Sinvest ASA Company News

Recent Articles

Results 41 articles shown

Keppel FELS Delivers Fourth Sinvest Jackup Drilling Rig
Keppel FELS has delivered the jackup drilling rig, Deep Driller 6, to Sinvest on time and within budget.
8:00 PM EST | October 16, 2008
Chevron Contracts Deep Driller 2 for Operations Offshore Thailand
A subsidiary of Sinvest AS and DDI Holding AS has entered into a contract with Chevron Offshore (Thailand) Limited for provision of the jack-up drilling rig, Deep Driller 2.
7:00 PM EST | December 26, 2007
Keppel On Track to Deliver Another Super B Jackup
Keppel FELS Limited (Keppel FELS) is on course to deliver another KFELS Super B Class jackup drilling rig to repeat customer, Sinvest AS (Sinvest), a subsidiary of Aban Singapore Pte Ltd (Aban) on time and within budget.
8:00 PM EST | June 17, 2007
GeoGlobal Issues Update on KG Activities
GeoGlobal Resources says GSPC has completed drilling the KG#16 well to a total depth of 5,372 meters measured depth and the well is currently being cased with a 7-inch liner to TD.
8:00 PM EST | May 13, 2007
Aban Acquires Remaining Sinvest Shares
Aban Singapore Pte Ltd (ASPL) has acquired the remaining 1.99% shares of Sinvest ASA.
8:00 PM EST | March 27, 2007
Sinvest Receives Contract Termination Notice from Reliance Industries
Deep Drilling 1 Pte Ltd received a Notice of Termination from Reliance Industries related to the contract disclosed February 7, 2006. Sinvest disputes Reliance Industries Ltd's right to terminate the contract.
8:00 PM EST | March 11, 2007
Murmanskaya Wins LOI for Work Offshore Sakahalin Island
The Murmanskaya has received a Letter of Intent with Venineft LLC for drilling one exploration well offshore Sakhalin Island at the Veninskiy block.
7:00 PM EST | February 25, 2007
Aban Offshore Completes Sinvest Offer, Now Holds 97%
Aban Offshore through its subsidiary, Aban Singapore Pte Ltd and Aban International Norway AS together hold approximately 59.15 Million shares of Sinvest ASA offer representing approximately 97% of the Share capital of Sinvest ASA.
7:00 PM EST | February 18, 2007
Deep Driller 3 Receives LOI for Work in Malaysia
Sinvest and Premium Drilling have agreed to a Letter of Intent with a major operator for a drilling contract offshore Malaysia for the Deep Driller 3.
7:00 PM EST | January 14, 2007
Oslo Exchange Okays Aban Offer Document for Sinvest Acquisition
Aban Offshore Ltd on Tuesday informed the Bombay Stock Exchange that the Oslo Stock Exchange has approved the offer document submitted by Aban International Norway AS to acquire the outstanding shares in Sinvest ASA.
7:00 PM EST | January 08, 2007
Aban Terminates Sinvest Swap Deals
Aban Offshore Ltd said that it has informed the Bombay Stock Exchange that its subsidiary, Aban Singapore Pte Ltd (ASPL), and its subsidiary have terminated the total Return Swap (TRS) Agreements entered into with First Securities ASA and ICICI Bank.
7:00 PM EST | January 02, 2007
Aban to Make Offer for Remaining Sinvest Shares
Aban Offshore Ltd said Friday that its wholly owned subsidiary Aban Singapore Pte Ltd ("ASPL") has announced its intention to present a mandatory offer to acquire the remaining shares of Sinvest ASA.
7:00 PM EST | December 28, 2006
Sinvest Hires Financial Advisor
Based on events that have taken place during the last weeks, the Board of Directors of Sinvest have decided to engage a financial advisor.
8:00 PM EST | October 24, 2006
Keppel FELS on Course to Deliver Another KFELS Super B Class Jackup
Keppel FELS is on course to deliver another KFELS Super B Class jackup drilling rig to repeat customer, Sinvest ASA on time and within budget.
8:00 PM EST | October 15, 2006
Scorpion's Order for Sinvest Shares Lapses
Scorpion's conditional order for the purchase of more than 50% of the outstanding share in Sinvest ASA lapsed today.
8:00 PM EST | October 15, 2006
Scorpion Offshore to Purchase More than 50% of Sinvest
Pareto Securities ASA has received a conditional order from Scorpion Offshore Ltd. to acquire more than 50% of the outstanding shares in Sinvest ASA at a price per share of NOK 128.5 per share.
8:00 PM EST | October 12, 2006
Pearl Oil Terminates LOI for Deep Driller 3
Pearl Oil has decided to terminate its LOI with Sinvest for the Deep Driller 3. The rig will now be available in December 2006.
8:00 PM EST | October 10, 2006
Sinvest Snags Contract for Deep Driller 3
Sinvest has agreed to a Letter of Award with a major oil company for a drilling contract in South East Asia for the Deep Driller 3.
8:00 PM EST | September 13, 2006
Deep Driller 3 Awarded LOI for Work Offshore Indonesia
The Deep Driller 3 has received a letter of intent from Pearl Oil (Sebuku) for a five well contract offshore Indonesia.
8:00 PM EST | August 17, 2006
Petrolia Cancels LOI for DS Deep Venture
Venture Drilling AS and a major operator have decided to not proceed with the Letter of Intent for the hire of "DS Deep Venture".
8:00 PM EST | July 03, 2006
Aban Subsidiary Takes Stake in Sinvest
