Atwood Drillships Delayed Two Years at DSME

Houston-headquartered offshore drilling contractor Atwood Oceanics announced Tuesday it has reached an agreement with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering to postpone the delivery of two newbuild ultra-deepwater drillships by two years. Delivery of the newbuilds Atwood Admiral and Atwood Archer is now scheduled until September 30, 2019 … [Read more...]

Ultra-Deepwater Drillships Delayed at DSME

Houston-based Atwood Oceanics says it has reached an agreement with Daewoo Shipbuilding & Marine Engineering to delay delivery of two ultra-deepwater drillships Atwood has on order with the South Korean shipbuilder. The agreement calls for delivery of the two newbuild drillships, the Atwood Admiral and Atwood Archer, be delayed to Septemeber 30, 2017 and June 30, … [Read more...]

Atwood Oceanics Orders Fourth Ultra-Deepwater Drillship

Houston-based drilling contractor Atwood Oceanics, Inc. (NYSE:ATW) said Monday that it has entered into a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co. for a fourth ultra-deepwater drillship for approximately $635 million. The drillship, to be named the Atwood Archer, will be built at the DSME yard in South Korea and is expected to be … [Read more...]

Mubadala Petroleum Signs $116 Million Contract for Atwood Orca Jack-Up

HOUSTON - Atwood Oceanics, Inc. (NYSE: ATW) announced today that one of its subsidiaries has been awarded a two-year drilling services contract by UAE-based Mubadala Petroleum for the Atwood Orca, a Pacific Class 400 jack-up rig currently under construction at PPL Shipyard in Singapore. The Atwood Orca will have a rated water depth of 400 feet, 1.5 million pound hook load … [Read more...]

12-Month Contract Awarded to Newbuild Jack-up Atwood Manta

Atwood Oceanics, Inc. (NYSE: ATW) announced today that one of its subsidiaries has been awarded a contract by CEC International, Ltd. for the jack-up rig Atwood Manta which is currently under construction at PPL Shipyard PTE in Singapore. The day rate for the work in the Gulf of Thailand and offshore Malaysia will be $145,000 and the award is for a firm duration of 12 … [Read more...]