Awilco Inks LOI with Suncor Energy
Thursday, May 03, 2012 Awilco Drilling has signed a Letter of Intent with Suncor Energy to extend the contract for WilHunter for the drilling of a second firm well estimated at 61 days.
AGR Lands North Sea Drilling Contract with Awilco
Friday, February 04, 2011 AGR has confirmed it has entered into a Letter of Intent with Awilco to provide well management services on the semisub WilPhoenix.
Analysis: COSL Aims to Go Global
Monday, September 28, 2009 COSL was once constrained to the waters offshore China, but since its purchase of Awilco Offshore, the company is on its way to becoming a leading worldwide offshore rig provider.
Verenex Deal Collapse Has China Parallel
Wednesday, September 09, 2009 Chinese energy officials upset at China National Petroleum Corp.'s failed $460 million buyout offer for Libya-focused Verenex should remember the maxim "what goes around, comes around."
China Oilfield Services' Deepwater Rig Project to be Delayed
Friday, December 05, 2008 COSL has delayed construction of one of the deepwater drilling rigs previously ordered by Awilco Offshore.
COSL Completes Main Body Construction for COSLPioneer Semisub
Monday, November 24, 2008 COSL successfully assembled the deck module to the ship hull of its semisubmersible rig COSLPioneer.
Awilco Snags LOI from CNOOC for WilSeeker, WilBoss Jackups
Monday, October 13, 2008 Awilco through Premium Drilling received a LOI from CNOOC for a two year drilling program for the jackups WilSeeker and WilBoss.
COSL Names New Jackup 'WilSeeker'
Thursday, October 09, 2008 COSL has successfully hosted a naming ceremony in Singapore for its new 375-feet jackup drilling rig WilSeeker.
YRS Executes Load-Out for Awilco's Semisub WilPioneer
Thursday, October 09, 2008 Yantai Raffles Shipyard successfully executed the load-out operation for the first of Awilco Offshore's three semisubmersible drilling rigs which are under construction at the YRS shipyard in Yantai, Shandong Province on September 27, 2008.
COSL Cinches Acquisition of Awilco, Strengthens Norwegian Position
Tuesday, September 23, 2008 COSL completed its major acquisition of Awilco Offshore's shares in the largest 100%-stake overseas acquisition in the non-oil-and-gas category accomplished in the energy sector in China by value to date, and one of the highest strategic importance.
BP Contracts Borgland Dolphin for Skarv Ops Offshore Norway
Thursday, September 18, 2008 BP Norge has entered into a fixed term contract with Dolphin AS for use of their semisub Borgland Dolphin. The contract is for 433 days commencing January 2010 for pre-drilling in the Skarv field.
Awilco Highlights Jackup Commitments, Q2 Earnings
Thursday, August 21, 2008 Awilco Offshore ASA has provided an operational and financial update for the quarter ended June 30, 2008, which included information concerning the Company's jackup commitments and total revenue earnings.
Awilco Nabs LOI for Use of WilForce Jackup in Libya
Monday, August 11, 2008 Awilco Offshore through Premium Drilling received a Letter of Intent from an international operating company for a drilling program of two firm wells plus one optional well for the jackup drilling rig WilForce in Libya.
Awilco Nabs LOI for Drilling Program Offshore Indonesia
Tuesday, August 05, 2008 Awilco Offshore received a LOI from an International Operator, for a drilling program in Indonesia of 3 firm wells using the jackup drilling rig WilCraft. The estimated contract value for the firm period of 90 days is $17.5 million.
China's Commission Gives Go Ahead for COSL's Acquisition of Awilco
Thursday, July 31, 2008 The National Development and Reform Commission of the People's Republic of China has granted approval to the proposed acquisition of the entire issued share capital of Awilco Offshore by COSL.
COSL Gobbles Up AWO, Now Holds World's 8th Largest Rig Fleet
Thursday, July 10, 2008 China Oilfield Services Limited announced that it has purchased Awilco Offshore for a consideration of approximately $2.5, giving the Chinese firm the world's 8th largest rig fleet, including rigs currently under construction.
COSL to Launch Cash Tender Offer for 100% of Awilco's Shares
Monday, July 07, 2008 China Oilfield Services Limited announced that it has reached an agreement with Awilco Offshore ASA to launch a recommended voluntary cash tender offer for 100% of the shares of AWO for approximately US $2.5 billion.
ConocoPhillips Extends Rig Accommodation Contract with Awilco for $350MM
Monday, June 23, 2008 Awilco Offshore has reached an agreement with ConocoPhillips Skandinavia to extend the contracts for the accommodation units Port Rigmar and Port Reval for an accumulated period of approximately five years.
CNOOC Arm in Advanced Talks to Buy Awilco
Friday, June 20, 2008 A consortium led by the oil-services arm of China National Offshore Oil Corp. is in advanced talks to buy Norwegian oil drilling contractor Awilco Offshore ASA in a deal that could be valued at more than $2 billion.
Awilco Confirms Outsiders' Interest in Acquiring the Company
Friday, May 30, 2008 Awilco Offshore confirms that a third party has expressed an interest in acquiring the company, but an agreement has not been reached with the interested party.