Search results for: arctic III

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  • 7 November 2011
    Business & Finance

    Providence Resources P.l.c., (“Providence”) the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, announced that it has taken delivery of the GSF Arctic III (“Arctic III”) semi-submersible drilling rig for the upcoming appraisal drilling programme at Barryroe. The Arctic III came under contract on Saturday, November 5th and the rig […]

  • 7 November 2011
    Business & Finance

    Providence Resources P.l.c., (“Providence”) the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, announced that it has taken delivery of the GSF Arctic III (“Arctic III”) semi-submersible drilling rig for the upcoming appraisal drilling programme at Barryroe. The Arctic III came under contract on Saturday, November 5th and the rig […]

  • 17 January 2014

    Transocean has secured a $48 million drilling contract for its GSF Arctic III semi-submersible rig. The rig will be used by Chevron on a two-well contract in the U.K. sector of the North Sea at a dayrate of $410,000. The rig’s previous dayrate was $339,000. Furthermore, in its fleet status report issued yesterday, the Swiss-based offshore drilling contractor said […]

  • 25 April 2013
    Business & Finance

    Hurricane Energy plc has taken assignment of a rig contract between Transocean and ATP for the provision of the GSF Arctic III semi-submersible drilling rig, for a one well slot, to be utilised in drilling and testing the Company’s Lancaster basement oil discovery, located 60 miles West of Shetland. Drilling is expected to start in the […]

  • 31 January 2012
    Business & Finance

    Providence Resources Plc. has awarded TWMA with the contract for the handling and treatment of drill cuttings from the GSF Arctic III rig in the Celtic sea. It is the second contract for TWMA in the region and will involve a skip-and-ship operation to transport the cuttings from the Barryroe well offshore Cork in Southern […]

  • 22 December 2014

    Irish oil and gas exploration firm Providence Resources has informed that it has won a court case against offshore drilling contractor Transocean. In a statement issued Monday morning, Providence Resources said that a Judgment was handed down by the Hon. Justice Popplewell on Friday, 19 December, 2014 in the Commercial Court in London. The company explained that […]

  • 9 November 2016
    Exploration & Production

    Irish oil and gas explorer Providence Resources has been denied a right to appeal to a court ruling in a case against offshore driller Transocean. Providence was seeking permission to appeal the Court of Appeal decision brought on April 13, 2016, regarding a prior litigation between Providence and Transocean over the use of the semi-submersible […]

  • 18 April 2011
    Business & Finance

    Providence Resources Plc (“Providence”), the AIM and IEX listed company,  has secured a semi-submersible rig for its well programme in the Celtic Sea during the summer of 2011. This forms part of Providence’s previously announced multi-year, multi-basin drilling programme, offshore Ireland. Under the terms of the deal agreed, Providence, as Operator, has hired the semi-submersible rig, the GSF ARCTIC […]

  • 4 July 2011
    Business & Finance, Operations & Maintenance

      Providence Resources P.l.c. the Irish oil and gas exploration and production company, whose shares are listed in London and Dublin,  announces that it has, on behalf of itself and its partners, successfully completed the 3D seismic acquisition project over the Barryroe oil discovery in the North Celtic Sea, offshore Ireland. The partners believe that […]

  • 4 July 2011
    Business & Finance

    Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (ESM), announces that it has, on behalf of itself and its partners, successfully completed the 3D seismic acquisition project over the Barryroe oil discovery (“Barryroe”) in the North Celtic Sea, offshore Ireland. The […]

  • 19 March 2015
    Business & Finance, Exploration & Production

    Transocean Ltd. has issued its monthly Fleet Update Summary according to which the company intends to scrap four of its rigs.  In December last year, Transocean also announced it is scrapping seven lower-specification deepwater and midwater floaters. Transocean intends to scrap the Deepwater Expedition, Transocean Legend, Transocean Rather, and GSF Arctic III. The company says that […]

  • 6 May 2014
    Business & Finance, Project & Tenders

    Transocean Ltd. has announced that it intends to pursue the creation of an entity comprising eight of its UK North Sea midwater drilling rigs. The company expects to establish the new entity, Caledonia Offshore Drilling Company, during the second half of 2014 and, at an appropriate stage, separate Caledonia from Transocean. The offshore drilling assets […]

  • 9 June 2011
    Business & Finance

    Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (ESM),  announced that it has, on behalf of itself and its partners, commenced its 3D seismic acquisition project in the north Celtic Sea, offshore Ireland. The survey, which is expected to be completed […]

  • 13 April 2016
    Exploration & Production

    Irish oil and gas company Providence Resources has requested a temporary suspension in trading of its shares on in London (AIM) and (ESM) in advance of a final court decision regarding a dispute with Transocean. The oil company in 2014 won a case against Transocean Drilling UK Limited, related to certain cost claims made by Transocean […]

  • 2 July 2013

    Hurricane Energy plc announces it will not be carrying out its expected operations for the horizontal well on its Lancaster discovery this summer. Hurricane had contracted to use the Global Arctic III rig but has elected not to proceed with the programme due to extensive delays outside of Hurricane’s control that have prevented the Company being […]

  • 19 October 2011
    Business & Finance

    Providence Resources P.l.c., („Providence‟) the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, today provided an update on its upcoming appraisal drilling programme in the North Celtic Sea  Basin, offshore southern Ireland.  *The Barryroe partners have been awarded Standard Exploration Licence 1/11 (“Licence”) over the Barryroe oil discovery by the […]

  • 14 December 2011
    Business & Finance, Operations & Maintenance

    Providence Resources P.l.c., the London and Dublin  listed oil and gas exploration and production company, provides an interim update on its appraisal drilling programme in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10 Barryroe well is located in c. 100 m water depth c. 50 km offshore Ireland in Standard Exploration Licence (SEL) […]

  • 14 December 2011
    Business & Finance

      Providence Resources P.l.c., the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, today provided an interim update on its appraisal drilling programme in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10 Barryroe well is located in c. 100 m water depth c. 50 km offshore Ireland in […]

  • 21 November 2011
    Business & Finance

    Providence Resources P.l.c., has started with drilling operations at Barryroe, located in Standard Exploration Licence 1/11 in the North Celtic Sea Basin, offshore southern Ireland. Providence owns a 50% interest in the Licence and operates on behalf of its partners San Leon Energy Plc (30%) and Lansdowne Oil & Gas Plc (20%). Drilling of the […]

  • 13 April 2016
    Exploration & Production

    An appeals court in London has issued a final ruling in a case between the Irish oil and gas exploration company Providence, and Transocean, one of the world’s largest offshore drilling contractors.  The dispute began in 2012 when Transocean laid a claim for Providence to pay $19 million in outstanding dayrates for the use of […]

  • 20 September 2019

    GTT, the LNG containment system designer has received approval in principle (AiP) from Bureau Veritas for its Mark III Flex system specifically designed and modified for Arctic operations.

  • 9 June 2011
    Business & Finance, Operations & Maintenance

    Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are listed in London and Dublin , announces that it has, on behalf of itself and its partners, commenced its 3D seismic acquisition project in the north Celtic Sea, offshore Ireland. The survey, which is expected to be completed within 2 […]