Owners of old jackup rigs realize their gamble isn't paying off - Bassoe Offshore

5 Easy Facts About New Fortress Energy Acquires Maersk Jackup Rigs in $31 Explained

For the ones who desire to read my short article about the entire Transocean FSR. please click on this link. Excerpt of the FSR. Jack-up Section only: 1 Transocean Cepheus (" 1") 400/35 1Q2020 2 Transocean Cassiopeia (" 1") 400/35 2Q2020 3 Transocean Centaurus (" 1") 400/35 3Q2020 4 Transocean Cetus (" 1") 400/35 4Q2020 5 Transocean Circinus (" 1") 400/35 1Q2021 (" 1") - The five newbuild high-specification jackups contracted to Keppel FELS Limited's shipyard in Singapore are anticipated to be provided from the shipyard in two and three month intervals beginning in the very first quarter of 2020.

As we can see Transocean Jack-up fleet status is consisted of 5 jack-ups under-construction, 5 jack-ups functional and 5 jack-ups cold stacked. The Jack-up GSF Constellation I may roll off agreement at the end of this month, unless the rig gets another extension? Related Source Here Limited is signed up on the NOTC-list as of 19 December 2016 with ticker code BORR.

KCA Deutag sells Ben Loyal jackup to Advanced Energy Systems - Drilling Contractor

01, all of which is registered in the VPS with ISIN code BMG575071086. Based upon the issue cost of USD 2. 00 per share (equivalent to NOK 16. 89 per share), the marketplace capitalization is USD 155 million equivalent to approx. NOK 1,308,975,000. The company has participated in an agreement where it will have the ability to utilize the reporting systems as of 19 December 2016.

The Single Strategy To Use For Malaysian Firm Sells Jack-Up Rig for $223 Million - gCaptain

On January 24, 2017, the business completed the shipment of the two Hercules JUs, the Accomplishment and the Resilience. Looking at the board and the CEO/COO there is a strong relation with Seadrill Ltd. (SDRL) CEO is Rune Magnus Lundetr, sounds familiar? (He operated at Seadrill Ltd for 8 years, acting as CFO from 2012 to 2015.) COO is Sven Anton Maier (He worked for Seadrill in between 2007 and 2016.

) Fredrik Halvorsen (Board member, was CEO and President of Seadrill Limited from October 2012 till July 2013 and likewise worked for Frontline Corporate Providers Ltd (NYSE:FRO) from October 2010 up until July 2013.) Michelle Wolfe (Board member) This appears like a John Fredriksen's new baby to me, and advises me of the "sand box".