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Oil & Gas Drilling

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Odfjell Drilling in rig deal with OMV

Friday, 21 Apr 2017 06:48am EDT

April 21 (Reuters) - Odfjell Drilling Ltd :Deepsea Bergen rig signs a one well contract with OMV.Signed a firm contract with OMV for one firm "high pressure high temperature"-well ("hpht-well") in pl 644 plus options for two additional hpht-wells on norwegian continental shelf.Contract commencement is scheduled to q1 2018 and has an expected duration of approx. 100 days (excluding options).

Seadrill: North Atlantic drilling wins ConocoPhillips contract

Tuesday, 11 Apr 2017 01:45am EDT

Seadrill Ltd : north atlantic drilling announces contract awards for the West Wlara and the West Linus . Total additional backlog for new contract awards is estimated at $1.4 billion excluding performance bonuses. . As part of agreement, company has agreed to a dayrate adjustment on existing west linus contract effective from april 2017, resulting in a $58 million reduction in current backlog. . New west elara contract which is expected to commence in october 2017 includes a period of fixed dayrates until march 2020 and contributes approximately $160 million of contract backlog. A . Contract on west linus has been extended from may 2019 until end of 2028 at a market indexed dayrate, which company believes will contribute an estimated $706 million of contract backlog. .Work is for ConocoPhillips at the Ekofisk field off Norway..

Daldrup & Soehne receives orders of over EUR 20 mln for geothermal drilling

Monday, 27 Mar 2017 03:38am EDT

Daldrup & Soehne AG <4DSG.DE>:Receives orders of over 20 million euros ($21.73 million) for geothermal drilling in Geretsried and Bad Bellingen.

Awilco Drilling resolves dispute on standby revenue billing

Wednesday, 8 Mar 2017 01:17am EST

Awilco Drilling PLC : Said on Tuesday the question of the disputed WilPhoenix standby revenue billing of $22.8 million had been resolved .Said the billing will be cancelled and the firm term of the 1095 day (3 year) contract with Apache North Sea Limited will be extended by the number of previously disputed days.

Japan Drilling unit gets excavation work related order

Tuesday, 21 Feb 2017 01:10am EST

Japan Drilling Co Ltd <1606.T>:Says its unit Hakuryu 5, Inc gets excavation work related order from Gazpromneft-Sakhalin LLC, worth about $32 million.

Rowan Companies Plc received notice of early termination from Repsol E&P USA Inc

Tuesday, 15 Nov 2016 06:33am EST

Rowan Companies Plc : Rowan companies plc - received notice of early termination from Repsol E&P USA Inc. Under terms of drilling contract for drillship rowan renaissance . Rowan companies - expects to continue to be paid by repsol on monthly basis through original termination date of April 22, 2017 . Rowan Companies Plc - expects to continue to be paid by repsol on a monthly basis at a rate slightly below current standby rate . Rowan Companies Plc - company plans to reduce manning and warm stack drillship in near term. .Rowan Companies Plc - notice of early termination from Repsol E&P USA Inc. is effective immediately.

Transocean announces 15-month contract for Transocean Barents

Monday, 3 Oct 2016 06:56am EDT

Transocean Ltd :Transocean Barents awarded a 15-month contract with Suncor Energy at a dayrate of $260,000; estimated contract backlog is $119 million.

Independence Contract Drilling Q2 adj loss per share $0.07 excluding items

Thursday, 28 Jul 2016 06:45am EDT

Independence Contract Drilling Inc : Charges incurred during q2 included $0.04per share, of retirement benefits associated with departure of executive officer . Independence contract drilling, inc. Reports financial results for the second quarter ended June 30, 2016 . Q2 adjusted loss per share $0.07 excluding items . Q2 loss per share $0.12 . Q2 earnings per share view $-0.10 -- Thomson Reuters I/B/E/S . Q2 revenue $15.2 million versus I/B/E/S VIEW $14.8 million . Capital expenditure budget for second half of 2016 is $8.0 million . Charges incurred during Q2 of 2016 included $0.01 per share, related to amortization of deferred financing costs .At end of Q2, signed two six-month term contracts with new customer for mobilization of shaledriller rigs during Q3.

Daldrup & Soehne AG signs MOU for deep geothermal project scope of 50 mln euros

Thursday, 21 Apr 2016 04:13am EDT

Daldrup & Soehne AG:Signs memorandum of understanding for deep geothermal project scope of 50 mln euros.Deep geothermal project in southern Molassebecken (Bavaria).Beginning of work, including planning, well site, drilling and testing of drilling is planned for Q4.

Archer wins five-year ConocoPhillips contract in Norway

Friday, 8 Apr 2016 06:30am EDT

Archer Ltd:Says ConocoPhillips awarded Archer contract for mechanical wireline services on the Norwegian continental shelf until 2021.Says contract was awarded to Archer following a competitive tender process for ConocoPhillips' well intervention services in Norway.

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