Search results for: Prospector Offshore Drilling

118147 results

A list of search results

  • 25 November 2014
    Business & Finance, Exploration & Production

    Paragon Offshore, the largest shareholder of Prospector Offshore Drilling since last week, has lodged a formal request for an extraordinary general meeting of  the shareholders of Prospector Offshore Drilling S.A. to be convened. At the meeting, Paragon will seek to appoint new board of directors. To remind, Paragon Offshore last week acquired 93.5% of Prospector Offshore […]

  • 29 July 2013
    Business & Finance

    Prospector Offshore Drilling S.A. announced today that further to the announcement on 19 July 2013, one of the company’s subsidiaries has executed a contract with Total E&P UK Limited and Elf Exploration UK Limited for offshore drilling services in the North Sea with its jack-up rig, “PROSPECTOR 5”. The contract has an initial firm duration […]

  • 15 September 2014
    Business & Finance

    S.D. Standard Drilling is getting back into the drilling rigs game, but this time as an investor.

  • 8 April 2013
    Business & Finance

    Prospector Offshore Drilling S.A.,  a high specification jack-up drilling contractor  announced today that Total E&P UK Limited  has acknowledged, by letter, that the PROSPECTOR 1 rig’s shipyard delivery date will be put off and has formally said that they will not terminate the charter contract which was originally announced on 23 July 2012. “The company continues to work closely […]

  • 9 October 2014
    Business & Finance, Exploration & Production

    Prospector Offshore Drilling S.A. has informed that Prospector 1 rig  has been placed on Total E&P UK’s Franklin location in the central North Sea. The rig has now started its two year drilling services contract. In addition, Prospector has announced that Total is installing their equipment on Prospector 5 and acceptance testing is ongoing. At this time the rig […]

  • 28 April 2014
    Business & Finance

    Prospector Offshore Drilling S.A. announces that its newly formed subsidiary, Prospector Finance II S.à r.l. has secured a fully committed Senior Secured Credit Facility (the “Senior Credit Facility”), subject to documentation, in the amount of USD 270 million. Prospector Finance II S.à r.l. is also contemplating the issuance of a USD 100 million second lien bond (the “Bond […]

  • 12 November 2012
    Business & Finance

    Prospector Offshore Drilling S.A. has entered into a non-binding terms and conditions agreement with the China Development Bank Corporation for a senior secured credit facility to finance the final installment of the shipyard construction contract with Dalian Shipbuilding Industry Offshore Co., Ltd. The Facility is considered to be on prevailing market terms for this kind […]

  • 17 November 2014
    Exploration & Production

    Paragon Offshore, an offshore drilling contractor, has acquired 52,749,014 shares of Prospector Offshore Drilling S.A., a publicly traded offshore drilling company listed on Oslo Axess. Paragon acquired the shares at a price of 14.50 Norwegian kroner (NOK) per share, or $2.13 per share based on the exchange rate of one United States dollar to 6.80 NOK. […]

  • 9 September 2014
    Business & Finance, Equipment, Project & Tenders

    Prospector Offshore Drilling S.A. has announced that Total E&P UK Limited and ELF Exploration UK Limited has completed the preparation of the location for Prospector 1 drilling rig. Therefore, as of 5 September 2014 the rig is being compensated per its original contract at the mobilization rate. In addition, the company has announced that Prospector […]

  • 27 September 2013

    Prospector Offshore Drilling S.A. has taken delivery of PROSPECTOR 1, from Dalian Shipbuilding Industry Offshore Co., Ltd. in Dalian, China. PROSPECTOR 1 is the first in the Company’s series of six high specification, harsh environment jack-up drilling rigs built to the Friede and Goldman JU2000E design. The rig will now be mobilized to the UK sector of the North […]

  • 6 August 2013
    Business & Finance

    Prospector Offshore Drilling S.A. (PROS) said today that, further to the announcement made on 12 November 2012, one of the company’s subsidiaries has executed the necessary documentation for the senior secured loan facility with China Development Bank Corporation (“CDB”) for an amount up to USD 129.5 million. The Loan Facility is fully underwritten by CDB […]

