Atwood Oceanics Inc News

Atwood Delays Drillship duo by Two Years

Atwood Oceanics, Inc. announced today that it has agreed with Daewoo Shipbuilding & Marine Engineering Co. ("DSME") to delay the requirement to take delivery of Atwood's two newbuild ultra-deepwater drillships, the Atwood Admiral and the Atwood Archer, by two years to September 30, 2019 and June 30, 2020, respectively. In connection with the delay, Atwood will make a payment of $125 million for the Atwood Archer on or before December 15, 2016, as well as a payment of $15 million on the earlier of June 30, 2018 or the delivery date.  In respect of the Atwood Admiral, Atwood will

18 O&G Leaders Appointed to NOIA Board

Bill Flores, Senior Vice President Engineering, Houston Energy, LP Lynne Hackedorn, Vice President Government and Public Affairs, Cobalt International Energy Richard Lunam, Vice President Exploration and Production, North America, ConocoPhillips Rob Saltiel, President and CEO, Atwood Oceanics, Inc. Richard Williams, Global Business Line Manager, Construction Support, Fugro  

Atwood Gets Jack-up Rig Contract Extension

An Atwood Oceanics, Inc. subsidiary awarded year's contract extension by Salamander Energy for the jackup 'Atwood Mako'. The extension is priced at a day rate of $155,000 and begins September 9, 2013. The Atwood Mako commenced its initial twelve month drilling services contract with Salamander on September 9, 2012 for operations offshore Thailand. With the extension, the Atwood Mako's firm commitment extends through September 9, 2014. Atwood Oceanics, Inc. is a global offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells.

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