Awilco drilling new rigs

Awilco commits to newbuild semi drilling rig for service offshore

The Moss Maritime-design CS60 ECO MW rig will be equipped and certified for drilling offshore Norway, including the Barents Sea, in water depths up to 5,000 ft (1,524 m).

Semisubmersible rig order surprises offshore market

The announcement by Awilco Drilling PLC of an order for a new, harsh-environment semisubmersible drilling rig caught everyone by surprise.

Awilco commits to newbuild semi drilling rig for service offshore

Offshore staff SINGAPORE – Awilco Drilling has awarded Keppel FELS a $425-million contract to build a harsh environment semisubmersible drilling rig. The Moss Maritime

Awilco Drilling PLC: Contract signed with KeppelFELS for the

Awilco Drilling PLC: Contract signed with KeppelFELS for the building of new semi submersible drilling rig Reference is made to the stock exchange releases by Awilco Drilling

Awilco Drilling PLC: Contract signed with Keppel FELS for the

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

Awilco Drilling Plc: Settlement of Arbitration Cases

Together Awilco Rig 1 Pte. Ltd. ("AR1"), AR2 and the Company have entered into an agreement with KFELS (now Seatrium New Energy Limited) and RigCo Holding Pte Ltd

Well-Safe Solutions announces agreement to add

Well-Safe Solutions have agreed with Awilco Drilling to acquire the WilPhoenix rig – Well-Safe Solutions'' third acquisition in three years.

Seatrium says asset-holding company to pay US$57

Seatrium, on June 20, announced that its wholly-owned subsidiary Seatrium New Energy and RigCo Holding have entered into a settlement agreement with

UK firm emerges victorious in second rig arbitration

UK-based offshore drilling contractor Awilco Drilling has provided an update on an arbitration case related to a second semi-submersible rig

Future ''very uncertain'' for Aberdeen drilling firm Awilco

Analysts have said it "could be the end of the line" for Aberdeen-headquartered Awilco Drilling after the firm agreed to offload the remains of its

Awilco Drilling PLC: Awilco Drilling continues transformation with

DECLARATION OF RIG NEWBUILDING OPTION Awilco Drilling PLC is also pleased to announce that its fully owned subsidiary Awilco Rig 2 Pte. Ltd. on 8 March 2019

Contract signed with Keppel FELS for the building of

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

Awilco set to order new semi-submersible drilling rig from Keppel

Awilco Drilling, an offshore driller owning two semi-submersible drilling rigs, is now looking to expand its fleet with a newbuild rig. The driller on Tuesday said it was contemplating

Awilco Drilling PLC: Nordic Spring

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

UK player strikes a bargain with Seatrium over

The arbitration tribunal''s ruling regarding the termination of a newbuilding contract between Awilco Rig 1 (AR1) and Seatrium New Energy

Kongsberg Technology Selected for New Awilco

The contract is valued at around USD 18 million. Based on the Moss Maritime CS60 ECO MW design, Awilco Drilling''s new rig is designed

SECOND QUARTER 2020

SECOND QUARTER 2020 Awilco Drilling PLC is a North Sea Drilling Contractor owning and operating two refurbished and enhanced UK compliant 3rd generation mid-water semi

Awilco Drilling continues transformation with appointment of new

DECLARATION OF RIG NEWBUILDING OPTION Awilco Drilling PLC is also pleased to announce that its fully owned subsidiary Awilco Rig 2 Pte. Ltd. on 8 March 2019

Ruling of the first arbitration case

Reference is made to the stock exchange release of 8 June 2020 from Awilco Drilling PLC ("Awilco Drilling") regarding the termination of the newbuilding contract between

CS60 ECO MW

Ultra-harsh Environment Semi-Submersible Awilco Drilling''s CS60 ECO MW is the first of a new generation of ultra-harsh environment semi-submersibles, specifically designed to meet the

Awilco Drilling drops Keppel Corp pursuit after rig newbuilding

Awilco Drilling is giving up in its fight to ditch a rig newbuilding at Keppel Corp. The Oslo-listed company has been attempting to terminate its contract with the Singaporean

Keppel secures repeat order from Awilco for mid-water harsh

In March 2018, the Company ordered one new build rig of Moss CS60 ECO MW design equipped for drilling in harsh environments, including the Barents Sea. The Company is listed at the

