Odjfell Receives Cancellation Notice from Statoil

With reference to disclosure to Oslo Børs on December 8, 2006, Odfjell Invest Ltd. has been informed that Statoil's partners do not subscribe to Statoil's recommendation regarding the letter of intent for 'Deepsea Rig 1'.

Odfjell Invest Ltd.'s Chairman Ketil Lenning says: "The cancellation is regrettable as the company had expected the contract to be approved. We will now focus our attention towards continued marketing of the rig in a very strong market."

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Packer
Expertise: Storeman|Warehouse Person
Location: Lovell
 
Drivers
Expertise: Heavy Machinery Operator|Rig Mover|Truck / HGV Driver
Location: Midland, TX
 
Class A CDL Drivers INTERVIEW OPPORTUNITY
Expertise: Motorman
Location: San Antonio, TX
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours