Awilco Drilling said Monday that its subsidiary Awilco Rig 1 (AR1) had notified Keppel FELS that it had exercised its contractual termination right under a newbuilding contract between KFELS and AR1 for the construction of the semi-submersible drilling rig, Nordic Winter, "as a result of breaches under the vessel construction contract." It did

This comes following Keppel terminated the construction contract for the same – Nordic Spring semi-submersible drilling rig – and serving Awilco with a notice of arbitration. At the time, Keppel also stated that it would Keppel retain the $43 million already paid by Awilco for the rig and seek reimbursement of Keppel’s costs of the project up to the date of termination.

Keppel (Annan finansiell verksamhet). 128 000. 7 174. 0,5 Petrolia Drilling (Olja och gas). 4 000 000. 16 161.

Reference is made to the stock exchange releases by Awilco Drilling PLC (“the Company”) on 27 and 28 February 2018 regarding the successfully completed private placement. The Company is pleased to announce that its fully owned subsidiary Awilco Rig 1 Pte. Ltd. on 9 March 2018, signed a contract with KeppelFELS shipyard in Singapore for the building of one new CS60 ECO MW semisubmersible 2020-12-30 · Awilco Rig 2 Pte. Ltd (AR2) has terminated its vessel construction contract with Keppel FELS Limited (KFELS) for the newbuild semi-submersible drilling rig Nordic Spring, AR2 parent company Awilco A new layer has been added to the bitter feud between Awilco Drilling and rig builder Keppel FELS, with a second arbitration process on the cards. by Mark Lammey 04/12/2020, 5:33 pm Updated: 04/12 Reference is made to the stock exchange release by Awilco Drilling PLC ("the Company") on 8 March 2019 regarding the declaration of the first option rig. The Co Awilco Drilling PLC: Contract signed with Keppel FELS for the building of second new semi-submersible drilling rig | Placera Awilco Drilling PLC (the Company) announces that its wholly owned subsidiary Awilco Rig 2 Pte. Ltd. (AR2) has today received a notice from Keppel FELS purporting to terminate the Vessel Construction Contract of the semi-submersible drilling rig Nordic Spring (“Notice”).

Awilco Drilling said Monday that its subsidiary Awilco Rig 1 (AR1) had notified Keppel FELS that it had exercised its contractual termination right under a newbuilding contract between KFELS and AR1 for the construction of the semi-submersible drilling rig, Nordic Winter, "as a result of breaches under the vessel construction contract." SINGAPORE (THE BUSINESS TIMES) - A wholly-owned unit Oslo-listed Awilco Drilling is purporting to terminate a US$425 million (S$590.3 million) offshore rig construction contract with Keppel FELS Awilco, a UK North Sea focused driller, which owns two offshore drilling rigs built in the 1980s, ordered two semi-submersible drilling rigs form Keppel in 2018 and 2019, respectively, at $425 million apiece, with the aim of breaking into the Norwegian harsh-environment offshore drilling market. Reference is made to the stock exchange release by Awilco Drilling PLC (“the Company”) on 8 March 2019 regarding the declaration of the first option rig. The Company is pleased to announce that its fully owned subsidiary Awilco Rig 2 Pte. Ltd. on 22 March 2018, signed a contract with Keppel FELS shipyard in Singapore for the building of one new CS60 ECO MW semi-submersible drilling rig.

Awilco Drilling PLC: Contract signed with Keppel FELS for the building of second new semi-submersible drilling rig Reference is made to the stock exchange release by Awilco Drilling PLC (“the Company”) on 8 March 2019 regarding the declaration of the first option rig.

US. 809 Keppel Corp. SG. 2 565. Keppel (Annan finansiell verksamhet). 77 000.

Offshore drilling company Awilco Drilling has terminated an offshore rig construction deal with Keppel, citing a breach of contract. Awilco said Monday that its subsidiary Awilco Rig 1 (AR1) had notified Singapore-based Keppel FELS that it had exercised its contractual termination right under a newbuilding contract between KFELS and AR1 for the construction of a semi-submersible drilling rig

Photo: Edgar Su/Reuters/Ritzau Scanpix. Reference is made to the stock exchange release by Awilco Drilling PLC (“the Company”) on 8 March 2019 regarding the declaration of the first option rig.

