North Sea Drilling

… Gas AS of Denmark has awarded Rowan Cos. Inc. a 1-year contract for use of the Rowan Gorilla VII jack up in North Sea drilling beginning in August. Rowan estimates contract revenues at $65 million. The contract has a 9-month minimum work …

… rig and supply shortages may prevent operators from achieving that number. European rig counts, driven largely by North Sea drilling , have been relatively flat for the last 7-8 years. RJ Energy Group analysts pointed to the new contracts between …

… more cost-effective. North Sea Shell plans a single ERD well for the Barnacle field in UK Block 211/29 of the North Sea , drilling from the Brent Delta platform, Offshore247.com reported in August. The Barnacle field was discovered in 1992 with …

… well at a fixed price. For example, Global Marine Integrated Services - Europe (GMIS-E), Global Marine's North Sea drilling management services company, is providing a completely outsourced drilling department to one operator. The company …

… organization can quickly reassign qualified professionals and share work in the organization. For instance, the North Sea drilling group manages scarce resources by developing and sharing best practices across operations in Norway, the U.K …

… equipment problems. Amoco U.K. Exploration Co. terminated its contract with Rowan Cos. Inc., Houston, for North Sea drilling with the Rowan Gorilla V. And Mobil Corp. canceled a contract on Houston-based R&B Falcon Corp.'s Jack Bates …

… V. The case stems from Amoco (UK) Exploration Co. (now part of BP) terminating its long-term contract for North Sea drilling while the Super Gorilla Class jack up was still under construction. Amoco alleged a breach in equipment performance …