Northern Offshore Company News

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Offshore UAE Contract Goes to Northern
The rig will mobilize offshore Abu Dhabi.
8:00 PM EST | September 04, 2019
Northern Offshore Delays Delivery of 2 Jackups Now Being Built in China
Northern Offshore negotiates a nine-month delay in deliveries of its newbuild jackups Energy Engager and Energy Encounter.
8:00 PM EST | March 31, 2015
Northern Offshore Issues Notice to Terminate Contract for Energy Searcher
Northern Offshore issues notice to terminate contract with a CAMAC's affiliate for the Energy Searcher drillship.
7:00 PM EST | January 12, 2015
Energy Searcher Signed Up for Nigeria Drill
Northern Offshore reports that its Energy Searcher drillship has been contracted to drill offshore Nigeria.
7:00 PM EST | December 08, 2013
Northern Offshore Inks Deal for Two Jackups
Northern Offshore signs a $180 million contract for the construction of two jackups.
8:00 PM EST | October 03, 2013
Maersk Extends North Sea Energy Enhancer Gig
Northern Offshore receives a declaration from Maersk exercising the first of three one-year options for the jackup Energy Enhancer.
8:00 PM EST | March 31, 2013
Northern Offshore Lines Up North Sea Gig
Northern Offshore UK receives a contract with ADTI for the jackup Energy Endeavour.
7:00 PM EST | February 18, 2013
Northern Offshore Lines Up India Gig for Semisub Energy Driller
Northern Offshore announced that its subsidiary received a Letter of Award from ONGC for its semisubmersible Energy Driller for work offshore India.
8:00 PM EST | September 20, 2011
Northern Offshore Secures New Contract for Jackup Energy Enhancer
Northern Offshore announced that its subsidiary, Northern Offshore U.K. Limited, was awarded a contract from Maersk for the jackup Energy Enhancer.
8:00 PM EST | August 31, 2011
Northern Offshore Reports 2Q Earnings
Revenues for the three months ended June 30, 2011 were slightly higher when compared to the same period of 2010, primarily due to higher utilization of the jackup fleet, partially offset by lower utilization of the drillship Energy Searcher.
8:00 PM EST | August 17, 2011
Northern Offshore Awarded Maersk Contract for Jackup
Northern Offshore was awarded a contract with Maersk for the jackup Energy Endeavour.
7:00 PM EST | February 24, 2011
Northern Offshore Lands Perenco Gig for Jackup
Northern Offshore's subsidiary, Northern Offshore U.K. Limited, was awarded a contract with Perenco for the jackup Energy Enhancer.
7:00 PM EST | January 18, 2011
Northern Offshore Welcomes New Senior VP
Northern Offshore announced that Mr. Paul Ravesies has joined the company as Senior Vice President, Marketing and Business Development.
8:00 PM EST | September 05, 2010
Northern Offshore Notes Resignations of Senior VPs
Northern Offshore announced that the Company's Senior Vice President Marketing and Senior Vice President Operations have resigned from the Company effective in early September 2010.
8:00 PM EST | July 28, 2010
Northern Offshore Appoints New CEO
Northern Offshore announced that Mr. Gary W. Casswell has been appointed by the directors to serve as President and CEO.
8:00 PM EST | July 26, 2010
Northern Offshore Waves Goodbye to CFO
Northern Offshore announced that the company's Senior Vice President and Chief Financial Officer, Michael R. Dawson, has resigned from the company.
8:00 PM EST | May 10, 2010
Energy Searcher to Undergo Repairs
Northern Offshore reported that upon completion of the third well of a five-well drilling program for VietGazprom offshore Vietnam, the drillship Energy Searcher underwent an inspection that identified repairs needed to the ship's hull.
8:00 PM EST | May 03, 2010
Northern Offshore Enters into $120MM Credit Facility
Northern Offshore has entered into a $120 million Secured Revolving Credit Facility maturing in September 2011.
