Awilco Awarded Additional Option at Yantai Raffles

Tuesday, September 11, 2007
Awilco Offshore ASA (AWO) has been awarded an option to build a possible fifth semi submersible drilling rig at Yantai Raffles Shipyard. The option can be exercised until end December 2008, and would have a building period of 33 months from exercise. The additional option has been awarded AWO as part of an agreement with the yard to reschedule the delivery of the first rig, WilPioneer with 3 months to October 2008. AWO announced in the second quarter report that such a 3 months longer building period was expected.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

GulfMark Offshore Records Highest Ever Q1 Revenue

Houston-based GulfMark Offshore President & CEO Quintin Kneen commented on his company's first quarter 2014 financial report: "We recorded our highest first quarter revenue ever,

Offshore Oil & Gas: Brazil’s Northern Frontier

In an effort to spread out oil and gas production to other parts of the country and increase overall oil production, Brazil has finally intensified hydrocarbon

Safety the Focus as Heavy Lifting Picks Up

Modern heavy lift capabilities are crucial for safe, efficient operations offshore Heavy lift operations offshore are an awe-inspiring feat, but an operation that

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2176 sec (5 req/sec)