Should you invest in Awilco Drilling (OB:AWDR)? Flawless balance sheet and overvalued. Last updated 2021/04/15 16:22.

UK offshore drilling contractor Awilco Drilling has exercised an option to order its second harsh-environment semi-submersible drilling rig from Keppel in Singapore for a price of $425 million. It has also decided to name a new CEO. The rig will be built to Moss Maritime’s CS60 ECO MW design and is expected to be delivered in March 2022.

Awilco said Monday that its subsidiary Awilco Rig 1 (AR1) had notified Singapore-based Keppel FELS that it had exercised its contractual termination right under a newbuilding contract between KFELS and AR1 for the construction of a semi-submersible drilling rig Awilco Drilling is a UK-based, Oslo-listed, offshore drilling firm with two 1980s built rigs in its fleet - the WilPhoenix, and the WilHunter. WilPhoenix has been the only active rig this year , as the WilHunter has been cold-stacked since 2016. Find the latest AWILCO DRILLING PL (AWDR.OL) stock quote, history, news and other vital information to help you with your stock trading and investing. Share Price & News.

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Awilco Rig 1 Pte. Ltd. (“AR1”), a wholly owned subsidiary of Awilco Drilling PLC (“Awilco Drilling”), has notified Keppel FELS Limited (“KFELS”) that it has exercised its contractual termination right under a newbuilding contract between KFELS and AR1 for the construction of a semi-submersible drilling rig, Nordic Winter, as a result of breaches under the Awilco Drilling’s fleet comprises of the two 3rd-Generation Harsh-Environment Semi-Submersible Drilling Rigs, WilPhoenix and WilHunter. The rigs have been extensively refurbished and upgraded by Awilco Drilling since their acquisition in 2010, offering customers improved reliability, operability and … Awilco Drilling said Monday that its subsidiary Awilco Rig 1 (AR1) had notified Keppel FELS that it had exercised its contractual termination right under a newbuilding contract between KFELS and AR1 for the construction of the semi-submersible drilling rig, Nordic Winter, "as a result of breaches under the vessel construction contract." Awilco Drilling has decided to cancel a semi-submersible rig order with rig builder Keppel due to breaches under the construction contract.

2021-03-15

Please lease find enclosed Source: Awilco Drilling Plc via Globenewswire. HUG#1914735. kommenterade AWILCO DRILLING. Awilco eller seadrill? Gilla (1) Följ tråd Kommentarer (1) Dölj kommentarer. Dela; Facebook; Tweet · E-post; Kopiera länk  Awilco Drilling Reports Great Earnings, Raises Dividend, But The Real Action Is from recency bias) so the news of upgraded BOP systems on the way should  Vi sänker vår riktkurs för Awilco Drilling till 13 NOK (22) eftersom vi räknar in av coronaviruset i landet, rapporterade Dow Jones Newswire. 71, Awilco Drilling Plc, AWDR.

1010 avenue of the moon new york, awilco drilling. 2 kingshill park | venture drive | arnhall business park | westhill | aberdeen ab32 6fl uk tel +44 (0) 1224 737900. Get the latest AWILCO DRILLING PLC (AWLCF) stock news and headlines to help you in your trading and investing decisions. 2020-12-30 · Awilco Rig 2 Pte. Ltd (AR2) has terminated its vessel construction contract with Keppel FELS Limited (KFELS) for the newbuild semi-submersible drilling rig Nordic Spring, AR2 parent company Awilco Awilco chief executive Jens Berge has quit, saying the troubled drilling rig contractor had reached a “crossroads”. Mr Berge joined Awilco, headquartered in Westhill, near Aberdeen, from Awilco Drilling is moving to recoup millions of pounds over a cancelled contract for a new rig build with Keppel FELS as the dispute between the two firms deepens. by Allister Thomas 29/12/2020, 7 In addition, Awilco said, that through a separate Awilco Drilling subsidiary it has an option for one further rig of the same design.
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View which stocks have been most impacted by COVID-19. In addition, Awilco said, that through a separate Awilco Drilling subsidiary it has an option for one further rig of the same design. In its third-quarter presentation last week, Awilco said there was "a substantial delay of new build Rig 2 (Nordic Spring) predominantly due to Covid-19," and that it was "not possible at this stage to give a definitive prediction of when delivery may take place." View the latest share news for AWILCO DRILLING and OSL:AWDR RNS announcements, along with all the share chat by members of the Stockopedia community A high-level overview of Awilco Drilling PLC (AWLCF) stock.

by Allister Thomas 29/12/2020, 7 Awilco Drilling's stock was trading at $0.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AWLCF shares have decreased by 35.5% and is now trading at $0.49.
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Awilco Drilling PLC Awilco Drilling Plc provides drilling services. It involves in the operation of two semi submersible drilling rigs namely WilPhoenix and WilHunter. The company was founded on

AWDR.NO updated stock price target summary. UK offshore drilling contractor Awilco Drilling has exercised an option to order its second harsh-environment semi-submersible drilling rig from Keppel in Singapore for a price of $425 million. It has also decided to name a new CEO. The rig will be built to Moss Maritime’s CS60 ECO MW design and is expected to be delivered in March 2022. Responding to Keppel's statement, Awilco Drilling said:"KFELS has disputed that AR1 had the right to terminate. Today AR1 has received a notice from KFELS purporting to terminate for failure to pay the next installment due, and notice that KFELS has commenced arbitration to resolve the disputes concerning termination and its consequences." AWILCO DRILLING PLC: Corrrection (new time) PU. More news: Financials (USD) Sales 2020: 24,2 M--Net income 2020-20,5 M--Net cash 2020: 13,0 M--P/E ratio 2020-1,39x Awilco Drilling PLC. 5 likes. Local Business. Facebook is showing information to help you better understand the purpose of a Page.

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In its third-quarter presentation last week, Awilco said there was "a substantial delay of new build Rig 2 (Nordic Spring) predominantly due to Covid-19," and that it was "not possible at this stage to give a definitive prediction of when delivery may take place." View the latest share news for AWILCO DRILLING and OSL:AWDR RNS announcements, along with all the share chat by members of the Stockopedia community A high-level overview of Awilco Drilling PLC (AWLCF) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.

Awilco Drilling ( OTCPK:AWLCF): Q3 GAAP EPS of -$0.02. Revenue of $10.6M Awilco Drilling PLC: Corrrection (new time) - Invitation to Q4 2020 presentation. Awilco Drilling PLC’s Fourth Quarter 2020 report will be released prior to market opening on Wednesday 10 Awilco Drilling PLC is a North Sea Drilling Contractor, owning and operating Harsh Environment Semi-Submersible rigs.