Odfjell looking to add drilling semi to its fleet

Odfjell Drilling is considering acquiring the Moss CS60E semisubmersible drilling rig Stena Midmax.

Apr 20th, 2018

Offshore staff

OSLO, Norway – Odfjell Drilling is considering acquiring the Moss CS60E semisubmersible drilling rig Stena Midmax.

An Akastor-owned company is in discussions with Odfjell on financing $75 million of the acquisition through subscription of a perpetual preferred equity instrument, to be issued by Odfjell. A warranty package will also be included in the structure.

04/20/2018

More in Drilling & Completion
The semisubmersible Heydar Aliyev is drilling the SAX01 well on the Shafag-Asiman block in the Azerbaijan sector of the Caspian Sea.
BP spuds first well on Shafag-Asiman offshore Azerbaijan
The semisubmersible Heydar Aliyev has spudded the first exploration well on the Shafag-Asiman block in the Azerbaijan sector of the Caspian Sea, according to BP.
Jan 16th, 2020
The drillship Stena Forth will drill the Marina-1 exploration well in block Z-38 offshore Peru.
Stena Forth preparing to drill offshore Peru
The drillship Stena Forth is at the Port of Callao in Lima preparing for a program in Peru’s offshore Tumbes basin.
Jan 15th, 2020
Location of well 25/7-8 S on production license 917 in the central Norwegian North Sea.
ConocoPhillips proves oil close to North Sea Balder field
ConocoPhillips Skandinavia has discovered a small oil and gas accumulation 10 km (6.2 mi) northwest of the Balder field in the central Norwegian North Sea.
Jan 14th, 2020
The drillship Maersk Voyager has received a three-well contract offshore Africa from Total.
Total wildcat offshore Angola to establish new water depth record
Total has confirmed a three-well exploration contract offshore southwest Africa for the 7th generation drillship Maersk Voyager.
Jan 14th, 2020
The jackup drilling rig Shelf Drilling Enterprise.
Chevron contracts newest Shelf rig for work offshore Thailand
Chevron has contracted the Shelf Drilling jackup Shelf Drilling Enterprise for operations in the Gulf of Thailand.
Jan 14th, 2020
In February, the semisubmersible Transocean Norge will drill two production well on the Bauge field in the Norwegian Sea.
PSA approves production drilling on two fields offshore Norway
Equinor has permission from Norway’s Petroleum Safety Authority for production drilling on the Bauge field in the Norwegian Sea.
Jan 13th, 2020
Norway110
Exploration holding steady offshore Norway
Norwegian offshore operators spud 57 exploration wells last year across the country’s continental shelf, according to a review by the Norwegian Petroleum Directorate.
Jan 10th, 2020
Exploration In 2020 Chart
Impetus continues for high-impact, frontier offshore drilling
Ninety-one high-impact wells were drilled globally last year, 36% up on the total for 2018, according to Westwood Energy.
Jan 10th, 2020
The drillship Maersk Valiant is expected to start drilling offshore Colombia in 3Q 2020.
Maersk Valiant to drill for Noble offshore Colombia
Noble Energy has contracted Maersk Drilling’s 7th generation drillship Maersk Valiant to work offshore Colombia.
Jan 10th, 2020
Globaldiscoveries Figure1
Guyana, Arctic Russia lead 2019 offshore exploration successes
Exploration worldwide delivered 12.2 Bboe of new resources in 2019, the highest volume since 2015, according to consultant Rystad Energy.
Jan 9th, 2020
The ultra-deepwater semisub Development Driller III has received a one-year contract offshore Trinidad.
Transocean seeing increasing demand for ultra-deepwater floaters
Transocean Ltd. has secured an additional $352.9 million of backlog from new contracts and extensions.
Jan 8th, 2020
The Solan oil field platform west of Shetland.
North Sea Catcher Area wells to offset production decline
Premier Oil plans to drill three development wells in mid-year on its Catcher Area satellite oil fields in the UK central North Sea.
Jan 8th, 2020
The drillship Noble Sam Croft drilled the Maka Central-1 well in block 58 offshore Suriname.
Apache, Total prove potentially large oilfield offshore Suriname
Apache Corp. and Total have discovered what could be a substantial oilfield in block 58 offshore Suriname.
Jan 7th, 2020
The drillship Valaris DS-9 will drill the Berimbau/Maraca stacked prospects on block 717 in the Ceara basin offshore Brazil.
Premier secures drillship for offshore Brazil well
Premier Oil has contracted the drillship Valaris DS-9 to drill the Berimbau/Maraca stacked prospects on block 717 in the Ceara basin offshore Brazil.
Jan 7th, 2020