AWDR Awilco Drilling

Awilco Drilling PLC: Invitation to Q1 2019 presentation

Awilco Drilling PLC: Invitation to Q1 2019 presentation

Awilco Drilling PLC’s First Quarter 2019 report will be released prior to market opening on Wednesday 15 May 2019. A quarterly presentation will be held on 15 May 2019 at 10:30 CET in Awilhelmsen's offices at Beddingen 8, Aker Brygge, Oslo, Norway. Please send an e-mail to by 13 May if you wish to attend the presentation.

A conference call will be held on 15 May 2019 at 13:30 UK time (14:30pm CET / 08:30 EST). The presentation will be available for download on the Investor Relations section (go to "Press Releases") at prior to the call. There will be a Q&A session after the presentation.

for the conference call or copy and paste the following address into your browser:



Once registered, you will receive an email with dial-in numbers and pins.

Aberdeen, 6 May 2019



For further information please contact:

Jens Berge, CEO

Phone:

Cathrine Haavind, IR Manager

Phone:

Email:

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

EN
06/05/2019

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Reports on Awilco Drilling

Martin Huseby Karlsen
  • Martin Huseby Karlsen

Large-cap commentary supports long-term offshore upcycle

Key takeaways from SLB, Halliburton and Baker Hughes Q4 earning calls include positive commentary on the ongoing offshore upcycle. They see continued growth in global EP spending in 2024 (high-single to low-doble digits), driven by offshore and international markets, while North America onshore outlook are less favourable. Lastly, SLB sees potential for more than USD100bn in global offshore FIDs in 2024 and 2025, while Baker Hughes expects over 300 subsea tree awards annually for the next 2–3 ye...

 PRESS RELEASE

AWILCO DRILLING PLC:

AWILCO DRILLING PLC: Awilco Drilling Plc: Keppel to apply for permission to appeal the second arbitration case Further to the stock exchange release of 23 November 2023 from Awilco Drilling PLC ("Awilco Drilling") regarding the ruling of the arbitration tribunal in favour of Awilco Rig 2 Pte. Ltd. ("AR2"), the Company has today been advised that Keppel FELS Limited ("KFELS") have lodged an application for leave to appeal the award of the tribunal with the High Court. We will revert once the High Court has made a decision as regards the application for leave to appeal. Aberdeen, 15 Ja...

Martin Huseby Karlsen
  • Martin Huseby Karlsen

Solid medium-term, but mixed long-term signals from Petrobras

As the largest global consumer of deepwater oil services, Petrobras’ strategic plans tend to attract investor attention. We consider its new 5-year plan mixed, but with solid support for near- to medium-term offshore activity from increased and high spending in 2024–2026. On the other hand, 2027–2028 spending looks set to trend down c20% sequentially, despite having been revised higher compared to its previous plan. Total spending is seen up 31% compared to the previous plan, driven by downstrea...

 PRESS RELEASE

Awilco Drilling PLC: Ruling of the second arbitration case 

Awilco Drilling PLC: Ruling of the second arbitration case  Reference is made to the Half-Year Report 2023 and the stock exchange release of 14 March 2023 from Awilco Drilling PLC (“Awilco Drilling”) regarding the termination of the newbuilding contract between Awilco Rig 2 Pte. Ltd. (“AR2”) and Keppel FELS Limited (“KFELS”) for the construction of a semi-submersible drilling rig, hull number B382. Today, the Company has received the arbitration tribunal ruling which is in AR2’s favour in an amount of USD 43.0 million plus interest and legal costs. The tribunal will issue a further awa...

Martin Huseby Karlsen
  • Martin Huseby Karlsen

High dayrates in Petrobras PLSV tender

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