8:00 PM EST | April 25, 2010
Perenco Contracts Energy Enhancer for Inde Field
Northern Offshore UK was awarded a contract with Perenco UK for the jackup Energy Enhancer. The contract is for a one-well program on Perenco's Inde Field in the UK Southern North Sea.
8:00 PM EST | April 20, 2010
Northern Offshore Extends Term Loan Agreement
Northern Offshore and its lenders have executed an amendment to their US $300 million Secured Term Loan Facility Agreement.
8:00 PM EST | March 15, 2010
Northern Offshore's 4Q Revenues Down from 2008
Northern Offshore reported net income for the three months ended December 31, 2009 of US $17.4 million, or US $0.11 per diluted share, on revenues of US $69.2 million.
7:00 PM EST | February 24, 2010
Northern Offshore Welcomes New Director
Northern Offshore announced that Ms. Cecilie Fredriksen has been selected by the current directors to fill one of the vacant positions on the board.
7:00 PM EST | February 02, 2010
Northern Offshore Delivers Drilling Support Services in Caspian Sea
Northern Offshore UK has secured a contract with Caspian Drilling Company for the provision of support services for drilling operation in the Caspian Sea.
7:00 PM EST | November 25, 2009
Northern Offshore Waves Goodbye to CEO
Northern Offshore's president and CEO, Marion Woolie, has resigned from the company effective immediately.
7:00 PM EST | November 18, 2009
Energy Endeavour Continues Drilling Ops for Maersk Oil & Gas
Northern Offshore's subsidiary, Energy Offshore Ltd, was awarded an extension of its ongoing drilling services contract with Maersk Oil and Gas for the jackup Energy Endeavour.
7:00 PM EST | November 16, 2009
Northern Offshore Comments on Northern Producer's Backlog
Northern Offshore has announced a revision of estimated 2010 production tariff revenues from its offshore floating production facility, the Northern Producer.
8:00 PM EST | October 28, 2009
Energy Exerter Completes Drilling Off Greece
Northern Offshore U.K. has completed its 120 day drilling contract offshore Greece utilizing the jackup rig Energy Exerter, which is now under tow to a location offshore Malta where it will be cold stacked.
8:00 PM EST | August 06, 2009
Energy Searcher Drillship Arrives On Location in Vietnam
Northern Offshore announced that the drillship Energy Searcher departed the port at Da Nang, Vietnam following governmental clearance, and has arrived on location.
8:00 PM EST | May 27, 2009
Northern Offshore Snags New Contract Award for Energy Enhancer
Northern Offshore was awarded a contract with Centrica Resources for the jackup Energy Enhancer, which will provide accommodation support at Centrica's Grove location commencing early July 2009.
8:00 PM EST | May 13, 2009
Northern Offshore Confirms Production Start Up from Northern Producer
Northern Offshore announced that production had begun at the Northern Producer, a floating production facility that will serve the West Don and Don Southwest fields operated by Petrofac in the UK North Sea.
8:00 PM EST | April 29, 2009
Ithaca Highlights E&P Developments in North Sea for 2008
Ithaca has reported on its financial earnings for 2008, as well as exploration and appraisal drilling and ongoing field developments in the North Sea.
8:00 PM EST | March 25, 2009
Ithaca Encounters Gas at Carna, Secures Rig for Jacky Work
Ithaca has encountered gas at the Carna well, which is being completed for testing, and has contracted the Energy Enhancer jackup for work on the Jacky production well.
7:00 PM EST | March 04, 2009
Fairstar Arrives in Greece with Energy Exerter Jackup
Fairstar has safely discharged the Northern Offshore jackup rig Energy Exerter in Kavalla, Greece.
7:00 PM EST | March 01, 2009
Northern Offshore Adds 2 Acquired Rigs, Reaps Record Profits
In 2008, Northern Offshore successfully built a quality management team, effectively transitioned two acquired rigs to its operating teams, expanded into new regions and delivered solid financial results.
