Analyst Research

Report Title Price
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData
Provider: Thomson Reuters StreetEvents

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Northern Offshore Ltd's Subsidiaries Order Two Jackups for Delivery in 2016

Friday, 4 Oct 2013 12:00am EDT 

Northern Offshore Ltd announced that two of the Company's subsidiaries have executed contracts for the construction of two LeTourneau Super 116E Class jackup drilling rigs, with a priced option for the construction of two additional rigs of the same design. The yard contract price is less than USD180 million, with favorable tail-end-heavy payment terms. Delivery of the rigs is expected during the first and third quarters of 2016, respectively. Construction will be carried out by an experienced and well qualified Chinese shipyard. 

Company Quote

0.53 +6.41%
24 Oct 2014