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Atwood Oceanics Announces Contract for the Atwood Eagle
ATWOOD OCEANICS, INC., a Houston-based international offshore drilling contractor (NYSE: ATW), announced today that one of its subsidiaries has been awarded a six month contract by Chevron Australia Pty. Ltd. for the Atwood Eagle. With this contract, the firm contractual commitments for the Atwood Eagle are expected to extend through July 2012. The day rate will be approximately $370,000.

date.png17 Aug 2011 09:18 | comments.png 0 Comments | tags.png atwood australia chevron services [ More ]

Atwood Oceanics give Notice of a force majeure in Egypt
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (NYSE: ATW), announced that, on January 29, 2011, due to the civil unrest that has occurred in Egypt, our customer, RWE Dea Nile GmbH gave notice to Alpha Offshore Services Company, a wholly-owned subsidiary of Atwood Oceanics, Inc., of a force majeure event affecting the operations of the Atwood Aurora which is presently operating offshore Egypt in the Mediterranean Sea.

date.png02 Feb 2011 08:03 | comments.png 0 Comments | tags.png africa atwood egypt services [ More ]

Atwood Oceanics Orders Ultra-Deepwater Drillship
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (NYSE: ATW), announced that, Atwood Oceanics Pacific Limited ("AOPL"), a wholly-owned subsidiary of Atwood Oceanics, Inc. (the "Company"), on January 28, 2011 executed a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd ("DSME") to construct an ultra-deepwater drillship, to be named the Atwood Advantage, at the DSME yard in South Korea. The Atwood Advantage is expected to be delivered by September 30, 2013 at a total cost, including project management, drilling and handling tools and spares, of approximately $600 million. Financing for the construction of the Atwood Advantage is expected to be provided from a combination of ongoing cash flows and debt, as necessary, and from AOPL's current senior credit facilities. The Company will consider whether any additional debt may be necessary in connection with this fleet expansion.

date.png31 Jan 2011 14:56 | comments.png 0 Comments | tags.png atwood contracts dsme services [ More ]

Atwood Oceanics Announces Names for New Jack-Up Drilling Units
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (NYSE: ATW), today announced names for its three high-specification Pacific Class 400 jack-up rigs being constructed at PPL Shipyard PTE LTD in Singapore.

date.png25 Jan 2011 06:53 | comments.png 0 Comments | tags.png atwood services [ More ]

Atwood Oceanics Announces Exercise of Option to Construct Additional Jack-Up Drilling Unit
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (NYSE: ATW), announced today that on January 14, 2011, Atwood Oceanics Pacific Limited ("AOPL"), a wholly-owned subsidiary of Atwood Oceanics, Inc. (the "Company"), exercised the first of three options and executed a turnkey construction agreement to construct a third Pacific Class 400 jack-up drilling unit with PPL Shipyard PTE LTD ("PPL").

date.png21 Jan 2011 15:03 | comments.png 0 Comments | tags.png atwood services [ More ]

ATWOOD OCEANICS Announces Contract Extension for the ATWOOD FALCON
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor (NYSE: ATW), announced today that the ATWOOD FALCON has been awarded an extension by Sarawak Shell Berhad / Sabah Shell Petroleum Company Ltd. of the existing contract. With this extension, the rig's current contract commitment will be extended from August 24, 2011 until between November 24, 2011 and January 24, 2012, depending on the length of the drilling program. The value of the contract extension is estimated to be between $27 million and $45 million.

date.png08 Nov 2010 08:01 | comments.png 0 Comments | tags.png atwood malaysia services shell [ More ]
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