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2007 May 8   07:46

Half of rig orders are Norwegian related

Half of the 116 rigs currently on order world-wide are booked by Norwegian of Norwegian related companies. The total orderbook is worth around NOK 101.79 billion (USD 16.9 billion) and the biggest Norwegian related companies are Seadrill with 15 units and Awilco Offshore with 9 rigs, according to Dagens Næringsliv. Other Norwegian related companies are Scorpion Offshore (5 units), PetroMena (2), Petrojack (2), Aker Drilling (2), Odfjell Invest (2), Thule Drilling (3), Standard Drilling (4), Mosvold Jackup (2), Frigstad Discoverer (1), Sevan Marine (1), Skeie Drilling and Production (2), Sinvest (Aban) (5), MPF Corp. (1) and Sea Dragon (1). The value of some of the orders have more than doubled since they were placed and the daily hire has increased from USD 100,000 to USD 270,000 for jack-ups and for semi-submersible rigs from USD 200,000 to USD 530,000.

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