Notes

Offshore Drilling Industry and Rig Construction Market in the Things To Know Before You Get This


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<h1 style="clear:both" id="content-section-0">The smart Trick of Asset valuations become even more confusing as rig owners That Nobody is Talking About<br></h1>
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<p class="p__0">For the ones who wish to read my short article about the entire Transocean FSR. please click here. Excerpt of the FSR. Jack-up Sector 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 5 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 periods beginning in the first quarter of 2020.</p>
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<p class="p__1">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? Borr Drilling Limited is signed up on the NOTC-list since 19 December 2016 with ticker code BORR.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.deepwater.com/images/Rig_Types/Harsh.jpg" alt="SUPER M 2 300ft Jack‐up Drilling Platform - Allship - Shipbroker - Sale &amp; Purchase"><span style="display:none" itemprop="caption">COLUMN - Do it yourself: oil companies buy rigs and boats in bargain basement (except Energean) [Offshore Accounts] - Baird Maritime</span>
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<p class="p__2">01, all of which is signed up in the VPS with ISIN code BMG575071086. Based on the concern price of USD 2. 00 per share (equivalent to NOK 16. 89 per share), the market capitalization is USD 155 million equivalent to approx. NOK 1,308,975,000. The company has actually entered into a contract where it will be able to use the reporting systems as of 19 December 2016.</p>
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<h1 style="clear:both" id="content-section-1">The Facts About Barge Rigs Uncovered<br></h1>
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<p class="p__3">On January 24, 2017, the business completed the delivery of the 2 Hercules JUs, the Victory and the Durability. Taking a look at the board and the CEO/COO there is a strong relation with Seadrill Ltd. (SDRL) CEO is Rune Magnus Lundetr, sounds familiar? (He worked at Seadrill Ltd for eight years, serving as CFO from 2012 to 2015.) Official Info Here is Sven Anton Maier (He worked for Seadrill between 2007 and 2016.</p>
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<p class="p__4">) Fredrik Halvorsen (Board member, was CEO and President of Seadrill Limited from October 2012 up until July 2013 and likewise worked for Frontline Corporate Providers Ltd (NYSE:FRO) from October 2010 till July 2013.) Michelle Wolfe (Board member) This looks like a John Fredriksen's brand-new baby to me, and reminds me of the "sand box".</p>
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