Petrojack
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Petrojack
Petrojack was a Norwegian offshore drilling rig operator. The company had two jackup rigs under order from Jurong Shipyard in Singapore, while it sold its two former rigs ''Petrojack I'' and ''Petrojack III'' to Maersk Drilling. The company was founded in 2004 and was listed on the Oslo Stock Exchange the next year. The largest shareholders were Petrolia Drilling (40%), Awilco Offshore (18%) and Sinvest Sinvest () is a Norwegian oil drilling investment company, with headquarters in Kristiansand. The company is a long-term financial and strategic investor in oil resources and offshore companies and has been listed on the Oslo Stock Exchange si ... (18%). Stock Value In week 47 2009, Petrojack's stock value went up from 0,90 NOK per share to a maximum of 7,12 NOK per share. On the first day of this extreme rise, at 09:49, the stock was suspended because the share price rose 64% without any statement from the company itself. The stock was reopened 11 minutes later at 10:00 ...
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Awilco Offshore
Awilco Offshore was a Norway, Norwegian drilling rig owner. In 2008 the company operated five jackup rigs and two semi-submersible accommodation rigs, with several others on order. Awilco was founded in 2005, headquartered in Oslo and was listed on the Oslo Stock Exchange. Operation of its rigs was done by the company Premium Drilling, owned by Awilco and Sinvest. The company was acquired by China Oilfield Services in 2008 and merged into its existing operations. History The company was founded in February 2005 when it took over the offshore rig assets of Anders Wilhelmsen Group and at the same time acquiring Norwegian krone, NOK 1 billion in new Capital (economics), capital. In August 2005 Awilco bought 20.7% of Petrojack and at the same time performed a new capital expansion. In December 2005 Awilco merger, merged with Offshore Rig Services, taking over the company while issuing new shares to the Offshore Rig Services owners. Takeover The company accepted a United Stat ...
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Sinvest
Sinvest () is a Norwegian oil drilling investment company, with headquarters in Kristiansand. The company is a long-term financial and strategic investor in oil resources and offshore companies and has been listed on the Oslo Stock Exchange since 2001. Major investments include the subsidiary Deep Drilling Invest that has eight drilling rigs under construction and Beta Drilling that operates one rig. In addition Sinvest has a partial ownership of Petrojack (20%), Premium Drilling (with Awilco Offshore Awilco Offshore was a Norway, Norwegian drilling rig owner. In 2008 the company operated five jackup rigs and two semi-submersible accommodation rigs, with several others on order. Awilco was founded in 2005, headquartered in Oslo and was listed o ...) and Venture Drilling (50%). External links Official site Oil companies of Norway Holding companies of Norway {{norway-company-stub ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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Companies Based In Oslo
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Service Companies Of Norway
Service may refer to: Activities * Administrative service, a required part of the workload of university faculty * Civil service, the body of employees of a government * Community service, volunteer service for the benefit of a community or a punishment that may be imposed by a court * Fan service, a Japanese term referring to something which is specifically designed to entertain fans * Military service, serving in a country's armed forces * Feudal service, see Feudal land tenure in England * Public service, services carried out with the aim of providing a public good * Selfless service, a service which is performed without any expectation of result or award. Arts, entertainment, and media * ''Service'' (album), a 1983 album by Yellow Magic Orchestra * ''Service'' (film), a 2008 film * ''Service'' (play), a 1932 play by British writer Dodie Smith * Service (record label), a Swedish record label * "Service" (''The Walking Dead''), a 2016 television episode of ''The Walking De ...
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Drilling Rig Operators
Drilling is a cutting process where a drill bit is spun to cut a hole of circular cross-section in solid materials. The drill bit is usually a rotary cutting tool, often multi-point. The bit is pressed against the work-piece and rotated at rates from hundreds to thousands of revolutions per minute. This forces the cutting edge against the work-piece, cutting off chips (swarf) from the hole as it is drilled. In rock drilling, the hole is usually not made through a circular cutting motion, though the bit is usually rotated. Instead, the hole is usually made by hammering a drill bit into the hole with quickly repeated short movements. The hammering action can be performed from outside the hole ( top-hammer drill) or within the hole (down-the-hole drill, DTH). Drills used for horizontal drilling are called drifter drills. In rare cases, specially-shaped bits are used to cut holes of non-circular cross-section; a square cross-section is possible. Process Drilled holes are char ...
