Search results for: S.D Standard Drilling

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  • 13 June 2017
    Business & Finance

    Cyprus-based S.D. Standard Drilling has named a new chief financial officer with effect from July 1, 2017. The company previously announced that Espen Lundaas, the interim CFO of Standard Drilling, was considering resigning from his position due to other commitments. Standard Drilling said on Monday that Christos Neocleous has now been appointed as the new CFO […]

  • 19 January 2017
    Business & Finance

    S.D. Standard Drilling has made plans to buy three large Norwegian-built platform supply vessels (PSVs) on a wholly owned basis, increasing its fleet to 10 PSVs.  The company informed on Thursday that, through wholly owned subsidiaries, it has agreed to acquire the three ST-216L CD PSVs Volstad Viking, Volstad Supplier and Volstad Princess from Volstad Shipping. […]

  • 25 April 2019

    S.D. Standard Drilling has bought a platform supply vessel of a Havyard 832 design for just a little over $8 million. 

  • 25 January 2017
    Business & Finance

    S.D. Standard Drilling has secured 15.6% ownership in New World Supply, a Cayman Island exempted company that, through its wholly owned subsidiaries, owns six platform supply vessels. The company recently increased its fleet to ten PSVs after buying three large Norwegian-built PSVs from Volstad Shipping. Standard Drilling said on Wednesday that the six new vessels are all […]

  • 4 January 2017
    Business & Finance

    S.D Standard Drilling continues its investment into the PSV market with a fresh investment of $5.215 million for two platform supply vessels. The company now co-owns seven PSVs.  To remind, the company, that used to be an offshore drilling contractor, entered the PSV market in August last year with the acquisition of 20 percent stake in PSV […]

  • 15 September 2014
    Business & Finance

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

  • 13 November 2017

    S.D. Standard Drilling has taken delivery of two large platform supply vessels (PSVs), increasing its fleet to 18.

  • 15 March 2018

    S.D Standard Drilling has invested $1.72 million corresponding to 25.5% of two PSVs, increasing the fleet to 20 vessels.

  • 22 January 2019
    Business & Finance

    S.D. Standard Drilling has secured term contracts for all five of its large platform supply vessels with potential for entire winter coverage for all its large size vessels. 

  • 3 April 2017
    Business & Finance

    S.D. Standard Drilling has further increased its ownership in a company which holds six platform supply vessels previously owned by the financially distressed vessel owner, World Wide Supply.  S.D. Standard Drilling said on Saturday it has entered into agreements with Hof-Hoorneman Bankiers NV and Ulf Johan Rieber to acquire a total of 933,143 shares in New […]

  • 22 March 2017

    S.D. Standard Drilling has increased its stake in a company which owns six platform suppliers previously owned by World Wide Supply, a financially distressed offshore vessel owner. S.D. Standard Drilling informed on Wednesday it has entered into an agreement with Royal London Asset Management (RLAM) to acquire 2,500,000 shares in New World Supply (NWS), corresponding […]

  • 21 March 2019
    Business & Finance

    Norwegian offshore vessel owner Standard Drilling has scored three longer-term contracts for its platform supply vessels.

  • 12 August 2016

    Standard Drilling, the used-to-be drilling contractor, is moving into the offshore support vessels sector. More precisely, the company has entered the platform supply vessel market with the acquisition of 20 percent stake in PSV Opportunity I DIS for $2.4 million. PSV owns three mid-sized PSV vessels (VS 470 MK II). The vessels were built at […]

  • 17 July 2017
    Business & Finance

    One of three large S.D. Standard Drilling’s (SDSD) platform supply vessels (PSVs) has begun a one-year term charter with energy logistics provider Peterson. The vessel owner said on Monday that the vessel in question was the PSV Standard Viking. According to SDSD, Peterson has the option to extend the term charter by two one-year deals […]

  • 13 October 2017

    S.D Standard Drilling has invested into two more platform supply vessels (PSVs). The company, which used to be an offshore drilling contractor, entered the PSV market in August last year with the acquisition of 20 percent stake in PSV Opportunity I DIS for $2.4 million, which owns three mid-sized PSV vessels built in 2005 and […]

  • 23 November 2018

    Standard Drilling has increased its ownership stake in New World Supply (NWS) and four of its platform supply vessels.

  • 20 April 2012
    Business & Finance

    S.D. Standard Drilling Plc (“Standard” or “Standard Drilling”) (Oslo: SDSD), a pure play jackup company, today announced the appointment of Johnathan P. Roberts as Operations Manager. In this newly established role, Mr. Roberts will oversee the commissioning, testing and documentation of equipment components and interfacing systems of each rig currently under construction at Keppel FELS […]

  • 2 August 2013
    Business & Finance

    GSP Offshore announces the appointment of Mr. Geir Johansen as new Chief Financial Officer. The nomination of Geir Johansen as GSP’s new CFO becomes effective with August 1, 2013. Mr. Johansen has extensive international managerial experience including mergers and acquisitions, equity and capital market activities, operations management, corporate support, quality assurance, human resources and information […]

  • 2 August 2013
    Business & Finance

    GSP Offshore announces the appointment of Geir Johansen as GSP’s new Chief Financial Officer. The nomination of Johansen as GSP’s new CFO is effective from August 1, 2013. Johansen has extensive international managerial experience including mergers and acquisitions, equity and capital market activities, operations management, corporate support, quality assurance, human resources and information and communications […]

  • 16 May 2011

      Keppel FELS Limited’s (Keppel FELS) returning customer, Oslo-listed S.D. Standard Drilling Plc (Standard Drilling), has ordered four repeat KFELS B Class rigs worth US$772 million. Successive deliveries of these units are scheduled between 2H2013 and 1H2014. Standard Drilling ordered its first jackup rig from Keppel FELS in November 2010 with two options. In addition, […]

  • 16 May 2011
    Business & Finance

      Keppel FELS Limited’s (Keppel FELS) returning customer, Oslo-listed S.D. Standard Drilling Plc (Standard Drilling), has ordered four repeat KFELS B Class rigs worth US$772 million. Successive deliveries of these units are scheduled between 2H2013 and 1H2014. Standard Drilling ordered its first jackup rig from Keppel FELS in November 2010 with two options. In addition, […]

  • 9 February 2017

    S.D Standard Drillling has taken delivery of three platform supply vessels from Volstad Shipping. Standard Drilling announced the purchase of Volstad’s three Norwegian-built PSVs on January 19, 2017, for a consideration of $40 million. The vessels, of a ST-216L CD type, are Volstad Viking, Volstad Supplier and Volstad Princess. They were all built at Aker Brattvaag, Norway in […]