Search results for: North Atlantic

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  • 18 September 2017

    North Atlantic Drilling, a subsidiary of offshore driller Seadrill, is set to be delisted from the New York Stock exchange, following recent restructuring news. Namely, the harsh-environment subsidiary of Seadrill has received a written notice from NYSE Regulation that its common stock is no longer suitable for listing  because of the company’s announcement on September […]

  • 17 August 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    The National Oceanography Centre is set to start a five-year project that will use marine robots to investigate how meltwater from Greenland and Arctic ice is changing ‘deep water formation’ in the North Atlantic. The project, called TERIFIC (Targeted Experiment to Reconcile Increased Freshwater fluxes with Increased Convection) led by Dr Eleanor Frajka-Williams, a Principal Research […]

  • 6 November 2015

    North Atlantic Drilling Ltd., a provider of harsh-environment offshore drilling rigs, has removed a director from its board due to his potential involvement in a corruption scandal. In a statement issued Thursday night, the company said it was informed that Jo Lunder, Director of the company, is under investigation by Norwegian prosecuting authorities in relation […]

  • 16 February 2015
    Business & Finance

    United Arab Shipping Company (UASC), the French liner CMA CGM and Germany’s Hamburg Süd have agreed to form a new service on the Transatlantic North trade routes, linking Northern Europe with the United States East Coast. The new service, starting in the third week of May, will call at the ports of Antwerp, Rotterdam, Bremerhaven, Le Havre, Southampton, […]

  • 25 February 2016

    North Atlantic Drilling (NADL), a provider of harsh environment drilling services formed as a subsidiary of Seadrill, has tightened its quarterly loss, but halved the revenues.  NADL on Thursday reported a drop in the company’s total operating revenues for the quarter to $150.4 million, compared to $291.2 million in 4Q 2014. The offshore drilling contractor on Thursday […]

  • 29 January 2015
    Business & Finance

    The U.S. Army Corps of Engineers released yesterday to the public a report detailing the results of a two-year study to address coastal storm and flood risk to vulnerable populations, property, ecosystems, and infrastructure in the North Atlantic region of the United States affected by Hurricane Sandy in October, 2012.  Congress authorized this report in […]

  • 11 November 2013

    North Atlantic Drilling Ltd. (NADL, or the Company) announced today that it has filed its first amended registration statements with the United States Securities and Exchange Commission (SEC) in connection with its initial public offering and concurrent offer to exchange previously issued unregistered common shares, other than the common shares owned by affiliates of NADL, for common shares that have […]

  • 4 June 2014
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Scientists from the National Oceanography Centre are preparing to set sail to sub-polar regions on a very technical and scientific challenge, to measure the currents of the northern North Atlantic Ocean from the surface to the seafloor. They hope to discover the key processes that control heat content and heat transport in the sub-polar gyre, […]

  • 26 May 2014
    Business & Finance

    Rosneft, North Atlantic Drilling Ltd. and Seadrill Limited signed an Investment and Cooperation Agreement at the 18th St. Petersburg International Economic Forum to form a long-term partnership with a view to capture the opportunities in developing Rosneft’s offshore and onshore projects until at least 2022. The signing ceremony was led by Vladimir Putin, the President […]

  • 4 April 2011
    Business & Finance, Project & Tenders

      Reference is made to the reorganisation of Seadrill’s harsh environment drilling services and the establishment of North Atlantic Drilling Ltd announced on February 15, 2011. Seadrill announces that North Atlantic Drilling’s acquisition of our harsh-environment drilling activities was successfully completed on March 31, 2011. Closing of the transaction took place in line with the […]

  • 19 May 2015
    Business & Finance

    The U.S. Army Corps of Engineers recently completed a report detailing the results of a two-year study to address coastal storm and flood risk to vulnerable populations, property, ecosystems, and infrastructure affected by Hurricane Sandy in the United States’ North Atlantic region. The North Atlantic Coast Comprehensive Study is designed to help local communities better […]

