Gulf Oil and Gas accountACCOUNT

Scorpion Offshore Receives Letter of Commitment for Offshore Freedom

Source: www.gulfoilandgas.com 8/20/2008, Location: Middle East

Scorpion International, through its Saudi Arabian venture partner, Odfjell Drilling Services LLC, received a letter of commitment for the Offshore Freedom for operations in the Arabian Gulf beginning late first quarter 2009. The proposed contract is for 4 years and is anticipated to generate approximately US$ 282 million in revenue. Scorpion Offshore Ltd.’s revenue backlog, through 2018, now exceeds $1.8 billion.

The Offshore Freedom is currently being constructed at Lamprell in Sharjah and is scheduled for delivery at the end of the first quarter 2009.

The letter of commitment is subject to the execution of a contract, presentation of a mobilization bond and provision of proof of insurance.

Oil & Gas Companies News in Saudi Arabia >>

Saudi Arabia >>  3/13/2019 - Saipem has been new awarded new contracts, and extensions to other already existing contracts, in Onshore Drilling worth approximately 220 million USD...
United Arab Emirates >>  2/27/2019 - The Abu Dhabi National Oil Company (ADNOC) announced that it is building the world’s largest single underground project ever awarded for oil storage, ...

Saudi Arabia >>  2/25/2019 - McDermott International, Inc. announced a substantial* contract award from Saudi Aramco for engineering, procurement, construction and installation (E...
United Arab Emirates >>  2/24/2019 - The Abu Dhabi National Oil Company (ADNOC) has entered into a landmark multi-billion-dollar midstream pipeline infrastructure partnership with KKR and...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 |

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.