Maersk Drilling's Fourth XLE Jack-up Rig Named
Maersk Drilling’s fourth XL Enhanced ultra harsh environment jack-up was named Friday morning at a ceremony held at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea. Mrs. Bente Norheim, wife of Jan Norheim…
Det Norske Funding Update
Subject to closing of the BP Norge transaction, the company has made certain changes to its two bank facilities, including an increase in its reserve-based lending (“RBL”) facility from USD 3.0 to 4.0 billion and certain amendments to the documentation.
BP, Det norske Join forces to form Aker BP
Deal creates strategic platform for long-term growth in Norway, combining Det norske’s efficient operating model with BP’s experience and technical expertise. BP and Det norske oljeselskap today announced the creation of Aker BP ASA…
