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Rigs
Petromena: falling reserves driving rigsNov 18, 2008With just seven months of rig revenues, Norway-based PetroMena on Tuesday reported a nine-month after tax result of $62.7 million and hinted at ...
Petropack picked in $215M PTT hireNov 14, 2008Norway-based drill rig company Petrojack has secured the $115,000-a-day hire of the Petrojack IV jack-up, a statement said Friday.
PetroPod sees rig strength, FPSO slideNov 12, 2008Norwegian rig interests in drilling contractor and floating production player PetroPod intend to raise $45 million dollars in equity by year’s end, as ...
Advent hails funds, seeks offshore drillerNov 11, 2008MEC Resources Limited has announced today that investee company Advent Energy Ltd has successfully secured a funding agreement that will provide a significant capital raising totalling A$7 million by the issue of 14 million shares at 50 cents per share.
Miller Petroleum cements Atlas Energy Resources orderNov 11, 2008Miller Petroleum Inc. announced today that it had finalized a drilling contract with Atlas Energy Resources, LLC, in a two-year agreement that will utilize two Miller drilling rigs operating in the East Tennessee area of the Appalachian Basin.
Seadrill sells, leases rig duo for $850MNov 7, 2008Seadrill has completed the sale — part of a sale and leaseback — of the drill rig West Hercules to Ship Finance and will pocket $850 million, the company heralded Friday...
Transocean way up, as business doublesNov 5, 2008The world’s No. 1 drilling rig contractor by fleet size reported third quarter net income of $1.12 billion on Wednesday, up ...
Nexus soars, as floating producers stir wild supplier gainsOct 30, 2008Shares in key Norwegian floating production suppliers surged on Thursday, after trading on oilfield-focused Oslo burse had intensified by ...
Scorpion Offshore finds Arabian Gulf hireOct 30, 2008Rig contractor Scorpion Offshore has reported a four-year contract for its jack-up Offshore Freedom in the Arabian Gulf this coming ...
Ezra Holdings: lift boat lost at seaOct 28, 2008Offshore fleet owner Ezra Holdings has reported a jack-up lift boat has been lost at sea while making its cross-Atlantic journey from the U.S.A to the North Sea for a wind park installation contract.
Songa chronicles debt-to-earnings pictureOct 20, 2008Rig contractor Songa Offshore has said the company’s recent volatile stock price was caused by its debt financing and other short-term bank loans and not ...
Songa Offshore raising $70M in OsloOct 16, 2008Drilling-rig contractor Songa Offshore looks set to raise 265 million kroner ($40.4 million) among investors in Oslo, increasing its net ...
StatoilHydro readies rig trio for N. Sea winterOct 14, 2008Norwegian safety regulators have given the green light for StatoilHydro to drill three wells across the breadth of the Norwegian continental shelf, as the ...
CNOOC nod for Awilco drilling duoOct 13, 2008Awilco Offshore through its Premium Drilling business has received a letter of intent from China National Offshore Oil Corporation Limited, or CNOOC, for a two year drilling program for the jack-up drilling rigs WilSeeker and WilBoss.
AGR, oil companies mark mud milestoneOct 13, 2008BP, Shell, AGR Drilling Services and the Norwegian Research Council have successfully tested a deepwater riserless mud-recovery system, results which could mark a major ...
Seadrill money moves work, as Oslo ralliesOct 9, 2008A company controlled by a director of Norway-based drilling contractor Seadrill has bought up 50,000 ordinary shares in the firm he co-directs with ...
Lundin gets North Sea nodOct 2, 2008Swedish oil compay Lundin’s Norwegian business has won regulator approval to explore for oil with the Maersk Gallant jack-up drill rig in the ...
CNOOC hires Songa for $30M wellSep 29, 2008Songa Offshore ASA has announced the signing of a $30-million contract with CNOOC's African business for the dirllling of a ...
Middle East partners assemble $365M rig orderSep 24, 2008Dubai-based shipyard Maritime Industrial Services Co. Ltd. will “design and build” a $365-million rig duo for MENAdrill, the drilling contractor venture that cost ...
Noble orders $585M drill shipSep 23, 2008Noble Drilling has enlisted the help of STX yard of Korea and Dutch construction firm Huisman Equipment to build a new $585 million Globetrotter ...
Seadrill accepts magnate’s daughter, share “move”Sep 22, 2008Shareholders in Norway-based rig contractor Seadrill are understood to have agreed to accept the young daughter of Norwegian shipping ...
Rig rates strong, seen risingSep 22, 2008Drilling day rates and prospects for rig companies continue to strengthen and improve, as oil companies pile up exploration wells to match a recent ...
Seadrill secures $310M rig hireSep 18, 2008Norway-based rig contractor Seadrill has secured a five-year, $310 million hire for the tender rig West Alliance in Southeast Asia, the company has announced.
Northern Offshore moves to "integrate" rigsSep 17, 2008Rig owner Northern Offshore Ltd. has put in an order with management software maker Star Information Systems to put the supplier’s integrated ...
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