PPL Shipyard hand over jackup drilling rig to Awilco
2008.03.19 -
Company News
Awilco Offshore, an international offshore drilling contractor owning and operating five jack-up drilling rigs and two accommodation units, has today taken delivery of its fifth Ultra Premium jackup drilling rig. The rig has been delivered from PPL Shipyard in Singapore.
WilForce is of the Baker Marine Class 375, capable of drilling in water depths of up to 375 feet and to drill high pressure and high temperature wells down to 30,000 feet drilling depth.
In January 2008 WilForce was awarded a Notice of Tender Award from Repsol Exploration Murzuq S.A. After completion of operational preparation the rig will be delivered to Repsol for commencement of its 5 months work offshore Libya.
Petroleum Geo-Services ASA ('PGS' or the Company) announced today that it has entered into a definitive agreement to acquire Applied Geophysical Services, Inc. (AGS) for a price of USD 51 million, subject to certain adjustments for changes in working capital. PGS estimates an enterprise value for AGS of approximately USD 46 million. AGS is based in Houston, Texas and specializes in providing advanced depth imaging services. The transaction is expected to close during the course of this week.
Total announces the acquisition of a 40% interest in three exploration permits northeast of Ichthys on the Australian Browse Basin jointly with Inpex (60%, operator). These interests were held by ConocoPhillips. This acquisition is subject to the approval of the Australian authorities.
Rowan Companies, Inc. (NYSE:RDC) announced today that it has entered into contracts with Keppel AmFELS, Inc. for the construction of four Super 116E class jack-ups. The rigs will be built at AmFELS' Brownsville, Texas shipyard, with delivery scheduled at approximately four-month intervals beginning in the second quarter of 2010.
Gaz de France has acquired a 45% stake in the Alam El Shawish West licence in Egypt from Vegas Oil & Gas.
Trico Marine Services, Inc. (NASDAQ: TRMA) ("Trico") and Active Subsea ASA (NOTC: ASUB) ("Active Subsea") today announced that Trico intends to make a voluntary offer for all outstanding shares, options and warrants of Active Subsea.
