Seadrill launches new mandatory offer for remaining shares in Scorpion Jun 7, 2010On May 31, 2010, Seadrill Limited (Seadrill) declared the acquisition of a further 9,071,948 shares in Scorpion Offshore Limited (Scorpion) taking its total holding to
Scorpion Offshore gets LOA for Offshore Vigilant May 26, 2010Scorpion International Ltd., a wholly-owned subsidiary of Scorpion Offshore Ltd., received a letter of agreement (LOA) from two European Majors for the use
Scorpion Offshore secures $240 million loan from Seadrill Apr 29, 2010Scorpion Offshore Ltd. has finalized a $240 million loan from Seadrill Limited, the Company's largest shareholder.
Seadrill announcement of mandatory cash offer for remaining Scorpion shares Apr 13, 2010Scorpion Offshore Ltd. acknowledges the announcement by Seadrill Limited on 12 April 2010 that Seadrill has acquired additional shares in Scorpion at a price
Scorpion Offshore signs contract for drilling program Offshore Vietnam Apr 5, 2010Scorpion International Ltd., a wholly-owned affiliate of Scorpion Offshore Ltd., has signed a contract with a local operator for a drilling program offshore Vietnam
Scorpion files notice of Arbitration for offshore Vigilant Feb 18, 2010Scorpion Nederlandse B.V, Venezuela Branch., a wholly-owned subsidiary of Scorpion Offshore Ltd., has filed an official notice of arbitration related to its payment
Scorpion Offshore secures short-term financing Nov 13, 2009Scorpion Offshore secured financing of $27.7 million (the "Note"), which will be used to meet the current progress payment under the Offshore Mischief construction contract.
Scorpion Offshore receives LOI for offshore Vigilant Oct 26, 2009Scorpion Vigilant Ltd., a wholly-owned subsidiary of Scorpion Offshore Ltd., received a letter of intent (LOI) from an independent US oil
Norway rig holdings heat up Jun 16, 2009Rig round-up:
Fred. Olsen Energy’s rig-managment business Dolphin AS has signed a letter of intent with German oil company RWE Dea’s Norwegian subsidiary for 160 days of drilling with the semi-sub Bredford Dolphin.
Scorpion Offshore secures $52 million credit facility Jun 5, 2009Scorpion Offshore successfully secured a $52 million loan facility to complete its working capital financing requirements.
Scorpion marks higher rig rates May 21, 2009Rig contractor Scorpion Offshore has reported surging revenues and income from its rigs higher day rates in the first three months of 2009, as the company moves on ...
Seadrill “hopeful” about shares in rigs Feb 23, 2009Rig-owning giant Seadrill said Monday that its fourth quarter result will include charges of no less than $775 million for falling share and currency values since ...
Oil, rig money fuel energy shares Jan 19, 2009Shares in Korean-owned shipyard STX Europe — much of the former Aker Yards — lead all stock performances in Oslo on Monday, as oil’s price fall continues ...
Scorpion secures financing for the offshore freedom Jan 15, 2009Scorpion Offshore through its subsidiary companies, Scorpion Freedom Ltd. and Scorpion Deepwater Ltd. (Deepwater), has secured financing for its remaining construction payments
Scorpion drops out of rig-building contract Jan 9, 2009In Friday’s second big rig news, Scorpion Offshore Ltd.’s announced its rig-owning business Scorpion Deepwater had failed to ...
