Showing posts with label Oceanics. Show all posts
Showing posts with label Oceanics. Show all posts

Sunday, May 19, 2013

Atwood Oceanics Adds New Director to Board

Atwood Oceanics, Inc. announced the appointment of Jeffrey A. Miller to its Board of Directors. Mr. Miller currently serves as the Executive Vice President and Chief Operating Officer of Halliburton. Previously, Mr. Miller held a number of positions at Halliburton, including most recently as Senior Vice President of Global Business Development and Marketing, responsible for strategic account management, sales and marketing. He also served as Senior Vice President of Halliburton's Gulf of Mexico Region; Vice President of Halliburton's Baroid business line; Country Vice President for Indonesia; and Country Vice President for Angola. Prior to his service at Halliburton, Mr. Miller began his career with Arthur Andersen LLP. Mr. Miller holds a MBA from Texas A&M University, a BS – Agriculture and Business from McNeese State University and is a licensed Certified Public Accountant.

"Jeff brings valuable operational and business development experience to our company," commented George S. Dotson, chairman of the Board of Directors of Atwood Oceanics, Inc. "Jeff's extensive career with Halliburton includes various international assignments and a successful track record in building businesses, providing our Board with useful perspective and insight."

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Tuesday, January 29, 2013

Atwood Oceanics Secures Work for Jackup

Atwood Oceanics, Inc. announced that one of its subsidiaries has been awarded a drilling services contract for the Atwood Orca (400' ILC) by Mubadala Petroleum. The Atwood Orca, currently under construction at PPL Shipyard PTE LTD in Singapore, will have a rated water depth of 400 feet, 1.5 million pound hook load capacity, accommodation for 150 personnel and significant offline handling capabilities. The agreement is for a firm duration of two years.

The Atwood Orca is expected to be delivered from the PPL shipyard in early May 2013, ahead of its scheduled June delivery after which it will mobilize for a period of approximately ten days to its first location offshore Thailand. This contract adds $116 million in revenue backlog, bringing Atwood's total revenue backlog to approximately $2.6 billion as of January 22, 2013.

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