Fred. Olsen Energy ASA: Extension of Option for a Second Newbuild Drillship

Reference is made to notice to Oslo Stock Exchange dated 15th April 2011 regarding an option for a second newbuild drillship. A wholly owned subsidiary of Fred. Olsen Energy ASA and Hyundai Heavy Industries Co. Ltd. have agreed on an extension of the time limit for declaring this ...

Posted on 10/17/2011 / 0 comments / Read More

Daewoo Shipbuilding says wins $1.95 billion orders

Daewoo Shipbuilding & Marine Engineering said on Monday that it had secured a combined $1.95 billion worth of deals. The South Korean shipbuilder said in a statement that it had signed a $1.4 billion deal to construct an offshore natural gas platform in Australia...

Posted on 10/17/2011 / 0 comments / Read More

Atwood Oceanics Announces Contract for the Atwood Condor

ATWOOD OCEANICS, INC., announced that one of its subsidiaries has been awarded a drilling services contract by Hess Corporation for work in the Gulf of Mexico for the Atwood Condor, Atwood's ultra-deepwater, dynamically positioned Friede & Goldman...

Posted on 10/17/2011 / 0 comments / Read More