Fred Olsen Settles Rig Dispute with Hyundai Heavy Industries
Fred Olsen Energy says it has reached an agreement with South Korean shipbuilder Hyundai Heavy Industries to settle a dispute over the newbuilding contract for
Fred Olsen Energy says it has reached an agreement with South Korean shipbuilder Hyundai Heavy Industries to settle a dispute over the newbuilding contract for
The offshore wind turbine installation vessel Brave Tern conducts a “full-height jacket test” at the port of Rotterdam. During the test the jack-up
OSLO, Feb 16 (Reuters) – Global offshore drilling rig rates will remain at loss-making levels as the market continues to suffer from overcapacity,
A unit of Fred Olsen Energy has decided to cancel its contract with Hyundai Heavy Industries for a newbuild semi-submersible drilling rig amid a
Fred Olsen Energy revealed Thursday that Hyundai Heavy Industries, the world’s biggest shipbuilder, has filed a claim against a subsidiary of Fred Olsen
July 11 (Bloomberg) — Fred Olsen Energy ASA, an offshore drilling company, climbed to a five-year high in Oslo as a better-than-estimated performance
July 10 (Bloomberg) — Fred Olsen Energy ASA rose to a six- week high in Oslo ahead of the offshore drilling company’s quarterly results tomorrow,
OSLO, June 10 (Reuters) – Malaysian offshore oil services firm Yinson Holdings Bhd is bidding $170 million for Norwegian shipping firm Fred. Olsen
UAE rig-builder Lamprell announced today the successful of construction of the wind turbine installation vessel, Windcarrier 2 “Bold Tern.” Having
(Bloomberg) — Fred Olsen Energy ASA, a Norwegian offshore drilling company, dropped to a three-week low in Oslo as higher-than-expected cost increases in
Norwegian oil and gas exploration and production service provider Fred. Olsen Energy ASA (FOE.SE) said Wednesday it has decided not to exercise the option for
(Bloomberg) — Fred. Olsen Energy ASA, a Norwegian offshore drilling company, fell the most in three months in Oslo trading after major shareholders
BW Offshore and Fred Olsen Production have signed a contract with Vaalco Energy for a five year extension for the lease and operation of the FPSO Petróleo
Fred Olsen Energy ASA announced today that one of their wholly owned subsidiaries has entered into a turnkey, $700 million contract with Hyundai Heavy
Fred Olsen said today that its drilling subsidiary, Dolphin Drilling, will NOT be exercising its option with Hyundai Heavy Industries for a second newbuild
Fred Olsen Energy’s drilling unit, Dolphin Drilling, says it has entered into contracts with Anadarko Petroleum Corporation (APC) for the provision of
Hyundai Heavy Industries announced Monday it has won an order to build an ultra-deepwater drillship for Fred Olsen Energy. The contract also includes an option
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