NADL: Q2 Results – Consolidated Revenues at $210.7 million
Highlights from the second quarter • North Atlantic Drilling generated second quarter 2015 EBITDA* of $119.3 million • North Atlantic Drilling reports second quarter 2015 net income of $44.2 million and earnings per share of $0.17 Subsequent events • North Atlantic Drilling secured a contract extension for the semi-submersible rig …
NADL: Q1 Results
Highlights from the first quarter – North Atlantic Drilling generates first quarter 2015 EBITDA* of $92.4 million – North Atlantic Drilling reports first quarter 2015 net loss of $11.3 million and loss per share of $0.06 – Seadrill Limited provides guarantees for North Atlantic Drilling’s NOK1.5 billion bond maturing in …
North Atlantic Drilling: West Navigator Contract Terminated by Rosneft
North Atlantic Drilling Ltd. (NADL) has received a notice of termination from Rosneft of the service order for the West Navigator in connection with the Framework Agreement. The drillship was indicatively scheduled to commence operations under its five-year contract with Rosneft during the summer of 2015, which would have required …
NADL – North Atlantic Drilling Secure Commitment for Six Offshore Units from Rosneft
North Atlantic Drilling is pleased to announce that 6 binding offshore contracts have been executed with Rosneft Oil Company. The total revenue potential for the six contracts exclusive of mobilization is approximately US$4.25 billion. According to the agreement, any break rights expire after 100 days. The executed contracts include 5 …