Seatrium says asset-holding company to pay US$57 mil to Awilco

Seatrium, on June 20, announced that its wholly-owned subsidiary Seatrium New Energy and RigCo Holding have entered into a settlement agreement with Awilco Drilling PLC, Awilco Rig

Awilco Drilling, Keppel FELS Ink $425 Million Rig Building Deal

Awilco Drilling has announced that its fully owned subsidiary Awilco Rig 2 Pte. Ltd., on March 22, signed a contract with Keppel FELS shipyard in Singapore for the building of one

Awilco orders new offshore rig from Keppel. Names new CEO

Awilco currently owns two 3rd generation semi-submersible drilling rigs, the WilHunter and the WilPhoenix, which have for years operated in the UK sector of the North

Awilco Drilling continues transformation with appointment of new

With the ordering of two Harsh Environment semi-submersible drilling rigs from Keppel FELS in Singapore, and independent options for a further two rigs, Awilco Drilling is in

Seatrium pays $57m arbitration settlement over newbuild Awilco rig

Seatrium''s wholly owned subsidiary, Seatrium New Energy and RigCo Holding, have entered into a settlement agreement with Awilco Drilling. Seatrium said one of the Awilco

SETTLEMENT AGREEMENT WITH AWILCO & RIGCO

SETTLEMENT AGREEMENT WITH AWILCO & RIGCO Singapore, 20 June 2024 - Seatrium Limited (Seatrium or the "Group") refers to the announcement dated 24 April 2023

Power and Control Solution selected for new Awilco

The contract is valued at around USD 18 million. Based on the Moss Maritime CS60 ECO MW design, Awilco Drilling''s new rig is designed

Awilco Drilling Selects ERP Solution From IFS To

Awilco Drilling PLC is a North Sea Drilling Contractor, owning and operating Harsh Environment Semi-Submersible rigs. The Company has two new Moss

Seatrium Settled Dispute with Awilco Drilling – Oil and Gas World

Subsequently, an arbitration award was received in November 2023 for another arbitration between Seatrium New Energy Limited and Awilco Rig 2 Pte. Ltd. ("AR2"), a sister company of

Awilco Drilling Selects ERP Solution From IFS To

About Awilco Drilling Awilco Drilling PLC is a North Sea Drilling Contractor, owning and operating Harsh Environment Semi-Submersible rigs. The

Awilco Drilling Limited

Although a relatively new entity in the market, having first been incorporated in December 2009, Awilco Drilling''s combination of expertise and rig capabilities makes it a

Press Releases

Awilco Drilling Plc: Settlement of Arbitration Cases Further to the stock exchange release of 1 May 2024 from Awilco Drilling PLC ("Awilco Drilling") regarding the termination of the new building

Awilco drilling new rigs [PDF]

6 FAQs about [Awilco drilling new rigs]

How much will Awilco drill rig cost?

UK offshore drilling contractor Awilco Drilling has exercised an option to order its second harsh-environment semi-submersible drilling rig from Keppel in Singapore for a price of $425 million. It has also decided to name a new CEO. The rig will be built to Moss Maritime’s CS60 ECO MW design and is expected to be delivered in March 2022.

What is Awilco's new drilling rig?

Similar to the first rig, which Awilco ordered in March 2018, the drilling unit is designed for mid-water operations in water depths up to 1,500m and able to work in the harshest environments of North West Europe, including the Barents Sea. Awilco will have options to order two more rigs from Keppel.

Who owns Awilco Rig 2?

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”). Keppel FELS has also served AR2 with a notice of arbitration.

Does Awilco have a new CEO?

Awilco orders new offshore rig from Keppel. Names new CEO UK offshore drilling contractor Awilco Drilling has exercised an option to order its second harsh-environment semi-submersible drilling rig from Keppel in Singapore for a price of $425 million. It has also decided to name a new CEO.

Does Awilco Rig 1 have a right to terminate a building contract?

Reference is made to our stock exchange release dated 8 June 2020 advising that Awilco Rig 1 Pte. Ltd. (AR1) has exercised its right to terminate the building contract with Keppel FELS Limited (KFELS) and is entitled to a refund of the instalments paid to KFELS plus accrued interest.

Is Awilco Drilling a good company?

The speaker expresses that Awilco Drilling is a great company. However, the rest of the passage is not directly related to answering the question.