John Fredriksen’s rig investment company Northern Drilling has exercised its option for newbuild drillship from South Korean yard DSME. Northern Drilling is paying $350m for the drillship and delivery is flexible through to the end of the first quarter of 2021. Cobalt Explorer was originally...
https://splash247.com/northern-drilling-exercises-drillship-option-at-dsme/
John Fredirksen’s Flex LNG has sold 2018-built LNG carrier pair Flex Endeavour and Flex Enterprise to Hyundai Glovis for $420m. Hyundai Glovis is paying $300m and providing a seller’s credit of $120m. It will time charter the vessel back to Flex LNG for a period of ten years. Flex LNG has options...
https://splash247.com/flex-lng-seals-sale-and-charterback-with-hyundai-glovis-for-lng-carrier-pair/
John Fredriksen’s Flex LNG has tuned in to the Spotify route to Wall Street, pushing ahead with a direct listing on the New York Stock Exchange (NYSE). Flex LNG has revealed it submitted a draft registration statement on Form 20-F to the US Securities and Exchange Commission (SEC) as it pursues the...
https://splash247.com/flex-lng-tunes-in-to-the-spotify-route-to-wall-street/
Offshore driller Northern Drilling, part of John Fredriksen’s Seadrill, has secured a contract for newbuild semi-submersible rig West Bollsta. The Hyundai Heavy-built rig will perform a ten-well program which includes the development of the Luno II field and the Rolvsnes discovery in the Norwegian...
https://splash247.com/northern-drilling-newbuild-semi-submersible-finds-work-with-lundin/
The Petroleum Safety Authority Norway (PSA) said it is investigating a well control incident which occurred last week on Seadrill’s semi-submersible rig . The rig is currently operating for Equinor in the Barents Sea, and on January 16 during drilling operations the lower marine riser package on...
https://splash247.com/incident-on-seadrill-rig-being-investigated-by-norwegian-authorities/
Seadrill’s limited liability company Seadrill Partners has secured a six-well contract for 2009-built semi-submersible tender rig offshore Cote d’Ivoire. Commencement of the contract is scheduled for the third quarter of 2019 and will run through to the second quarter of 2020. The contract, with an...
https://splash247.com/seadrill-semi-tender-rig-get-six-well-deal-in-cote-divoire/
John Fredriksen’s Ship Finance International has finished off 2018 with the acquisition of two containerships, its fourth deal in the sector for the year. The company has added a pair of 2016-built 19,400 teu boxships and contracted them until late 2033 on long-term bareboat charters. The charters...
https://splash247.com/ship-finance-international-snaps-up-19400-teu-boxship-pair/
John Fredriksen’s Ship Finance International has entered into a $270m lease financing agreements with an Asian-based institution, which sees it sell three 10,600 teu containerships acquired earlier this year. The vessels are on long-term time charters to Maersk Line until 2024, with further options...
https://splash247.com/ship-finance-international-seals-270m-sale-and-leaseback-for-boxship-trio/
John Fredriksen’s rig investment company Northern Drilling has appointed Scott McReaken as chief executive officer effective today. McReaken steps up from the roles of CFO at Northern Drilling and CEO of Seven Drilling, and succeeds Gunnar Winther Eliassen who will continue to support the company...
Norway’s Seadrill Partners has secured contract in Malaysia with Petronas Carigali for 2008-built drillship . The contract is for one well, with two options, and the firm part of the contract is valued at around $11m. Commencement of the contract is scheduled for the third quarter of 2019. West...
https://splash247.com/seadrill-drillship-awarded-petronas-contract/