Search results for: Odfjell Drilling

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  • 1 September 2011
    Business & Finance

    Odfjell Drilling on Monday 29 August 2011 signed a management agreement for the semisubmersible drilling rig “Island Innovator” owned by Marine Accurate Well ASA – Maracc (OTC MARA). The rig will be ready for operations in Norway Q4 2012. Odfjell Drilling CEO Simen Lieungh states: “We are very pleased to announce this management agreement with […]

  • 14 December 2017
    Exploration & Production

    Offshore drilling contractor Odfjell Drilling is looking to reduce pay for its offshore workers. 

  • 4 November 2015
    Business & Finance, Exploration & Production

    Odfjell Drilling has secured more work for the Deepsea Metro I drillship, as Vietgazprom has exercised the first well test period for the vessel. To remind, the Deepsea Metro I began its contract with Vietgazprom in August 2015 in blocks 130 and 131 offshore Vietnam. The firm contract period is expected to end in mid-January 2016. According to a […]

  • 17 May 2012
    Business & Finance

    Odfjell Drilling announced that the new rig will join its Norwegian fleet. “The operation of Island Innovator will be an important contribution to Odfjell Drilling’s activity on the Norwegian continental shelf. The contract between the owner Maracc and Lundin Norway AS will mean greater predictability for Odfjell Drilling and our operations in Norway. We will […]

  • 9 October 2015
    Exploration & Production

    Odfjell Drilling’s 3rd generation semi-submersible, Deepsea Bergen, has finished its yard stay in connection with the 5-year special periodic survey and is now in transit to location where it will resume operations. The company did not provide details as to where the rig is headed, but the Deepsea Bergen is on a long-term contract with […]

  • 7 September 2015
    Business & Finance, Exploration & Production

    Norwegian drilling company Odfjell Drilling has won a drilling rig contract from Wintershall Norge AS, as part of the recently approved Maria field development in the Norwegian Sea. Under the agreement, Odfjell Drilling will provide the semi-submersible drilling rig Deepsea Stavanger for the drilling of production wells on the Maria field. The firm contract is […]

  • 15 November 2010
    Business & Finance

    Odfjell Drilling and Statoil have entered into an agreement regarding Deepsea Atlantic. In addition, Statoil has exercised a 1 year option of further use of the rig, committing the rig to Statoil for a fixed period until 4 August 2014. “We are obviously very pleased that we have reached an agreement regarding Deepsea Atlantic and […]

  • 18 February 2011
    Business & Finance

      Norwegian Minister of Trade and Industry Trond Giske opened Odfjell Drilling’s new office in Rio de Janeiro today. “We see Brazil as a particularly important market and wish to become a player in the Brazilian deepwater market in the years ahead,” says Odfjell CEO Simen Lieungh. “Brazil’s vast oil and gas reserves represent an […]

  • 4 April 2014
    Business & Finance, Equipment

    Through an agreement with current shareholders, Odfjell Drilling becomes the major shareholder in Robotic Drilling Systems AS (RDS). RDS has developed a system which has the potential to become the next generation drill-floor technology representing a huge potential to improve safety and efficiency in drilling operations. Odfjell Drilling and the existing shareholders of RDS have […]

  • 31 August 2017
    Business & Finance

    The shareholders of Robotic Drilling Systems (RDS) have entered into an agreement to sell all shares in RDS to Nabors Industries. The company’s main shareholders are Odfjell Drilling, Statoil Technology Invest, Investinor and Westcon. Norway’s RDS is a developer of a drill-floor solution consisting of robotic technology for fully unmanned drill floor operations. The system […]

  • 4 April 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Odfjell Drilling, through an agreement with current shareholders, becomes the major shareholder in Robotic Drilling Systems AS (RDS). RDS has developed a system which has the potential to become the next generation drill-floor technology representing a huge potential to improve safety and efficiency in drilling operations. Odfjell Drilling and the existing shareholders of RDS have signed an agreement where […]

  • 2 November 2018
    Business & Finance

    Offshore driller Odfjell Drilling has accepted a firm offer to extend the bank facility of Odfjell Drilling Services until November 9, 2019.

  • 3 December 2015
    Business & Finance

    Odfjell Drilling, a drilling, well service and engineering company based in Norway, has appointed Michael Boysen-Nielsen a head of Business Development.  According to the company, Boysen-Nielsen has a long track record in marketing and business development positions in Maersk Drilling and Ocean Rig. “Michael Boysen-Nielsen has extensive knowledge and experience from the offshore drilling industry and will […]

  • 30 May 2018
    Business & Finance

    Norway’s Akastor has completed its previously announced investment in Odfjell Drilling.

  • 27 April 2011
    Business & Finance, Project & Tenders

    Odfjell Drilling has on behalf of Deep Sea Metro Ltd. secured a contract with the BG Group for its first drillship; the Deepsea Metro I. The contract with BG Group has a firm duration of 365 days with 3×6 months options and a contract value of approximately 175 million USD including mobilization and net taxes, […]

  • 27 January 2011
    Business & Finance

    Odfjell Drilling has been awarded the EPC(I) contract for the Veslefrikk field with immediate start up. “We are looking forward to doing this job for Statoil,” says Odfjell Drilling CEO Simen Lieungh. The contract includes upgrading the drilling system on Veslefrikk. A new drilling control centre will also be installed and the control systems for […]

  • 30 April 2018
    Business & Finance, Exploration & Production

    Offshore driller Odfjell Drilling has bought the former Stena Midmax drilling rig and won a contract for it from Aker BP. 

  • 29 May 2019
    Business & Finance, Exploration & Production

    Odfjell Drilling booked a profit in the first quarter of the year on the back of higher revenues. Odfjell Drilling has seen an increased utilization of the harsh environment fleet driven by higher demand.

  • 29 January 2019
    Business & Finance

    UK oil major BP has extended the contract with Norway’s offshore drilling services company Odfjell Drilling for the provision of platform drilling services on the UK continental shelf. Under the contract, Odfjell Drilling will be providing platform drilling and maintenance services on three of BP’s platforms in the UK North Sea. The contract period is for two […]

  • 13 December 2016
    Business & Finance

    Oil company Wintershall Norge has awarded a contract for platform drilling services on the Brage platform, located on the Norwegian Continental Shelf, to Odfjell Drilling, a drilling services, well management, and engineering company.  Odfjell Drilling said on Tuesday that the firm contract is for four years and has an estimated contract value in the range […]

  • 27 February 2020
    Business & Finance, Exploration & Production

    Odfjell Drilling posted a decrease in quarterly profit despite increase in revenues driven by mobile offshore drilling units segment.

  • 8 October 2015
    Exploration & Production

    The Petroleum Safety Authority Norway (PSA) has found no irregularities after an audit of the Deepsea Bergen drilling rig in respect of structural safety. On September 21 and 22, 2015, the PSA carried out an audit of Odfjell Drilling’s ‘Deepsea Bergen’ while it was at the Aibel Haugesund yard. According to the PSA, the audit […]