Search results for: Northern Offshore Drilling

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  • 20 April 2012
    Business & Finance

    Northern Offshore, Ltd. today announced that both the semisubmersible Energy Driller and drillship Energy Searcher have commenced operations. The Energy Searcher went on dayrate under the contract with the Joint Operating Company Vietgazprom, a joint venture between Petrovietnam and Gazprom, (“VGP”) for their drilling program offshore Vietnam on April 6, 2012. The duration is for […]

  • 2 May 2019
    Project & Tenders

    LNG giant Qatar Petroleum (QP) has awarded contracts for eight offshore drilling rigs for work on its North Field Expansion project.

  • 16 August 2019
    Business & Finance, Exploration & Production

    Seadrill Limited has entered into a joint venture with Gulf Drilling International (GDI) following a recent contract award to GDI by Qatar Petroleum.   Last May, Qatar Petroleum awarded contracts for a total of eight offshore jack-up drilling rigs required for the North Field Expansion (NFE) Project offshore Qatar. Contracts for six of the eight rigs […]

  • 2 May 2019
    Business & Finance, Exploration & Production

    Qatar Petroleum has awarded contracts for a total of eight offshore jack-up drilling rigs required for the North Field Expansion Project offshore Qatar. 

  • 29 June 2015
    Business & Finance, Exploration & Production

    Shandong Offshore International Company Limited has decided to acquire Northern Offshore, Ltd. (NOF) for $165 million.  The acquisition of NOF will be done by Shandong Offshore Company Limited (Bidco), which is a wholly owned subsidiary of the Shandong Offshore International Company Limited. It will be implemented by way of an amalgamation under Bermuda law at an acquisition price of […]

  • 12 January 2015
    Business & Finance, Exploration & Production

    After Northern Offshore said today that the company has terminated the contract for the Energy Searcher drillship with the oil exploration company CAMAC Energy due to breaches in the drilling contract, CAMAC issued a counter statement. Namely, CAMAC has said it has terminated its drilling contract with Northern Offshore, and not the other way around. In […]

  • 19 December 2011
    Business & Finance

    Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Northern Offshore to transport the jack-up drilling rig ENERGY EXERTER from Malta to Northern Europe in January 2012. The Fairstar open stern, semi-submersible vessel FJELL is expected to load the ENERGY EXERTER in early January and sail immediately afterwards towards a Northern European port […]

  • 29 June 2015

    Northern Offshore, Ltd. today announced a development in its contract dispute with Erin Energy Corporation (formerly CAMAC Energy Inc.) related to the contract for the drillship the Energy Searcher. Namely, the parties have reached an agreement with respect to the contract dispute settling all disputes and claims between them. To remind, Northern Offshore’s drillship was under contract […]

  • 25 October 2017
    Exploration & Production

    Northern Drilling, a recently established offshore drilling company, has received an approval to begin trading in Oslo. At meeting on Tuesday, October 24 the Board of Oslo Børs resolved to admit the shares in Northern Drilling Ltd. to listing on Oslo Axess. Northern Drilling is an offshore drilling contractor formed by a Norwegian-born billionaire and […]

  • 29 November 2019
    Business & Finance, Exploration & Production

    Northern Drilling is seeing an improvement in demand visibility for the harsh environment drilling rigs, which is supportive of continued recovery and further rate increase in the market.

  • 25 March 2015
    Exploration & Production

    Russian oil company Rosneft has decided not to go forward with a rig contract previously agreed upon with Northern Offshore. Offshore driller Northern Offshore, Ltd. today announced that North Atlantic Drilling Company Ltd (NADL) has received a cancellation notice for use of the Northern Offshore’s jack-up Energy Endeavor from Rosneft as part of a multi-rig contract to […]

  • 16 February 2018
    Exploration & Production

    Northern Offshore has sold its semi-submersible rig Energy Driller to an unnamed party for conversion to alternative use.

  • 17 April 2013

    Northern Petroleum Plc  announces the joint venture decision to extend current drilling operations on the Guyane Maritime permit in French Guiana. The GM-ES-3 exploration well is the second well of a four well exploration drilling campaign that commenced in 2012 to follow up the oil discovery at GM-ES-1 in 2011. The GM-ES-2 well had exploration […]

  • 6 September 2010
    Business & Finance

    Northern Offshore, Ltd.  announced today that Mr. Paul Ravesies has joined the company as Senior Vice President, Marketing and Business Development. Gary W. Casswell, president and CEO, said, “Paul is a welcome addition to Northern Offshore. His broad experience in contracts, marketing, business development and operations will further strengthen our management team.” Mr. Ravesies has […]

  • 25 February 2011
    Business & Finance

      Northern Offshore, Ltd.  today reported that its subsidiary, Northern Offshore U.K. Limited, was awarded a contract with Maersk Olie og Gas AS (“Maersk”), for the jackup Energy Endeavour. The award is subject to approval by the Danish Energy Authority. The contract, for operations in the Danish Sector of the North Sea, has an initial […]

  • 20 September 2013

     Northern Offshore U.K. Ltd, has been awarded a contract with Wintershall Noordzee B.V. , for the jack-up offshore drilling rig Energy Endeavour. The contract will be performed in the Dutch Sector of the North Sea starting around October 1, 2013. The dayrate for the rig has been set at $160.000. The drilling is expected to end […]

  • 12 September 2011
    Business & Finance

    Northern Offshore, Ltd. today announced that CNOOC Palung Aru Ltd. (“CNOOC”) has awarded a contract for the drillship Energy Searcher. The contract is for one well offshore Indonesia and has an expected duration of from 60-90 days, including travel time from and back to Singapore. Commencement is expected during October 2011. The estimated contract value […]

  • 8 October 2019
    Exploration & Production

    Northern Drilling has canceled the resale contract for the West Cobalt drillship with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).

  • 29 June 2018
    Business & Finance

    Oslo Børs has resolved to admit the shares in Northern Drilling to listing.

  • 1 December 2011
    Business & Finance

    Northern Offshore, Ltd.  has reported that its subsidiary, Northern Offshore U.K. Limited, has received a early declaration from Maersk Olie og Gas AS (“Maersk”) exercising both of the remaining one-year options for the jackup Energy Endeavour. The anticipated commencement date of the option period is April 2012, which commits the Energy Endeavour to Maersk for […]

  • 29 November 2019
    Exploration & Production

    Offshore drilling contractor Northern Drilling and South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) are in dispute over a canceled drillship order.

  • 9 May 2018
    Exploration & Production

    With a clear strategy and commitment to execution, Northern Drilling is shrewdly maneuvering through the distressed offshore rig world.