Search results for: UDW

295 results

A list of search results

  • 6 February 2018
    Business & Finance, Exploration & Production

    World’s largest offshore driller Transocean is reportedly set to reactivate its 2010-built ultra-deepwater drillship Discoverer India.

  • 30 December 2014

    Seadrill Limited, an offshore drilling contractor, has exercised a purchase option for the West Polaris, a 6th generation Ultra-Deepwater drillship, from Ship Finance International Limited. The West Polaris was acquired by Ship Finance in 2008 and subsequently bareboat chartered to Seadrill with purchase options starting 2012. The purchase option price is $456 million and total […]

  • 25 September 2014
    Business & Finance, Research & Development

    Maersk Drilling’s fourth ultra deepwater drillship was named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lene Berg, wife of Gregers Kudsk, Vice President in Maersk Drilling, had the honour of naming the drillship Maersk Voyager. Maersk Voyager is the fourth in a series of four […]

  • 15 April 2014
    Business & Finance

    Tug Fairmount Sherpa has towed rig Sevan Louisiana safely from Singapore to Curaçao. During the 11,500 miles voyage via Cape of Good Hope, stops were made in Port Louis (Mauritius), Walvis Bay (Namibia) and Port of Spain (Trinidad) to take bunkers and for crew changes. The Sevan Louisiana is a so called Ultra Deep Water […]

  • 28 February 2014

    CIMC Raffles has begun the construction of Frigstad’s second ultra-deepwater submersible drilling rig. The steel cutting for UDW rig ‘Beta’ was held today, 28th February, at the CIMC Haiyang yard. The rig is based on the D90 design developed by Frigstad Engineering. Frigstad Deepwater Rig Beta belongs to the latest generation of ultra-deepwater semi-submersible drilling […]

  • 6 February 2014
    Business & Finance

    Diamond Offshore has taken delivery of the Ocean BlackHawk, the first of four newbuild ultra-deepwater drillships. According to Diamond Offshore’s President and Chief Executive Officer Larry Dickerson, the vessel will soon begin a journey to the U.S. Gulf of Mexico, where it will embark on a five year contract with Anadarko. Mr. Dickerson also informed […]

  • 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 […]

  • 23 December 2013

    Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, today announced that it 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 rig was built at Samsung Heavy Industries Shipyard in […]

  • 10 October 2013
    Business & Finance

    Maersk Drilling’s first ultra deepwater drillship was named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Mrs. Nathalie Newman, wife of Mr. Harry E. Newman Jr., ExxonMobil Global Drilling Manager, had the honour of naming the drillship, Maersk Viking. Maersk Viking is the first in a […]

  • 23 September 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Vantage Drilling Company  announced today that the ultra-deepwater drillship, Tungsten Explorer, commenced initial operations in Southeast Asia on the morning of September 20, 2013. Vantage also announced that the Sapphire Driller has received a Letter of Intent for an eighteen month contract plus options to work in West Africa. This contract will replace the previously […]

  • 9 September 2013
    Business & Finance, Project & Tenders

    Ensco plc has taken delivery of ENSCO DS-7, an advanced-capability, ultra-deepwater drillship. The vessel will embark from the Samsung Heavy Industries shipyard in South Korea to Angola, where it is contracted to Total for three years beginning in the fourth quarter at an initial day rate in the mid $610,000s. ENSCO DS-7 is the third […]

  • 9 September 2013
    Business & Finance

    Ensco plc has taken delivery of ENSCO DS-7, an advanced-capability, ultra-deepwater drillship. The vessel will embark from the Samsung Heavy Industries shipyard in South Korea to Angola, where it is contracted to Total for three years beginning in the fourth quarter at an initial day rate in the mid $610,000s. ENSCO DS-7 is the third Ensco […]

  • 4 September 2013
    Business & Finance, Project & Tenders

    DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary, Ocean Rig UDW Inc., of offshore deepwater drilling services, today announced that Ocean Rig: $1.35 billion Bank Facility Ocean Rig announced that it has signed a supplemental agreement to amend certain provisions in its $1.35b Senior Secured Facility […]

  • 9 August 2013
    Business & Finance

    Ocean Rig UDW Inc., an international contractor of offshore deep-water drilling services today announced its unaudited financial and operating results for the second quarter ended June 30, 2013. The Company recorded a net income of $38.8 million, or $0.29 basic and diluted earnings per share, for the three-month period ended June 30, 2013, as compared […]

  • 6 August 2013
    Business & Finance, Project & Tenders

    Rowan Companies plc (“Rowan” or the “Company”) announced that one of its subsidiaries has entered into a three-year contract with Cobalt International Energy, L.P. (“Cobalt”) for the Rowan Reliance, one of Rowan’s new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industries Co. Ltd. (“HHI”) shipyard in Ulsan, South Korea. The drillship is expected […]

  • 23 July 2013
    Business & Finance

    Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced today that it has signed definitive documentation with Total E&P Angola, following the previously announced Letter of Award, for its ultra deepwater drillship “Ocean Rig Skyros”. The contract is for 5 wells or a minimum of 275 days for drilling offshore West Africa, with an estimated backlog of approximately $190 million, […]

  • 15 July 2013
    Business & Finance, Project & Tenders

    Seadrill Limited (“Seadrill” or “the Company”) has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be below US$600 million per unit (including project management, drilling and […]

  • 15 July 2013
    Business & Finance

    Seadrill Limited has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be below US$600 million per unit (including project management, drilling and handling tools, spares, capitalized […]

  • 15 July 2013

    Seadrill Limited (Seadrill) has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the Daewoo Shipbuilding & Marine Engineering (DSME) yard and the other two at the Samsung Heavy Industries shipyard, in South Korea. The project value price is estimated to be below US$600 million per unit (including […]

  • 24 June 2013
    Business & Finance, Project & Tenders

    Atwood Oceanics, Inc. (the “Company”) announced that one of its subsidiaries has entered into a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd. (“DSME”) to construct a fourth ultra-deepwater drillship, to be named the Atwood Archer, at the DSME yard in South Korea. The Atwood Archer is expected to be delivered by […]

  • 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, […]

  • 23 May 2013
    Business & Finance

    Ocean Rig UDW Inc., an international contractor of offshore deepwater drilling services, announced its unaudited financial and operating results for the first quarter ended March 31, 2013. The Company reported a net income of $6.4 million, or $O.05 basic and diluted earnings per share. Also, the Company reported Adjusted EBITDA of $104.7 million for the […]

  • 18 April 2013
    Business & Finance, Project & Tenders

    Noble Corporation announced that the Company has entered into two three-year term drilling contracts with Plains Exploration & Production Company for the Noble Sam Croft and the Noble Tom Madden, two of Noble’s new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industries Co. Ltd. (HHI) shipyard in Ulsan, South Korea. The drillships, which […]

  • 22 March 2013
    Business & Finance

    Mitsui, MOL and Marubeni will invest in a long-term charter business operated by MODEC for the purpose of providing a floating production, storage, and offloading system (“the FPSO,”) for use in the Iracema Norte area of a pre-salt oil field off the coast of Brazil.  For this Project, Mitsui, MOL and Marubeni will invest in […]

  • 5 February 2013

    Ocean Rig UDW Inc. (Ocean Rig), 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 […]