Search results for: UDW

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  • 30 May 2011
    Business & Finance

      Sevan Drilling ASA announces that its subsidiaries  have entered into contracts with Cosco Shipyard for the construction of two new build ultra deepwater (“UDW”) drilling rigs, Sevan UDW3 and Sevan UDW4, for delivery in Q4 2013 and Q2 2014 respectively. The total all-in turnkey price under the construction contracts is USD 526 mill per […]

  • 4 August 2011
    Business & Finance

    DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced today that its Board of Directors has approved the partial spin-off of its interest in the Company’s majority-owned subsidiary Ocean Rig UDW Inc., of which DryShips currently owns approximately 78% of the issued and […]

  • 30 May 2011
    Business & Finance

      Sevan Drilling ASA announces that its subsidiaries  have entered into contracts with Cosco Shipyard for the construction of two new build ultra deepwater (“UDW”) drilling rigs, Sevan UDW3 and Sevan UDW4, for delivery in Q4 2013 and Q2 2014 respectively. The total all-in turnkey price under the construction contracts is USD 526 mill per […]

  • 5 August 2011
    Business & Finance

    DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced today that its Board of Directors has approved the partial spin-off of its interest in the Company’s majority-owned subsidiary Ocean Rig UDW Inc., of which DryShips currently owns approximately 78% of the issued and […]

  • 16 October 2014
    Business & Finance, Project & Tenders

    The Netherlands Organisation for Scientific Research (NWO) has announced a new call for proposals under the ‘Urbanising Deltas of the World’ (UDW) research programme, and initiates a bottom-up process to further define the content and conditions of the next call. The aim of the UDW programme is to contribute to global water safety, water and […]

  • 13 October 2011
    Business & Finance

    Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that it has entered into drilling contracts for three additional wells offshore West Africa, with two independent oil operators based in the UK and the USA respectively, for the semi-submersible rig Eirik Raude. The total revenue backlog, excluding mobilization cost, to complete […]

  • 15 October 2012
    Business & Finance

    Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced today that it has signed a contract to construct a 7th Generation Ultra Deepwater Drillship at Samsung Heavy Industries. This 7th Generation drillship is a sister ship to the three currently under construction at Samsung, and is scheduled to be delivered to […]

  • 25 March 2011

    The board of Sevan Marine ASA (“Sevan Marine”) will today submit an application for a listing of Sevan Drilling ASA (“Sevan Drilling”) as an independent company on the main list of the Oslo Stock Exchange. Sevan Marine has decided to organize Sevan Marine’s drilling activities into a new company to further grow and develop its […]

  • 25 March 2011
    Business & Finance

    The board of Sevan Marine ASA (“Sevan Marine”) will today submit an application for a listing of Sevan Drilling ASA (“Sevan Drilling”) as an independent company on the main list of the Oslo Stock Exchange. Sevan Marine has decided to organize Sevan Marine’s drilling activities into a new company to further grow and develop its […]

  • 17 June 2013
    Business & Finance

    Ocean Rig UDW Inc. , a global provider of offshore deepwater drilling services, announced today that it has received a Letter of Award for its ultra deepwater drillship “Ocean Rig Skyros”, from a major oil company. The Letter of Award is for 5 wells or a minimum of 275 days contract for drilling offshore West Africa, with an estimated […]

  • 24 December 2013
    Business & Finance

    Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, yesterday announced that it successfully took delivery of its newbuilding drillship, the Ocean Rig Skyros, on Friday, December 20, 2013. The drillship is currently mobilizing to offshore Angola to commence drilling operations with Total. The company owns and operates 11 offshore ultra deepwater […]

  • 26 November 2012

    STX Offshore & Shipbuilding has confirmed that it has made effective a turn-key construction contract of one BT-UDS dynamic-positioned Ultra Deep Water(UDW) drillship plus options for four additional units from Sigma Drilling Ltd. a company established by Skeie Technology AS in Norway. The estimated value of the contract is USD 672 million, amounting up to […]

  • 18 April 2012
    Business & Finance, Equipment

    Sevan Drilling, an international drilling contractor specializing in the ultra deepwater (UDW) segment, has reported that on Friday afternoon, during a routine pressure test of the BOP a leak was found in a control line of Sevan Driller ultra deepwater rig. To replace the control line the BOP has been pulled and repairs are underway. “We […]

  • 20 October 2014
    Business & Finance, Exploration & Production

    Ocean Rig UDW Inc. has been awarded extensions of the drilling contracts for its two ultra deepwater drillships, the Ocean Rig Corcovado and the Ocean Rig Mykonos, by Petrobras.  The drillships will be used for drilling offshore Brazil. The term of each extension is for 1,095 days with a total combined revenue backlog of over […]

  • 8 August 2013
    Business & Finance

    Ocean Rig UDW has announced it has secured a drilling contract for its under-construction drillship Ocean Rig Apollo. The company, in its 2Q release, announced that definite documentation for the deal was signed with Total E&P Congo on July 30,2013. The contract is for a three-year drilling campaign offshore West Africa, with an estimated backlog […]

  • 24 June 2011
    Business & Finance

      DryShips Inc. , a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced that its majority owned  subsidiary, Ocean Rig UDW Inc., exercised its third newbuilding option to construct a 7th Generation Ultra Deepwater Drillship at Samsung Heavy Industries. This 7th generation drillship is a […]

  • 24 June 2011
    Business & Finance

    DryShips Inc. , a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced that its majority owned  subsidiary, Ocean Rig UDW Inc., exercised its third newbuilding option to construct a 7th Generation Ultra Deepwater Drillship at Samsung Heavy Industries. This 7th generation drillship is a sister […]

  • 7 May 2015
    Business & Finance

    The Norwegian AGR and SP Offshore have entered into a Memorandum of Understanding (MoU) under which AGR will provide a range of exploration services and the drilling of an ultra-deepwater (UDW) well off the Comoros Islands. AGR remarks that SP Offshore, through its subsidiary SPO E&P (Comoros) SARL, works exclusively for Western Energy (USA) and […]

  • 18 October 2010

    DryShips has announced that its fully-owned subsidiary Ocean Rig UDW has signed for a five-well contract for exploration drilling offshore Ghana and Cote d’Ivoire with one drillship, commencing in the second quarter of 2011.

  • 5 February 2013
    Business & Finance

    Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services has received a $1.35 billion Bank Facility firm commitments from lenders for a $1.35 billion syndicated secured term loan to partially finance the construction costs of the Ocean Rig Mylos, the Ocean Rig Skyros and the Ocean Rig Athena. Ultra-deepwater drillships newbuilding hulls […]

  • 9 November 2011

    DryShips Inc confirmed market speculation that its Ocean Rig UDW drilling unit was bidding to rent out five new drillships…  (Reuters) [mappress] Source: Reuters, November 9, 2011; Image: Ocean Rig    

  • 9 November 2011

    DryShips Inc confirmed market speculation that its Ocean Rig UDW drilling unit was bidding to rent out five new drillships to Brazilian stat… Source: Reuters [mappress] Source: Reuters, November 9, 2011; Image: Ocean Rig