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Oil & Gas Drilling

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Kuwait's Al Safat Energy board appoints Naser Al Sharhan as CEO

Thursday, 22 Jun 2017 03:07am EDT

June 22 (Reuters) - Al safat energy holding ::Board appoints Naser Badr Al Sharhan as CEO.Khalid Emadeddin Ali resigns as CEO.

Mitchell Services announce its material expansion into New South Wales Hunter Valley

Tuesday, 20 Jun 2017 09:52pm EDT

June 21 (Reuters) - Mitchell Services Ltd :Asx alert-new south wales contract awards and market expansion-msv.ax.Announce its material expansion into new south wales hunter valley with award of multiple contracts in region.

Ocean Rig UDW announces decision by Highland Capital Management

Monday, 19 Jun 2017 09:00am EDT

June 19 (Reuters) - Ocean Rig Udw Inc :Ocean rig udw inc. Announces decision by highland capital management lp not to pursue objections to recognition of cayman proceedings by u.s. Bankruptcy court.Ocean rig udw inc says schemes will affect only financial indebtedness; operations will continue unaffected.Ocean rig udw says ‍creditors holding in excess of 90% of affected claims of each scheme company have signed or acceded to rsa and support schemes​.

Archer refinancing plan wins Bermuda court backing

Friday, 16 Jun 2017 10:08am EDT

June 16 (Reuters) - Archer Ltd :Says pleased to announce that the scheme of arrangement in connection with debt refinancing of company was sanctioned by supreme court of bermuda.Completion of refinancing is planned to become effective on or before next interest payment date on 29 june 2017.Refinancing provides archer with sufficient liquidity going forward and no fixed amortizations before march 31, 2020.

Transocean Ltd. announces cash tender offers

Tuesday, 13 Jun 2017 08:23am EDT

June 13 (Reuters) - Transocean Ltd ::Transocean Ltd. Announces cash tender offers.Commenced cash tender offers to purchase up to U.S. $1.5 billion aggregate principal amount of a series of notes.Transocean ltd - tender offers will expire at 11:59 p.m., New York City time, on July 11, 2017, unless extended or earlier terminated by Transocean.

Boart Longyear updates on proceedings by entities associated with Anthony Maurici

Monday, 12 Jun 2017 09:33pm EDT

June 13 (Reuters) - Boart Longyear Ltd ::Refers to commencement of proceedings by entities associated with Anthony Maurici, which hold about 2.8 pct of co's ordinary shares.Advises that supreme court of New South Wales dismissed application by entities associated with Anthony Maurici for an injunction.Co's AGM will proceed as planned and all resolutions relating to co's proposed recapitalisation will be considered at meeting.

Parker Drilling announces departure of CFO

Monday, 12 Jun 2017 04:32pm EDT

June 12 (Reuters) - Parker Drilling Co : :Parker Drilling announces departure of chief financial officer.Parker Drilling Co - Jon-Al Duplantier has been appointed to serve as interim CFO.Parker Drilling Co - company has initiated a comprehensive search to identify its next CFO.

SD Standard Drilling appoints Christos Neocleous as CFO

Monday, 12 Jun 2017 12:00pm EDT

June 12 (Reuters) - SD Standard Drilling Plc ::SDSD appoints new chief financial officer.SD Standard Drilling - Christos Neocleous appointed as chief financial officer with effect from 1 July 2017 through an agreement with Deloitte Cyprus.

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