Search results for: West Capricorn

61136 results

A list of search results

  • 8 November 2011
    Business & Finance

    Sembcorp Marine’s subsidiary Jurong Shipyard and Seadrill Limited set a key milestone on November 5, 2011 with the double naming of high-specification, ultra-deepwater semi-submersible drilling rigs West Capricorn and West Leo. The double rig naming – a first for Seadrill and Jurong Shipyard – witnessed the christening of West Capricorn by Ms Evelyn MacLean and […]

  • 8 November 2011
    Business & Finance

    Sembcorp Marine’s subsidiary Jurong Shipyard and Seadrill Limited set a key milestone on November 5, 2011 with the double naming of high-specification, ultra-deepwater semi-submersible drilling rigs West Capricorn and West Leo. The double rig naming – a first for Seadrill and Jurong Shipyard – witnessed the christening of West Capricorn by Ms Evelyn MacLean and […]

  • 26 April 2017
    Exploration & Production

    Offshore deepwater drilling contractor Seadrill has received notification from British oil giant BP to begin preparations to return the West Capricorn semi-submersible drilling rig back in operation. The 2011-built West Capricorn rig is under a long-term contract with the UK oil major operating in the U.S. Gulf of Mexico. Seadrill said on Wednesday that the […]

  • 20 July 2018
    Exploration & Production

    ABS has issued the managed pressure drilling notation to Seadrill for the West Capricorn semi-submersible drilling rig.

  • 17 June 2019
    Exploration & Production

    Kosmos has hired a Seadrill semi-submersible drilling rig for operations in the U.S. Gulf of Mexico

  • 19 April 2019
    Exploration & Production

    Offshore drilling contractor Seadrill Partners has received early termination notice for the West Capricorn rig contract approximately three months ahead of schedule.

  • 7 October 2011
    Business & Finance

      Seadrill has entered into a Memorandum of Understanding with a major oil company for a five-year contract for operations in North America with the ultra-deepwater semi-submersible rig West Capricorn. The potential contract value for the firm five-year period is US$919 million, which includes a US$30 million mobilization fee. The oil company has the right […]

  • 30 March 2015
    Exploration & Production

    British oil giant BP has terminated a contract for the West Sirius semi-submersible drilling rig, owned by Seadrill Partners. In a statement issued today, Seadrill said the termination would become effective by early May 2015, following the rig completing the current well and demobilization. The rig is operating in the U.S. Gulf of Mexico. Prior […]

  • 7 October 2011
    Business & Finance

    Seadrill has entered into a Memorandum of Understanding with a major oil company for a five-year contract for operations in North America with the ultra-deepwater semi-submersible rig West Capricorn. The potential contract value for the firm five-year period is US$919 million, which includes a US$30 million mobilization fee. The oil company has the right to […]

  • 10 October 2011
    Business & Finance

        Seadrill Limited has successfully secured commitments from a group of commercial lending institutions and export credit agencies for a new US$550 million senior secured credit facility. The new facility has a tenor of five years and a 10 years amortization profile. Interest on the loan and the set of financial covenant is in […]

  • 4 December 2013
    Business & Finance

    Seadrill Partners LLC  announced today that it priced its offering of 11,200,000 common units representing liability company interests in a public offering at a price of $29.50 per common unit. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,680,000 common units.   In addition, and concurrently with the […]

  • 22 August 2018
    Exploration & Production

    Offshore drilling company Seadrill Partners’ second-quarter revenues rose, boosted by a rig litigation win.

  • 19 June 2014

    Seadrill Partners LLC  plans to offer 6,100,000 common units representing limited liability company interests in a public offering. In addition, Seadrill Limited (“Seadrill”) has agreed to purchase directly from Seadrill Partners, in a private placement, at least $100.0 million of common units to close concurrently with the public offering of common units. The Company intends […]

  • 15 October 2012

    Seadrill Partners, today announced that it has started an initial public offering of 8,750,000 common units, and, according to Reuters, the company plans to raise as much as $193 million. Seadrill Partners, a subsidiary of international drilling contractor Seadrill Limited, intends to grant the underwriters a 30-day over-allotment option to purchase up to 1,312,500 additional […]

  • 4 January 2013

    Songa Offshore SE yesterday finalised the formal handover of Songa Eclipse to Seadrill in line with the Memorandum of Agreement from November 2012. As previously reported, Songa’s net proceeds from the sale is USD 590 million. After repayment of debt, the net cash effect from the sale proceeds will be approximately USD 285 million. “With […]

  • 16 November 2012
    Business & Finance

    A subsidiary of Seadrill has entered into an agreement with Songa Offshore to acquire the ultra-deepwater semi-submersible rig Songa Eclipse for a consideration of US$590 million. The rig was delivered from the Jurong Shipyard in Singapore in 2011, and is currently operating for Total offshore Angola on a fixed contract ending in December 2013. In […]

  • 16 November 2012

    Songa Offshore has agreed to sell the ultra deepwater semi-submersible rig “Songa Eclipse” to Seadrill. The rig is sold for net sale proceeds of USD 590 million. The ultra-deepwater semi-submersible rig was delivered from the Jurong Shipyard in Singapore in 2011, and is currently operating for Total offshore Angola on a fixed contract ending in […]

  • 27 September 2019
    Exploration & Production, Project & Tenders

    Bahamas Petroleum Company has further cut the estimated cost of its upcoming exploration well in the Bahamas, as it is working to secure the cash needed for drilling.

  • 21 March 2011

    Scheduled for delivery in third quarter 2013, this new turnkey jack-up rig will have similar design and specification as the West Elara, a Gusto MSC CJ70 150A harsh-environment jack-up rig that Jurong Shipyard is currently building for Seadrill. On completion, this advanced harsh-environment, high-specification drilling unit will be one of the largest jack-ups in the […]

  • 28 August 2013
    Business & Finance

    Seadrill, one of the world’s largest offshore drilling contractors,  today announced  that its net income for the second quarter 2013 was US$1,750 million. To remind, for the same quarter 2012, Seadrill’s reported net income was $554 million. This year’s 2Q income was improved by a $1.25 billion gain on sale of tender rig business to Malaysia’s […]

  • 27 June 2011
    Business & Finance

      West Elara – the first of two ultra-large, high-specification, harsh-environment Gusto MSC CJ70 150A jack-up rigs built by Sembcorp Marine’s subsidiary Jurong Shipyard for North Atlantic Drilling, a subsidiary of Seadrill Limited – is poised to make rigbuilding history in Singapore as the nation’s largest jack-up newbuild following its turnkey construction success. Classed among […]

  • 27 June 2011
    Business & Finance

    West Elara – the first of two ultra-large, high-specification, harsh-environment Gusto MSC CJ70 150A jack-up rigs built by Sembcorp Marine’s subsidiary Jurong Shipyard for North Atlantic Drilling, a subsidiary of Seadrill Limited – is poised to make rigbuilding history in Singapore as the nation’s largest jack-up newbuild following its turnkey construction success. Classed among the […]