May 15 (Reuters) - Mitchell Services Ltd :Material contract award.Received notification of award for 3-year contract with Glencore Coal Assets Australia across a number of their Queensland coal operations.
April 24(Reuters) - Xinjiang Beiken Energy Engineering Stock Co Ltd <002828.SZ> ::* Says it will invest 30 million yuan to set up a wholly owned assets management subsidiary in Ningbo.* It will invest HK $10 million to set up a wholly owned energy subsidiary in Hong Kong.
Matrrix Energy Technologies Inc : Matrrix Energy Technologies Inc - intent to investigate complementary strategic opportunities in land-based contract drilling . Matrrix Energy Technologies Inc - as a consequence, chairman Elson Mcdougald, has tendered resignation as a director of co effective March 27, 2017 . Matrrix Energy Technologies Inc - with mcdougald's resignation, thane russel has been appointed chairman of matrrix effective April 1, 2017 .Matrrix Energy Technologies Inc - expects to consider asking Mcdougald to rejoin corporation's board of directors after August 11, 2017.
Aban Offshore Ltd : Says award of new contract . Says total contract value is about $72.365 million . Says got LoA from ONGC for charter hire of drillship Aban Ice for 3 yrs .Says deployment expected to commence during Q2 2017.
Keppel Corporation Limited : Keppel signs heads of agreement with borr drilling for transocean rigs . Under new agreement, Borr Drilling will take over contracts and undertake remaining payment installments to Keppel Fels . Price for each rig is usd$216 million, compared to original price of usd$219 million . Under agreement construction contracts for five jackup rigs currently being built by Keppel Fels for Transocean will be novated to Borr Drilling . Completion of transaction is expected to take place before end of may 2017 . Transaction will not have any material impact on net tangible assets & earnings per share of Keppel Corp for FY17 . "Borr Drilling will also make a down payment of usd$275 million" .Keppel Offshore & Marine Ltd has entered into a heads of agreement with Borr Drilling Ltd of Bermuda.
Xinjiang Beiken Energy Engineering Stock Co Ltd <002828.SZ>: Says it will use 50 million yuan to set up a wholly owned subsidiary, which will be engaged in development of international oil and gas field blocks . Says it will use 50 million yuan to set up a wholly owned subsidiary, which will be engaged in manufacture of special equipment for oil drilling .Says it will use 30 million yuan to set up a wholly owned subsidiary, which will be engaged in production of drilling chemical materials.
Senergy Holding Company Kscp : Unit receives letter to renew contract worth $26 million with Kuwait Oil Co Source: (http://bit.ly/2ltIFjn) Further company coverage: [SENE.KW] ((Bangalore.email@example.com;)).
Patterson-UTI Energy Inc : Patterson-UTI Energy reports financial results for three and twelve months ended December 31, 2016 . Q4 loss per share $0.53 . Q4 earnings per share view $-0.54 -- Thomson Reuters I/B/E/S . Total average rig revenue per day for Q4 was $21,640 compared to $21,870 during Q3 . For Q4, average rig count in United States increased to 66 rigs, up from 60 rigs during Q3 . Declared a quarterly dividend on its common stock of $0.02 per share . Patterson-UTI Energy - As of Dec. 31, 2016, had term contracts for drilling rigs providing for approximately $417 million of future dayrate drilling revenue . Says average rig count in Canada was two rigs during Q4, unchanged from prior quarter . Patterson-UTI Energy Inc - Expect an average of 44 rigs operating under term contracts during q1 . Patterson-Uti energy inc - sees an average of 37 rigs operating under term contracts during 2017 . "The pace of recovery in our industry accelerated in Q4 with increasing drilling and pressure pumping activity" . Patterson-UTI Energy Inc - Have signed contracts that provide for completion of two new apex rigs . Patterson-UTI Energy Inc- For the month of January, our average rig count was 76 rigs in United States and two rigs in Canada.
SD Standard Drilling : Said on Thursday it had invested $2.4 million, corresponding to 20 percent ownership, in PSV Opportunity I DIS . PSV Opportunity owns three mid-size PSV vessels (VS 470 MK II) built in 2005 and 2006 . Aggregated purchase price for the three vessels is $7.5 million . PSV will be financed by equity only . Fletcher Shipping will act as Technical and Commercial Manager . Clarksons Platou Project Finance will act as Corporate Manager .SD Standard Drilling will have a bank balance of about $6.6 million after the investment.
Awilco Drilling Plc :Confirms Wilphoenix has moored at Apache's drilling location on Storr field and resumed operations at night, June 26.