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Extension of Option for a Second Newbuild Drillship

Source: www.gulfoilandgas.com 10/17/2011, Location: Europe

Reference is made to notice to Oslo Stock Exchange dated 15th April 2011 regarding an option for a second newbuild drillship. A wholly owned subsidiary of Fred. Olsen Energy ASA and Hyundai Heavy Industries Co. Ltd. have agreed on an extension of the time limit for declaring this option till 20th December 2011. The scheduled delivery for such a newbuild remains 1st quarter 2014.

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Related Categories: Blowout Preventers Ram, Rotary, Spherical & Annular  Casing, Tubing & Drill Pipes  Coiled Tubing  Drill Bits and Cutters  Extraction Equipment  General  Handling Tools  Hoisting Systems  Lubricating Equipment 

Related Articles: Blowout Preventers Ram, Rotary, Spherical & Annular  Casing, Tubing & Drill Pipes  Coiled Tubing  Drill Bits and Cutters  Extraction Equipment  General  Handling Tools  Lubricating Equipment 


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