  • 17 April 2015
    Business & Finance

    Rosneft and North Atlantic Drilling Limited (NADL) have agreed to extend the termination date of the Framework Agreement signed on August 20, 2014 until May 31, 2017.  On November 7, 2014, the closing of the transaction was delayed until the end of May 2015. The 2014 Framework Agreement that envisages long-term cooperation in the sphere of oilfield […]

  • 10 July 2015
    Business & Finance, Exploration & Production

    North Atlantic Drilling has been awarded a contract extension for the semi-submersible rig West Phoenix by Total E&P UK. The extension will become effective mid-March 2016. The contract extension will secure work for the rig through the end of August 2016. According to North Atlantic Drilling, the total revenue potential for the contract extension is […]

  • 21 March 2012
    Business & Finance, Operations & Maintenance, Research & Development

      Scientists recently concluded an expedition aboard the research vessel JOIDES Resolution to learn more about Atlantis Massif, an undersea mountain, or seamount, that formed in a very different way than the majority of the seafloor in the oceans. Unlike volcanic seamounts, which are made of the basalt that’s typical of most of the seafloor, […]

  • 4 May 2020
    Technology

    Royal Navy is trialing underwater gliders in the North Atlantic, that can rapidly send vital information during submarine hunting operations. One of the Slocum Gliders is being tested in the seas west of Scotland during a five-month deployment. The unmanned Slocum is capable of sending near real-time information on temperature, depth, salinity (salt content), currents, […]

  • 13 August 2015
    Business & Finance

    North Atlantic Drilling Ltd. (NADL), an offshore harsh environment drilling company, today announced that Ragnvald Kavli, Chief Financial Officer, has decided to leave the company to pursue other career opportunities.  According to NADL, Kavli will step down from his duties as of August 17, 2015. Scott McReaken will succeed Kavli as Chief Financial Officer for North […]

  • 21 May 2019
    Business & Finance, Operations & Maintenance

    Fugro has recently contributed more than 110,000 square kilometers of high-resolution bathymetry data in the North Atlantic Ocean to help improve the quality and coverage of seabed mapping in the region. The dataset, which covers an area the size of Iceland, was delivered to two complementary programs: the Atlantic Ocean Research Alliance (AORA) and the […]

  • 23 January 2020
    Environment, Research & Development

    Ørsted U.S has formed a research partnership to study the North Atlantic right whale and use the learnings for its offshore wind portfolio. Ørsted U.S. Offshore Wind partnered with Rutgers, The State University of New Jersey, the University of Rhode Island (URI), and Woods Hole Oceanographic Institution (WHOI) to launch the Ecosystem and Passive Acoustic […]

  • 19 June 2015
    Business & Finance

    Crowley Maritime Corp.’s liner services group revealed plans to add sailings between Pennsauken, N.J., and San Juan, Puerto Rico, this summer amid growing demand for additional shipping service in the Northeast. “With our accelerated sailing schedule, we have determined that we can add a sailing each month between Pennsauken and San Juan,” said John Hourihan, Crowley […]

  • 14 July 2014

    Senators John Hoeven, John McCain, Lisa Murkowski and John Barrasso introduced the North Atlantic Energy Security Act, a measure that would cut the red tape holding up energy production and infrastructure development, reduce flaring and expedite liquid natural gas (LNG) exports to America’s allies. Specifically, the legislation would: Streamline Onshore Production – It currently takes […]

  • 9 January 2017
    Exploration & Production

    Drilling contractor North Atlantic Drilling Ltd. (NADL) has once again postponed the delivery of a newbuild drilling unit West Rigel ordered at Sembcorp Marine’s Jurong Shipyard.  In addition to several previous delays, the latest one being announced in October 2016, NADL on Monday announced a standstill agreement and subsequent amendments to defer delivery of the semi-submersible […]

  • 18 May 2011
    Business & Finance

      North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has received a letter of award for the semi-submersible drilling rig West Alpha for operations on the Norwegian Continental Shelf. The letter of award covers a two-well commitment in the Balder field, with an estimated firm contract period of 210 days and […]