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Latest Oil platforms Stories

2013-02-19 20:20:38

HOUSTON, Feb. 19, 2013 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) reported today that its subsidiary, Northern Offshore U.K. Limited, was awarded a contract with ADTI for the jackup Energy Endeavour. The contract, for operations in the UK Sector of the North Sea, is for a one-well program with an expected duration of sixty days, and is scheduled to commence mid June 2013. The estimated contract value for the expected term is approximately US$9.3 million. Gary W. Casswell,...

2013-01-23 16:21:30

ZUG, Switzerland, Jan. 23, 2013 /PRNewswire/ -- Noble Corporation (NYSE: NE) today reported fourth quarter 2012 earnings of $128 million, or $0.50 per diluted share, compared to $115 million, or $0.45 per diluted share, for the third quarter of 2012. Earnings for the fourth quarter 2011 totaled $127 million, or $0.50 per diluted share. Revenues for the fourth quarter of 2012 were $966 million compared to $884 million in the third quarter of 2012 and $751 million in the fourth quarter of 2011....

2013-01-07 08:23:21

HOUSTON, Jan. 7, 2013 /PRNewswire/ -- CAMAC Energy Inc. (NYSE MKT: CAK) ("the Company") today announced that Allied Energy PLC ("Allied"), an affiliate of the Company's largest shareholder and the operator of its Nigerian deep water blocks, OML 120 and OML 121, has signed a Deed of Assignment ("Deed") with Transocean Ltd. ("Transocean") and Nigerian Petroleum Development Corporation Limited ("NPDC") for the Sedneth 701 semi-submersible drilling rig to carry out the drilling of the Oyo #7...

2012-11-28 12:21:20

HOUSTON, Nov. 28, 2012 /PRNewswire/ -- Shell Offshore Inc.'s (Shell) Olympus hull, the approximately 32,500 metric ton main body of the Olympus TLP, departed from South Korea today to begin its two month journey to the U.S. Gulf Coast. After nearly 4 million man hours and a peak of approximately 1,300 workers on-site, construction of the Olympus hull was completed in November 2012. The hull will be transported from South Korea to Ingleside, TX on Dockwise's world-class Blue Marlin marine...

2012-10-17 15:21:35

ZUG, Switzerland, Oct. 17, 2012 /PRNewswire/ -- Noble Corporation (NYSE: NE) today reported third quarter 2012 earnings of $115 million, or $0.45 per diluted share, compared to $160 million, or $0.63 per diluted share, for the second quarter of 2012. For the third quarter 2011, the Company reported earnings of $135 million, or $0.53 per diluted share. Contract drilling services revenues for the third quarter of 2012 were $833 million compared to $848 million for the second quarter of 2012....

2012-09-04 10:23:37

HOUSTON, Sept. 4, 2012 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) announced today that John T. Rynd, Chief Executive Officer and President, will present at the following investor conferences: Barclays Capital CEO Power-Energy Conference in New York on Thursday, September 6, 2012, at 12:25 p.m. EDT (11:25 a.m. CDT). Pareto Oil and Offshore Conference 2012 in Oslo, Norway, on Wednesday, September 12, 2012, at 2:10 p.m. Central European Summer Time (8:10 a.m. EDT). Interested...

2012-09-04 02:23:06

HOUSTON, Sept. 4, 2012 /PRNewswire/ -- Hercules Offshore, Inc. (NASDAQ: HERO) reported today that all of its drilling rigs and liftboats located in the U.S. Gulf of Mexico have been accounted for and re-manned. Based on preliminary crew inspections, there does not appear to be any significant damage to the rigs or liftboats as a result of Hurricane Isaac. The Company's facilities in Lafayette, Louisiana also sustained no significant damage. John T. Rynd, President and Chief Executive...

2012-08-29 14:20:52

HOUSTON, Aug. 29, 2012 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that a subsidiary of the company has entered into a Memorandum of Agreement for the sale of the jackup drilling rig Energy Exerter to an undisclosed buyer. Closing of the transaction, which is subject to certain routine conditions, is expected by October 19, 2012. An escrowed deposit equal to ten percent of the purchase price has been received. The company expects net proceeds...

2012-07-30 02:23:15

SAN ANTONIO, July 30, 2012 /PRNewswire/ -- Pioneer Drilling Company (NYSE: PDC) announced that its name has changed to Pioneer Energy Services Corp. The Company's common stock will continue to trade on the New York Stock Exchange but will trade under the new ticker symbol "PES." Pioneer's website is now www.pioneeres.com. "Over the last five years, we have transformed Pioneer from a pure play domestic land contract driller to a diversified energy services provider with operations across the...

2012-07-17 02:22:45

HAMILTON, Bermuda, July 17, 2012 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) today announced that it expects its second quarter operating results to be below consensus estimates. The shortfall is attributable to lower than expected results primarily from its Pressure Pumping and, to a lesser extent, its International operations, partially offset by better results in its other US land operations. The lower results are primarily attributable to higher costs. As previously indicated,...