Fred Olsen Production ASA Company News

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Fred. Olsen Semisub Wins BP Gig
Fred. Olsen enters a 3 year contract with BP for use of the semisubmersible drilling rig Byford Dolphin.
8:00 PM EST | June 07, 2012
Lundin Opts for Additional Well with Bredford Dolphin Semisub
Lundin has exercised the option for an additional well with Fred. Olsen Energy for use of the semisub drilling unit Bredford Dolphin.
7:00 PM EST | February 28, 2012
Fred. Olsen Enters LOI for FPSO Offshore Vietnam
Fred. Olsen has entered into an LOI with PetroVietnam relating to contracts for construction and installation and subsequent chartering of an FPSO offshore Vietnam.
7:00 PM EST | December 08, 2011
Fred. Olsen Lands $1.4B in Anadarko Orders
Fred. Olsen has entered into contracts for the provision of semisub Belford Dolphin and its newbuild drillship with Anadarko.
7:00 PM EST | November 17, 2011
Fred. Olsen Production CEO to Resign
Fred Olsen Production informed that Mrten Lunde will resign as CEO of the Company on July 31, 2011.
8:00 PM EST | June 19, 2011
Lundin Contracts Fred Olsen Semisub for NCS Drilling
Fred Olsen has entered into a Letter of Award for the provision of the semisub Bredford Dolphin with Lundin for operation on the Norwegian Continental Shelf.
8:00 PM EST | May 18, 2011
Bideford Dolphin Continues Work for Statoil on NCS
Statoil has entered into a three-year drilling contract for the Bideford Dolphin semisub for operation on the Norwegian Continental Shelf.
8:00 PM EST | March 16, 2010
Bredford Dolphin to Spin Bit for RWE on Norwegian Shelf
RWE Dea was awarded a 60-day drilling contract for the Bredford Dolphin semisub, which will operate on the Norwegian continental shelf.
7:00 PM EST | January 07, 2010
Borgholm Dolphin Buys More Time in UK Sector
Dolphin Drilling has entered into an agreement for a two-month extension of the present contract with the accommodation semisubmersible Borgholm Dolphin in the UK sector.
8:00 PM EST | September 03, 2009
FSO Knock Nevis to Demobilize from Al Shaheen Offshore Qatar
Maersk Oil's contract for the FSO Knock Nevis expires today, and the FSO will demobilize from the Al Shaheen field offshore Qatar.
8:00 PM EST | August 11, 2009
AGR Updates on Revised Terms of Bredford Dolphin Contract
AGR has provided an update on the revised terms within the contract beween Dolphin and RWE Dea Norge for the Bredford Dolphin semsisub, which will be operated by AGR on the Norwegian continental shelf.
8:00 PM EST | June 22, 2009
AGR Buys Time for Bredford Dolphin Campaign Off Norway
AGR has entered into a Letter of Agreement with RWE Dea Norge AS for a 160 days drilling contract for the semisubmersible drilling rig Bredford Dolphin for operation on the Norwegian continental shelf.
8:00 PM EST | June 18, 2009
Knock Allen FPSO Starts Producing at Olowi Field Offshore Gabon
FPSO Knock Allan has completed a successful production start-up in Gabon and commenced a 10 year contract with Canadian Natural Resources.
8:00 PM EST | May 11, 2009
Fred Olsen Underscores Dolphin Rig Contracts, Operations
Fred Olsen has provided an operational report for the 4th quarter 2008 for its drilling, engineering and fabrication divisions.
7:00 PM EST | February 10, 2009
Knock Dee FSO Chartered for El Paso's Pinauna Field Offshore Brazil
The Knock Dee vessel has been exclusively retained for use as a floating storage and offloading vessel for the Pinauna field offshore Brazil.
7:00 PM EST | January 04, 2009
Off the Table: Fred Olsen Terminates Agreement for FPSO Knock Taggart
Fred Olsen Production has terminated the contract for the provision of the FPSO Knock Taggart for the East Orovinyare field offshore Gabon.
7:00 PM EST | December 15, 2008
Consortium Secures Borgland Dolphin for $775MM Offshore Norway
Rocksource reported that the final contract for the semisubmersible drilling rig Borgland Dolphin's operations on the Norwegian Continental Shelf is being signed by all parties involved.
8:00 PM EST | August 27, 2008
FOP, GGPC Enter Agreement for FPSO Knock Taggart Offshore Gabon
Fred Olsen has entered into an agreement with GGPC Gabon (EOV) Limited for the provision of FPSO Knock Taggart for the East Orovinyare Field offshore Gabon.
8:00 PM EST | August 27, 2008
Blackford Dolphin Swims for Tullow Offshore Ghana
The semisub Blackford Dolphin has completed the commissioning and test phase in Rotterdam and has commenced mobilization under the drilling contract with Tullow offshore Ghana.
8:00 PM EST | August 20, 2008
Rocksource Secures Rig Capacity to Drill on Norwegian Continental Shelf
Rocksource announced that the Company has entered into a rig consortium and secured rig capacity for drilling exploration wells on the Norwegian Continental Shelf.
8:00 PM EST | August 07, 2008
Fred Olsen, El Paso Enter LOI for FSO Offshore Brazil
Fred Olsen Production and El Paso Maritime B.V have entered into a LOI for the provision of Knock Dee as a floating storage and offloading vessel on the Pinauna field offshore Brazil for a minimum period of 10 years.
8:00 PM EST | July 31, 2008
Dolphin Inks New Bank Credit Facility
Dolphin International AS signed a new six-year bank credit facility of up to US $1.5 million. The credit facility will be used to prepay existing loans and for general corporate purposes.
8:00 PM EST | June 01, 2008
FPSO Contract Extension Garners $40 Million
Tinworth extends contract with Vaalco, Gabon for FPSO Petroleo Nautipa.
8:00 PM EST | October 16, 2007
Lamprell Wins $33M in New Contracts
Lamprell Plc has won more than US$33.0 million in topside and process module fabrication contracts and jackup rig refurbishment contracts.
8:00 PM EST | May 31, 2007
Maurbeni Teams Up with Fred Olsen Production
Marubeni and Fred. Olsen Production have formed a strategic alliance for the identifying and executing FPSO/FSO projects in certain countries in the Asian region.
8:00 PM EST | May 09, 2007
Fred. Olsen Accepts $500M Finance Deal
Fred. Olsen Production ASA has accepted an offer for a US$500 million, 10-year secured revolving credit facility that will be used to refinance existing loans, general corporate funding purposes, and future development of the company's fleet.
8:00 PM EST | April 17, 2007
Fred Olsen Pte Inks Deal to Upgrade Knock Nevis FSO
First Olsen Pte. Ltd has entered into an agreement with Maersk Oil Qatar for the upgrading of the capacity of the Knock Nevis floating, storage and offloading vessel (FSO) currently on contract to Maersk on the Al- Shaheen field, offshore Qatar.
7:00 PM EST | February 28, 2007
Fred Olsen Holds Private Placement
Fred Olsen Production AS has successfully completed a private placement of 44 million new shares at a subscription price of NOK 27 per share, with gross proceeds of NOK 1,188 million.
7:00 PM EST | February 12, 2007
Fred Olsen Production in Private Placement
Fred Olsen Production intends to do a Private Placement of new shares of up to US $200 million based on a 'pre-money' valuation range of the equity in the company of US $250-290 million.
7:00 PM EST | January 28, 2007