  • 29 July 2013

    Prospector Offshore Drilling S.A. has executed a contract with Total E&P UK Limited and Elf Exploration UK Limited for offshore drilling services in the North Sea with its jack-up rig, “PROSPECTOR 5”. The Contract has an initial firm duration of 1095 days and Total will have the option to extend the initial firm duration by two periods of 12 […]

  • 9 July 2014
    Business & Finance, Equipment

    Wilhelmsen Technical Solutions (WTS) has received a repeat order to install its Unitor Low Expansion Foam fire extinguishing system on a second jack-up newbuilding for Prospector Offshore Drilling. The specialised fire-fighting systems will provide fire protection for the shale shakers and mud pits on PROSPECTOR 1 and PROSPECTOR 5 during their charters to Total E&P […]

  • 29 July 2013

    Prospector Offshore Drilling S.A.  announced today that one of the Company’s subsidiaries has executed a contract with Total E&P UK Limited and Elf Exploration UK Limited (Total) for offshore drilling services in the North Sea with its jack-up rig, PROSPECTOR 5. The contract has an initial firm duration of 1095 days and Total will have […]

  • 4 May 2012
    Business & Finance

    Prospector Offshore Drilling S.A. last week received a Letter of Award from Total E&P UK for a drilling contract in the U.K. North Sea for its first jack-up rig, “Prospector Rig 1”. The Award is subject to execution of a mutually-agreed drilling contract , which is expected to be completed later in the second quarter […]

  • 4 May 2012
    Business & Finance

    Prospector Offshore Drilling S.A. announced, April 25th, that one of its subsidiaries has received a Letter of Award (LoA) with Total E&P UK Limited and Elf Exploration UK Limited (together, “Total E&P UK”) for a drilling contract in the U.K. North Sea for its first jack-up rig, “Prospector Rig 1”. The Award is subject to […]

  • 15 November 2013
    Business & Finance

    Prospector Offshore Drilling S.A. announced today that its relevant group subsidiaries have entered into an agreement with Seadrill Jack-up Holding Ltd., a subsidiary of Seadrill Limited, for the sale and purchase of 100% of the shares and certain intercompany obligations of Prospector Rig 3 Owning Company S.à r.l., the subsidiary that is party to a […]

  • 24 July 2012
    Business & Finance, Equipment

    Prospector Offshore Drilling S.A. announced that further to the announcement on 25 April 2012, one of the Company’s subsidiaries has executed a contract (the “Contract”) with Total E&P UK Limited and Elf Exploration UK Limited  (“Total”) for offshore drilling services in the North Sea with its first jack-­‐up rig, “PROSPECTOR 1”. The Contract has an initial […]

  • 13 June 2014
    Business & Finance, Equipment

    Prospector Offshore Drilling S.A. expects that one of its subsidiaries will take delivery of PROSPECTOR 5, from the Shanghai Waigaoqiao Shipbuilding Co. Ltd (“SWS”) Shipyard in Shanghai, China, on Monday, 16 June 2014. PROSPECTOR 5 is the second in the Company’s series of five high specification, harsh environment jack-up drilling rigs built to the Friede […]

  • 13 June 2014
    Business & Finance

    Prospector Offshore Drilling S.A. (PROS) expects that one of its subsidiaries will take delivery of PROSPECTOR 5, from the Shanghai Waigaoqiao Shipbuilding Co. Ltd Shipyard in Shanghai (SWS), China on June 16. PROSPECTOR 5 is the second in the company’s series of five high specification, harsh environment jack-up drilling rigs built to the Friede and Goldman […]

  • 31 May 2011
    Business & Finance, Equipment

      TTS Energy AS, subsidiary of TTS Group ASA, has signed contracts with DSIC Offshore in Dalian, China, for delivery of four BOP handling packages for the JU2000E Jack-ups currently under construction at the yard for Prospector Offshore Drilling. The new contracts are in addition to the previous contracts for complete drilling packages for the […]

  • 27 September 2013
    Business & Finance

    Prospector Offshore Drilling S.A. today took delivery of PROSPECTOR 1, from Dalian Shipbuilding Industry Offshore Co., Ltd. in Dalian, China. PROSPECTOR 1 is the first in the Company’s series of six high specification, harsh environment jack-up drilling rigs built to the Friede and Goldman JU2000E design. The rig will now be mobilized to the UK […]