Northern Offshore Company News
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Offshore UAE Contract Goes to Northern
Thursday, September 05, 2019 The rig will mobilize offshore Abu Dhabi.
Northern Offshore Delays Delivery of 2 Jackups Now Being Built in China
Wednesday, April 01, 2015 Northern Offshore negotiates a nine-month delay in deliveries of its newbuild jackups Energy Engager and Energy Encounter.
Northern Offshore Issues Notice to Terminate Contract for Energy Searcher
Tuesday, January 13, 2015 Northern Offshore issues notice to terminate contract with a CAMAC's affiliate for the Energy Searcher drillship.
Energy Searcher Signed Up for Nigeria Drill
Monday, December 09, 2013 Northern Offshore reports that its Energy Searcher drillship has been contracted to drill offshore Nigeria.
Northern Offshore Inks Deal for Two Jackups
Friday, October 04, 2013 Northern Offshore signs a $180 million contract for the construction of two jackups.
Maersk Extends North Sea Energy Enhancer Gig
Monday, April 01, 2013 Northern Offshore receives a declaration from Maersk exercising the first of three one-year options for the jackup Energy Enhancer.
Northern Offshore Lines Up North Sea Gig
Tuesday, February 19, 2013 Northern Offshore UK receives a contract with ADTI for the jackup Energy Endeavour.
Northern Offshore Lines Up India Gig for Semisub Energy Driller
Wednesday, September 21, 2011 Northern Offshore announced that its subsidiary received a Letter of Award from ONGC for its semisubmersible Energy Driller for work offshore India.
Northern Offshore Secures New Contract for Jackup Energy Enhancer
Thursday, September 01, 2011 Northern Offshore announced that its subsidiary, Northern Offshore U.K. Limited, was awarded a contract from Maersk for the jackup Energy Enhancer.
Northern Offshore Reports 2Q Earnings
Thursday, August 18, 2011 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.
Northern Offshore Awarded Maersk Contract for Jackup
Friday, February 25, 2011 Northern Offshore was awarded a contract with Maersk for the jackup Energy Endeavour.
Northern Offshore Lands Perenco Gig for Jackup
Wednesday, January 19, 2011 Northern Offshore's subsidiary, Northern Offshore U.K. Limited, was awarded a contract with Perenco for the jackup Energy Enhancer.
Northern Offshore Welcomes New Senior VP
Monday, September 06, 2010 Northern Offshore announced that Mr. Paul Ravesies has joined the company as Senior Vice President, Marketing and Business Development.
Northern Offshore Notes Resignations of Senior VPs
Thursday, July 29, 2010 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.
Northern Offshore Appoints New CEO
Tuesday, July 27, 2010 Northern Offshore announced that Mr. Gary W. Casswell has been appointed by the directors to serve as President and CEO.
Northern Offshore Waves Goodbye to CFO
Tuesday, May 11, 2010 Northern Offshore announced that the company's Senior Vice President and Chief Financial Officer, Michael R. Dawson, has resigned from the company.
Energy Searcher to Undergo Repairs
Tuesday, May 04, 2010 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.
Northern Offshore Enters into $120MM Credit Facility
Monday, April 26, 2010 Northern Offshore has entered into a $120 million Secured Revolving Credit Facility maturing in September 2011.
Perenco Contracts Energy Enhancer for Inde Field
Wednesday, April 21, 2010 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.
Northern Offshore Extends Term Loan Agreement
Tuesday, March 16, 2010 Northern Offshore and its lenders have executed an amendment to their US $300 million Secured Term Loan Facility Agreement.
Northern Offshore's 4Q Revenues Down from 2008
Thursday, February 25, 2010 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.
Northern Offshore Welcomes New Director
Wednesday, February 03, 2010 Northern Offshore announced that Ms. Cecilie Fredriksen has been selected by the current directors to fill one of the vacant positions on the board.
Northern Offshore Delivers Drilling Support Services in Caspian Sea
Thursday, November 26, 2009 Northern Offshore UK has secured a contract with Caspian Drilling Company for the provision of support services for drilling operation in the Caspian Sea.
Northern Offshore Waves Goodbye to CEO
Thursday, November 19, 2009 Northern Offshore's president and CEO, Marion Woolie, has resigned from the company effective immediately.
