Fred Olsen. Energy to scrap two rigs

Belford Dolphin drillship

Fred Olsen. Energy has decided to scrap two of its drilling rigs, one semi-submersible and one drillship. 

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More red ink for FOE

Fred. Olsen Energy (FOE) booked a bigger loss in the first quarter of 2018 as its revenues fell compared to the ...

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With entire fleet in lay-up, FOE swings to loss

Norwegian offshore driller Fred. Olsen Energy recorded a loss in the fourth quarter 2017 as its revenues tumbled ...

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BP hires Blackford Dolphin rig for UK North Sea well

The contract is worth around $8.2 million, meaning the dayrate for the rig is around $136.000.

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All FOE rigs to be out of action soon?

Fred. Olsen Energy’s entire offshore rig fleet will be out of action soon once its last working rig comes off ...

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Anadarko terminates Dolphin drillship contract

Dolphin Drilling, a subsidiary of Fred. Olsen Energy, has received a termination for convenience notice from ...

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Fred. Olsen Energy swings to loss

Norwegian offshore driller Fred. Olsen Energy sank to a loss in 3Q 2016 and saw a decrease in its revenues when ...

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HHI, Fred. Olsen in arbitration over cancelled rig deal

Bollsta Dolphin

Fred. Olsen Energy has informed that its dispute with Hyundai Heavy Industries (HHI) regarding a contract for the ...

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Fred. Olsen Energy: Rig supply/demand gap to be here in 2016

Fred. Olsen Energy, a Norwegian company owning drilling rigs, has said that floating rigs market continues to be ...

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Anadarko terminates ‘Belford Dolphin’ contract

Anadarko, a U.S.-based independent oil and gas exploration and production company has terminated a contract for one ...

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Fred. Olsen raises cash for newbuild ‘Bollsta ...

Fred. Olsen Energy ASA has signed a new six-year bank credit facility of up to $2 billion. The company said in the ...

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Fred. Olsen Energy reports revenue decrease in offshore ...

Fred. Olsen Energy has announced financial results for Q1 2014. The company has reported an operating profit before ...

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Fred. Olsen Energy Enters LOI for Rig Provision for ...

  Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA , has entered into a Letter of Intent for the ...

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Fred. Olsen Energy Orders New Ultra-Deepwater Drillship ...

  A wholly owned subsidiary of Fred. Olsen Energy ASA  has entered into a turnkey contract with Hyundai Heavy ...

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Norway: Fred. Olsen Energy Enters Contract for ...

 Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has entered into a contract for the provision of the ...

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