Aban Singapore Pte Ltd., a wholly owned subsidiary of Aban Loyd Chiles Offshore Ltd., has entered into an agreement with Skeie Group AS to purchase 20,491,870 shares in Sinvest ASA, representing 33.8% of the shares outstanding.
8:00 PM EST | June 15, 2006
Singapore Bids Farwell to Deep Driller 1 and Deep Driller 2
The Deep Driller 1 and Deep Driller 2 have departed Singapore and are now on their way to begin work offshore India and Brunei, respectively.
8:00 PM EST | June 05, 2006
Sinvest ASA De-merger Plan Approved by Board
The Board of Sinvest approved the de-merger plan. The rationale of the de-merger is to focus the strategy of the Company: One company will focus on investment in jackups, while the second company will focus on investment opportunities.
8:00 PM EST | May 29, 2006
Sinvest Takes Delivery of Deep Driller 1
Sinvest has today taken delivery of the Deep Driller 1 jackup rig from the PPL Shipyard in Singapore.
8:00 PM EST | May 23, 2006
Sinvest Takes Delivery of Deep Driller 2
Sinvest has taken delivery of its first jackup from the Keppel FELS shipyard in Singapore.
8:00 PM EST | April 26, 2006
Keppel FELS on Track to Deliver One of the World's Deepest Jackups
Keppel FELS is on track to deliver one of the world's deepest drilling rigs, Deep Driller 2, to Sinvest ASA on time and within budget.
8:00 PM EST | April 09, 2006
Awilco Reaches Agreement with Petrojack for Jackup Sale
Awilco Offshore ASA and Sinvest ASA have reached a conditional agreement with Petrojack ASA for the acquisition of their ownership interest in three jack up rigs under construction in Singapore.
8:00 PM EST | April 03, 2006
Petrojack Negotiating Terms for Possible Sale of Jackup Fleet
Petrojack has negotiated terms and conditions for a possible sale of all three rigs with the highest bidder of the whole fleet. The board of directors has not made any decision regarding a sale of rigs and will hold a meeting to vote on the sale.
7:00 PM EST | March 28, 2006
Sinvest Enters Charter Agreement for Murmanskaya
Sinvest ASA has acquired 100% of the shares in Beta Drilling AS from Skeie Group. Beta Drilling and FSUE have earlier entered into a charter agreement for hire of the jackup Murmanskaya for a period of 3 years after an initial reactivation period.
7:00 PM EST | March 23, 2006
Sinvest Completes Financing of Rig Program
Sinvest ASA has, through its wholly owned subsidiary DDI Holding AS decided to issue two new Bond loans, and Pareto Securities ASA has been given the mandate as arranger for these new issues, which are now fully subscribed.
7:00 PM EST | February 23, 2006
Sinvest Receives LOI for Deep Driller 1
Sinvest ASA has received a letter of intent from a major operator for an 18-month drilling contract offshore South East Asia.
7:00 PM EST | February 06, 2006
Contract Executed for Deep Driller 2
Sinvest ASA has now executed a drilling contract with Brunei Shell Petroleum Company Sendirian Berhad. The contract term has been increased from twelve months to a period of sixteen months.
7:00 PM EST | February 06, 2006
Sinvest Exercises Option to Build Third Baker Marine Pacific Class Jackup
Sinvest ASA has utilized a current option for construction of one additional Baker Marine 375 "Pacific Class" jackup.
7:00 PM EST | February 06, 2006
Sinvest Issues New Bond Loan
Sinvest ASA has entered into an arrangement with Pareto Securities ASA for a private placement of a Bond Loan of US $140 million, with a fixed rate of 9.3 percent.
7:00 PM EST | January 30, 2006
Sinvest to Build Fifth Jackup at Keppel FELS
Sinvest ASA has utilized an option to build a fifth rig at Keppel FELS Limited in Singapore.
7:00 PM EST | January 24, 2006
Sinvest to Issue New Shares
Sinvest ASA has retained Pareto Securities ASA to advise on and effect an equity issue directed towards professional Norwegian and international investors.
7:00 PM EST | January 23, 2006
Venture Drilling Receives LOI for Deep Venture
Venture Drilling AS and Premium Drilling have agreed to a Letter of Intent with a major operator for a drilling contract in the US Gulf of Mexico.
7:00 PM EST | December 18, 2005
Venture Drilling to Issue Bond Loan
Venture Drilling AS, issues a private placement bond loan amount of US $40 million and maturity December 2010.
7:00 PM EST | December 06, 2005
Valentin Shashin Awarded 5-Year Charter; to be Renamed D/S Deep Venture
Sinvest ASA, Petrolia Drilling ASA and FSUE Arktikmorneftegazrazvedka have entered into a set of agreements regarding the drillship Valentin Shashin, to be renamed D/S Deep Venture.
7:00 PM EST | November 28, 2005
Awilco & Sinvest to Cooperate on Acquisition of Petrojack ASA
Following discussions that were initiated August 29, 2005, Awilco Offshore and Sinvest have entered into an agreement to cooperate on the acquisition of Petrojack ASA.
8:00 PM EST | August 29, 2005
Keppel FELS to Build Sinvest's Fourth 'Super B' Class Jackup
Keppel FELS has secured from Sinvest ASA, through its wholly owned subsidiary, Deep Drilling Invest Pte Ltd, a US$145 million contract to build a KFELS Super B Class jackup.
8:00 PM EST | August 03, 2005