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Petrolia Drilling
Petrolia may refer to: ;United States * Petrolia, New York * Petrolia, California * Petrolia, Kansas * Petrolia, Pennsylvania * Petrolia, Texas ** Petrolia Formation ;Canada * Petrolia, Ontario ;Venezuela * Petrolia del Tachira Petrolia may refer to: ;United States * Petrolia, New York * Petrolia, California * Petrolia, Kansas * Petrolia, Pennsylvania * Petrolia, Texas ** Petrolia Formation ;Canada * Petrolia, Ontario ;Venezuela * Petrolia del Tachira, first private oil ...
, first private oil company of Venezuela {{Geodis ...
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Oslo Stock Exchange
Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed income instruments. The Euronext consortium of European stock exchanges controls Oslo Stock Exchange as of June 2019. History Oslo Børs was established by a law of September 18, 1818. Trading on Oslo Børs commenced on April 15, 1819. In 1881, Oslo Børs became a stock exchange, which means securities were listed. The first listing of securities contained 16 bond series and 23 stocks, including the Norwegian central bank (Norges Bank). Oslo Børs cooperates with London Stock Exchange on trading systems. The exchange has also a partnership with the stock exchanges in Singapore and Toronto (Canada) for a secondary listing of companies. The stock exchange was privatized in 2001, and is, after the merger in 2007, 100% own ...
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Maersk Drilling
Maersk Drilling is a drilling-rig operator based in Lyngby, Denmark. Established in 1972, the company is a Nasdaq Copenhagen–listed company with the ticket name 'DRLCO'. In November 2021, it was announced that Maersk Drilling will merge with Noble Corporation Noble Corporation plc is an offshore drilling contractor organized in London, United Kingdom. Its affiliate, Noble Corporation, is organized in the Cayman Islands. It is the corporate successor of Noble Drilling Corporation. The company operate ... and the combined company will be called Noble Corporation, with a valuation of £2.6 billion. Fleet References {{Authority control Drilling rig operators Service companies of Denmark Service companies based in Copenhagen Danish companies established in 1972 Maersk ...
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Jurong Shipyard
Jurong () is a major Region, geographical region located at the south-westernmost point of the West Region, Singapore, West Region of Singapore. Although mostly vaguely defined, the region's extent roughly covers the Planning Areas of Singapore, planning areas of Jurong East, Jurong West, Boon Lay Planning Area, Boon Lay, and Pioneer, Singapore, Pioneer, along with Jurong Island in the Western Islands, Singapore, Western Islands cluster and the southernmost portions of the Western Water Catchment. Should it be described at its greatest historical extent, the region can also include present-day Bukit Batok and Tuas. Jurong also covers several offshore islands as well, including Pulau Damar Laut and Pulau Samulun, both of which are located within the planning areas of Jurong East and Boon Lay respectively; along with the aforementioned Jurong Island. The coastline of the region on Pulau Ujong, mainland Singapore, faces the strait of Selat Jurong, while the southernmost island of t ...
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Oslo
Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of in 2019, and the metropolitan area had an estimated population of in 2021. During the Viking Age the area was part of Viken. Oslo was founded as a city at the end of the Viking Age in 1040 under the name Ánslo, and established as a ''kaupstad'' or trading place in 1048 by Harald Hardrada. The city was elevated to a bishopric in 1070 and a capital under Haakon V of Norway around 1300. Personal unions with Denmark from 1397 to 1523 and again from 1536 to 1814 reduced its influence. After being destroyed by a fire in 1624, during the reign of King Christian IV, a new city was built closer to Akershus Fortress and named Christiania in honour of the king. It became a municipality ('' formannskapsdistrikt'') on 1 January 1838. The city fu ...
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