7:00 PM EST | February 25, 2009
Energy Exerter Heads to Greece after Pechora Sea Ops
Northern Offshore noted that a drilling program for LLC Gazflot has been completed in the Pechora Sea and that the Energy Exerter jackup is now en route to its next contract offshore Greece.
7:00 PM EST | February 22, 2009
Energy Exerter Drilling Rig Successfully Loaded, Set for Greece
Fairstar Heavy Transport has successfully loaded the Energy Exerter drilling rig onto the heavy tranport vessel Fjord for transport to Greece.
7:00 PM EST | January 13, 2009
Northern Offshore Funds $18.1MM Commercial Paper Maturity
Northern Offshore has funded the principal and interest due for the maturity of its NOK 125 million commercial paper issue on December 12, 2008.
7:00 PM EST | December 10, 2008
Fairstar to Transport Energy Exerter Rig to Greece
Fairstar Heavy Transport entered into an agreement with Northern Offshore to transport the Energy Exerter drilling rig from Invergordon, Scotland, to Kavalla, Greece.
7:00 PM EST | December 04, 2008
Energy Enhancer to Drill Well in Centrica's Seven Seas Field
Northern Offshore UK was awarded a contract with Centrica Resources for the jackup Energy Enhancer. The one well drilling program in Centrica's Seven Seas Field is expected to begin in mid-April.
7:00 PM EST | December 03, 2008
Northern Offshore Reports 3Q Revenues of $74.9MM
Northern Offshore's revenues for the three months ended September 30, 2008 increased $26.7 million to $74.9 million compared to $48.2 million for the same period of 2007.
7:00 PM EST | November 23, 2008
Serica Bags 3 North Sea Licenses, to Spud First Chablis Well
Serica Energy has been offered three UK exploration licenses in the UK 25th Seaward Licensing Round.
7:00 PM EST | November 16, 2008
Northern Offshore Nabs New Jackup Contract Offshore Greece
Northern Offshore was awarded a contract with Aegean for the jackup Energy Exerter.
7:00 PM EST | November 06, 2008
FAIR to Transport Energy Exerter Jackup to Scotland
FAIR has entered into an agreement with LLC Gazflot to transport the jackup Energy Exerter from Kirkenes, Norway, to Invergordon, Scotland, in early December for a total contract value of $6.4 million.
7:00 PM EST | November 02, 2008
Energy Enhancer's Drilling Ops Recommence at Esmond
EnCore has received confirmation from the operator, Star Energy, that drilling operations on Esmond recommenced Friday morning, October 31, at approximately 7:00 am.
7:00 PM EST | November 02, 2008
Northern Offshore Backs Out of North Sea Rigs Purchase
Two of Northern Offshore's wholly owned subsidiaries are terminating their previously announced agreements to acquire two North Sea semisubmersible drilling rigs from affiliates of Transocean.
8:00 PM EST | October 27, 2008
EnCore Says Esmond Drilling Ops to Restart Next Week
EnCore has provided a further update following the incident on the Energy Enhancer drilling rig on Sunday, October 19.
8:00 PM EST | October 23, 2008
Small Fire Extinguished on Energy Enhancer
Northern Offshore reported that a small fire had broken out on the Energy Enhancer jackup rig owned by an affiliate of Northern Offshore. The rig was operating in the UK Sector of the North Sea.
8:00 PM EST | October 19, 2008
Star Energy to Commence Drilling after Energy Enhancer's Safety Checks
EnCore Oil has provided the following update following an incident on the Energy Enhancer drilling rig over the weekend.
8:00 PM EST | October 19, 2008
Energy Searcher Wins Contract from Vietgazprom
Northern Offshore says the Energy Searcher has been awarded a one year contract from Vietgazprom that is scheduled to start in mid-2009.
8:00 PM EST | October 16, 2008
EnCore Spuds Esmond Well in UK North Sea
EnCore Oil announced that the Esmond field pressure test well has spudded. The Energy Enhancer jackup rig is drilling the well which is located on UK North Sea Block 43/13a.
8:00 PM EST | September 23, 2008