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Last updated on April 17, 2014 at 1:21 EDT

Latest Semi-submersible Stories

2013-10-16 16:21:09

ZUG, Switzerland, Oct. 16, 2013 /PRNewswire/ -- Noble Corporation (NYSE: NE) today reported third quarter 2013 earnings of $282 million, or $1.10 per diluted share. Results for the quarter included the sale of the jackup rig Noble Lewis Dugger, which closed in July, a settlement relating to the 2010 acquisition of Frontier Drilling and an impairment charge taken on two submersible rigs. The net after tax gain for these items contributed approximately $63 million or $0.25 per...

2013-10-04 00:20:07

HOUSTON, Oct. 4, 2013 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that two of its subsidiaries have executed contracts for the construction of two LeTourneau Super 116E Class jackup drilling rigs, with a priced option for the construction of two additional rigs of the same design. The yard contract price is less than US$180 million, with favorable tail-end-heavy payment terms. Delivery of the rigs is expected during the first and third quarters of 2016,...

2013-10-03 08:23:33

HOUSTON, Oct. 3, 2013 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will issue a press release and host a conference call and webcast related to its third quarter 2013 operating results on Thursday, October 24, 2013. The conference call and webcast will begin at 9:00 a.m. CDT and will include a discussion by management regarding the Company's results of operation. The news release and a live webcast of the conference call will be available...

2013-09-26 08:22:11

ST. JOHN'S, Newfoundland, Sept. 26, 2013 /PRNewswire/ -- Statoil (OSE:STL, NYSE:STO) Canada and co-venturer Husky Energy have announced that the first Bay du Nord exploration well has discovered between 300 and 600 million barrels of oil recoverable. The Bay du Nord discovery, located approximately 500 kilometres northeast of St. John's, Newfoundland and Labrador, Canada, was announced in August. A sidetrack well has been completed this week and confirms a high impact discovery....

2013-09-24 08:23:06

HOUSTON, Sept. 24, 2013 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that Lawrence R. Dickerson, President and Chief Executive Officer, has decided to retire after more than 30 years of service. "I have had the pleasure of knowing and working with Larry for the past 25 years," said James Tisch, Chairman of the Board of Diamond Offshore. "Diamond Offshore has achieved operational excellence and substantially modernized its fleet with Larry at the...

2013-09-19 20:20:33

HOUSTON, Sept. 19, 2013 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today reported that its subsidiary, Northern Offshore U.K. Ltd, was awarded a contract with Wintershall Noordzee B.V. ("Wintershall"), for the jackup Energy Endeavour. The contract will be performed in the Dutch Sector of the North Sea commencing on/or about October 1, 2013 with completion well in progress on May 1, 2014. The contract provides for extension options and an initial operating day rate of...

2013-08-27 16:21:21

ST. JOHN'S, Newfoundland, Aug. 27, 2013 /PRNewswire/ -- Statoil has made a third discovery of crude oil in the Flemish Pass Basin, offshore Newfoundland. The discovery was made on the Bay du Nord prospect (EL1112), located approximately 500 kilometres northeast of St. John's, Newfoundland and Labrador, Canada. This discovery is the second discovery for Statoil offshore Newfoundland this year. In June, a discovery was made at the Harpoon prospect, which is located approximately 10...

2013-07-31 08:24:56

Revolutionary 3-D product brings complex mechanics and inner workings of rig to life AUSTIN, Texas, July 31, 2013 /PRNewswire/ -- The Petroleum Extension Service (PETEX(TM)) at The University of Texas at Austin is proud to announce the launch of its new Interactive Offshore Oil Rig. This innovative, 3-D e-product provides a unique learning perspective on the inner workings of a semi-submersible oil rig, one of the most intricate and powerful units used in offshore drilling...

2013-07-17 16:23:33

ZUG, Switzerland, July 17, 2013 /PRNewswire/ -- Noble Corporation (NYSE: NE) today reported second quarter 2013 earnings of $177 million, or $0.69 per diluted share. Results for the quarter included $18 million, or $0.06 per diluted share, of revenue recognized relating to the previously reported cancellation of the contract by the customer for the newbuild jackup Noble Houston Colbert. Excluding the impact of the contract cancellation, second quarter 2013 earnings were $0.63 per...

2013-07-03 08:21:34

HOUSTON, July 3, 2013 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will issue a press release and host a conference call and webcast related to its second quarter 2013 operating results on Thursday, July 25, 2013. The conference call and webcast will begin at 9:00 a.m. CDT and will include a discussion by management regarding the Company's results of operation. The news release and a live webcast of the conference call will be available online...