0,3. Keppel (Annan finansiell verksamhet). 128 000. 7 174.
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Namely, Awilco last year ordered a semi-submersible drilling rig from Keppel, and the shipyard, in turn, ordered the drilling package for this rig from MHWirth. If all goes to plan, Keppel will deliver the rig to Awilco in the first quarter of 2021.

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Awilco, a UK North Sea focused driller, which owns two offshore drilling rigs built in the 1980s, ordered two semi-submersible drilling rigs form Keppel in 2018 and 2019, respectively, at $425 million apiece, with the aim of breaking into the Norwegian harsh-environment offshore drilling market.

As previously reported, Awilco – an owner of two 1980s-built drilling rigs – ordered two semi-submersible drilling rigs from Keppel back in March of 2018 and 2019. The idea behind the $850 million deal for the rigs was to enter the Norwegian harsh-environment drilling market. Awilco Rig 2 Pte. Ltd. (“AR2”), a wholly owned subsidiary of Awilco Drilling PLC (“Awilco Drilling”), has notified Keppel FELS Limited (“KFELS”) that it has exercised its contractual termination right under the newbuilding contract between KFELS and AR2 for the construction of a semi-submersible drilling rig, Nordic Spring, as a result of breaches under the Earlier this month, Keppel FELS already terminated the contract with Awilco Drilling for the rig and commenced arbitration to enforce its rights. Awilco ordered two rigs at Keppel at $425m each 2020-06-09 · Awilco said that the termination is a result of breaches under the rig construction contract. In its 1Q 2020 report in May, Awilco said there had been slow progress on Nordic Winter in Singapore the previous month due to governmental Covid-19 restriction while progress on the second rig that Keppel is building for Awilco, the Nordic Spring, had continued as per schedule. Köp aktier i Awilco Drilling - enkelt och billigt hos Avanza Bank. Klicka här för att se aktiekursen och köpa till marknadens lägsta courtage.

2020-12-30 · Awilco Rig 2 Pte. Ltd (AR2) has terminated its vessel construction contract with Keppel FELS Limited (KFELS) for the newbuild semi-submersible drilling rig Nordic Spring, AR2 parent company Awilco

Drilling Services Uniteam Holding AS Gneisv. Forusbeen 222, PO Box 8125, 4069 Stavanger Phone: 51 20 24 00 · Fax: 51 20 24 01 Keppel 31 60 00 · Fax: 56 31 60 01 Awilco Offshore ASA Beddingen 8 Aker Brygge, PO Box 1583 Vika, Awilco Offshore, Gtc Oilfield Services Pvt Ltd, Essar Oilfields Services Limited, Precision Drilling, RIG Careers, Drilling Rigs, Drilling Jobs, ‎Maersk Drilling, Keppel FELS, Keppel FELS Subcontractors Executive Council, Abu Dhabi Ship Awilco Drilling PLC · Axalta Coating Systems Ltd · Axcelis Technologies Inc · Axcella Health Inc · Axel Springer AG · AxelaTrader 3x Long Brent Crude Oil ETN The price of contracting a drilling rig to the Norwegian continental shelf is took over the Keppel Offshore & Marine's stake in Keppel Norway. there, so too is Aker Floating Production, Awilco, AF Decomm Offshore, BW Keppel (Annan finansiell verksamhet). 64 000. 5 024. 0,4 kom bud på bl a Protect Data, Eastern Drilling och Sinvest.

These were first such orders after the previous oil price collapse. Awilco Drilling cancelled a semi-submersible rig order with rig builder Keppel due to breaches under the construction contract. Awilco said that the termination is a result of breaches under the rig construction contract. Awilco, a UK North Sea focused driller, which owns two offshore drilling rigs built in the 1980s, ordered two semi-submersible drilling rigs form Keppel in 2018 and 2019, respectively, at $425 million apiece, with the aim of breaking into the Norwegian harsh-environment offshore drilling market. Awilco Drilling in 2018 ordered the harsh environment semi-submersible drilling rig from Keppel. This was followed by another newbuild order of the same type and with Keppel in 2019. These were first such orders after the previous oil price collapse.