsidiary, Northern Offshore U.K. Limited, has received a declaration from Maersk Olie og Gas AS ("Maersk") exercising the second of three one-year options for the jackup Energy Enhancer. The commencement date of the new option period is approximately mid-July 2014, which commits the Energy Enhancer to Maersk for continued operation in the Danish Sector of the North Sea until...

2014-01-29 20:21:41

HOUSTON, Jan. 29, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today reported that its subsidiary, Northern Offshore U.K. Ltd., has received notice that Wintershall Noordzee B.V. ("Wintershall") is exercising the first of two six-month options for the jackup Energy Endeavour. The commencement date of the option period will be in direct continuation following the end of the well in progress on May 1, 2014, which commits the Energy Endeavour to Wintershall for...

2014-01-15 16:21:31

HOUSTON, Jan. 15, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that in follow up to the company's previous announcement on December 9, 2013, its subsidiary, Northern Offshore International Drilling Company Ltd., has executed a long-term drilling contract with an affiliate of CAMAC Energy Inc. (NYSE MKT: CAK), for the drillship Energy Searcher. The contract commits to an initial period of one year, with an option to extend the contact for an...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.