Energy Endeavour Continues Drilling Ops for Maersk Oil & Gas
Tuesday, November 17, 2009 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.
Northern Offshore Comments on Northern Producer's Backlog
Thursday, October 29, 2009 Northern Offshore has announced a revision of estimated 2010 production tariff revenues from its offshore floating production facility, the Northern Producer.
Energy Exerter Completes Drilling Off Greece
Friday, August 07, 2009 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.
Energy Searcher Drillship Arrives On Location in Vietnam
Thursday, May 28, 2009 Northern Offshore announced that the drillship Energy Searcher departed the port at Da Nang, Vietnam following governmental clearance, and has arrived on location.
Northern Offshore Snags New Contract Award for Energy Enhancer
Thursday, May 14, 2009 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.
Northern Offshore Confirms Production Start Up from Northern Producer
Thursday, April 30, 2009 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.
Ithaca Highlights E&P Developments in North Sea for 2008
Thursday, March 26, 2009 Ithaca has reported on its financial earnings for 2008, as well as exploration and appraisal drilling and ongoing field developments in the North Sea.
Ithaca Encounters Gas at Carna, Secures Rig for Jacky Work
Thursday, March 05, 2009 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.
Fairstar Arrives in Greece with Energy Exerter Jackup
Monday, March 02, 2009 Fairstar has safely discharged the Northern Offshore jackup rig Energy Exerter in Kavalla, Greece.
Northern Offshore Adds 2 Acquired Rigs, Reaps Record Profits
Thursday, February 26, 2009 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.
Energy Exerter Heads to Greece after Pechora Sea Ops
Monday, February 23, 2009 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.
Energy Exerter Drilling Rig Successfully Loaded, Set for Greece
Wednesday, January 14, 2009 Fairstar Heavy Transport has successfully loaded the Energy Exerter drilling rig onto the heavy tranport vessel Fjord for transport to Greece.
Northern Offshore Funds $18.1MM Commercial Paper Maturity
Thursday, December 11, 2008 Northern Offshore has funded the principal and interest due for the maturity of its NOK 125 million commercial paper issue on December 12, 2008.
Fairstar to Transport Energy Exerter Rig to Greece
Friday, December 05, 2008 Fairstar Heavy Transport entered into an agreement with Northern Offshore to transport the Energy Exerter drilling rig from Invergordon, Scotland, to Kavalla, Greece.
Energy Enhancer to Drill Well in Centrica's Seven Seas Field
Thursday, December 04, 2008 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.
Northern Offshore Reports 3Q Revenues of $74.9MM
Monday, November 24, 2008 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.
Serica Bags 3 North Sea Licenses, to Spud First Chablis Well
Monday, November 17, 2008 Serica Energy has been offered three UK exploration licenses in the UK 25th Seaward Licensing Round.
Northern Offshore Nabs New Jackup Contract Offshore Greece
Friday, November 07, 2008 Northern Offshore was awarded a contract with Aegean for the jackup Energy Exerter.
FAIR to Transport Energy Exerter Jackup to Scotland
Monday, November 03, 2008 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.
Energy Enhancer's Drilling Ops Recommence at Esmond
Monday, November 03, 2008 EnCore has received confirmation from the operator, Star Energy, that drilling operations on Esmond recommenced Friday morning, October 31, at approximately 7:00 am.
Northern Offshore Backs Out of North Sea Rigs Purchase
Tuesday, October 28, 2008 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.
EnCore Says Esmond Drilling Ops to Restart Next Week
Friday, October 24, 2008 EnCore has provided a further update following the incident on the Energy Enhancer drilling rig on Sunday, October 19.
Small Fire Extinguished on Energy Enhancer
Monday, October 20, 2008 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.
Star Energy to Commence Drilling after Energy Enhancer's Safety Checks
Monday, October 20, 2008 EnCore Oil has provided the following update following an incident on the Energy Enhancer drilling rig over the weekend.
Energy Searcher Wins Contract from Vietgazprom
Friday, October 17, 2008 Northern Offshore says the Energy Searcher has been awarded a one year contract from Vietgazprom that is scheduled to start in mid-2009.
EnCore Spuds Esmond Well in UK North Sea
Wednesday, September 24, 2008 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.