PRESS RELEASES

  • Nordic Winter Update Oslo Stock Exchange:AWDR

    Reference is made to our stock exchange release dated 8 June 2020 advising that Awilco Rig 1 Pte. Ltd. (AR1) has exercised its right to terminate the building contract with Keppel FELS Limited (KFELS) and is entitled to a refund of the instalments paid to KFELS plus accrued interest. KFELS has disputed that AR1 had

    22nd June 2020
  • Awilco Drilling PLC: Nordic Winter

    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

    8th June 2020
  • Minutes From the Annual General Meeting 2020 Oslo Stock Exchange:AWDR

    The Annual General Meeting of Awilco Drilling PLC (Ticker: AWDR) was held Wednesday 3 June 2020 at 12:00 p.m. (UK time), at the Company’s offices, 2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen AB32 6FL, UK. Each of the resolutions set out in the Meeting Notice were duly passed. The signed minutes of

    3rd June 2020
  • Notice of Annual General Meeting 2020 Oslo Stock Exchange:AWDR

    The Annual General Meeting of Awilco Drilling PLC will be held Wednesday 3 June 2020 at 12:00 noon (UK time), at the offices of Awilco Drilling on 2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen, AB32 6FL, UK. The notice including agenda for the General Meeting is attached to this disclosure. The notice

    13th May 2020
  • Q1 2020 Presentation Oslo Stock Exchange:AWDR

    Please find attached the Q1 2020 presentation to be held at the digital meeting today at 11:00 UK time (12:00pm CET / 06:00 EST). To join the digital meeting, please click this link or copy and paste the following address into your browser: https://bit.ly/3fEyPXG Aberdeen, 13 May 2020   For further information please contact: Jens

    13th May 2020
  • Awilco Drilling Reports Q1 2020 Results Oslo Stock Exchange:AWDR

    Awilco Drilling PLC reported nil contract revenue (USD 8.3 million in Q4), EBITDA USD 7.4 million loss (USD 0.5 million loss in Q4) and a net loss of USD 9.4 million (USD 27.0 million loss in Q4). Revenue efficiency was n/a during the quarter (86.0% in Q4). Operational uptime was nil during the quarter (100%

    13th May 2020
  • Annual Report 2019 Oslo Stock Exchange:AWDR

    Please find enclosed the Annual Report and Financial Statements 2019 for Awilco Drilling PLC. Aberdeen, 12 May 2020 For further information please contact: Jens Berge, CEOPhone: +44 1224 737900 Cathrine Haavind, IR ManagerPhone: +47 93 42 84 64Email: ch@awilcodrilling.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities

    12th May 2020
  • Contract signed for WilPhoenix Oslo Stock Exchange:AWDR

    With reference to our press release of 25 February 2020, Awilco Drilling PLC is pleased to confirm that a contract has been signed with Serica Energy (UK) Limited for the provision of WilPhoenix for a one well workover on the Rhum field. The contract has an estimated duration of 70 days including preparatory works and

    12th May 2020
  • Invitation to Q1 2020 presentation Oslo Stock Exchange:AWDR

    Awilco Drilling PLC’s First Quarter 2020 report will be released prior to market opening on Wednesday 13 May 2020. A digital presentation will be held on 13 May 2020 at 11:00 UK time (12:00pm CET / 06:00 EST). The presentation will be available for download on the Investor Relations section (go to “Press Releases”) at

    11th May 2020
  • Operational Update for WilPhoenix Oslo Stock Exchange:AWDR

    With reference to our press release of 9 March 2020, Awilco Drilling PLC and Petrofac Facilities Management Limited (Petrofac) have agreed to delay the commencement of the Plug & Abandonment program on Rubie and Renee until 25th May 2020 and that WilPhoenix will be on Standby Rate for the period of the delay. WilPhoenix is

    4th May 2020
  • Contract signed with Petrofac Oslo Stock Exchange:AWDR

    With reference to our press release of 30 January 2020, Awilco Drilling PLC is pleased to confirm that a contract has been signed with Petrofac Facilities Management Limited (Petrofac) for the provision of WilPhoenix for a three well Plug & Abandonment program on Rubie and Renee. The program has an estimated duration of 100 days

    9th March 2020
  • Q4 2019 Presentation Oslo Stock Exchange:AWDR

    Please find attached the Q4 2019 presentation held in Oslo today. Aberdeen, 25 February 2020   For further information please contact: Jens Berge, CEOPhone: +44 1224 737900 Cathrine Haavind, IR ManagerPhone: +47 93 42 84 64Email: ch@awilcodrilling.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.  

    25th February 2020
  • Letter of Intent signed for WilPhoenix Oslo Stock Exchange:AWDR

    Awilco Drilling PLC has signed a Letter of Intent with Serica Energy (UK) Limited for the provision of WilPhoenix for a one well workover on the Rhum field. The program has an estimated duration of 45 to 70 days and will commence between 1st September and 30th October 2020. The contract value is estimated at

    25th February 2020
  • Awilco Drilling Reports Q4 2019 results Oslo Stock Exchange:AWDR

    Awilco Drilling PLC reported contract revenue of USD 8.3 million (USD 10.3 million in Q3), EBITDA USD 0.5 million loss (USD 2.6 million in Q3) and net loss of USD 27.0 million after an impairment charge of USD 23 million (USD 0.9 million loss in Q3). Revenue efficiency was 86.0% during the quarter (96.2 %

    25th February 2020
  • Invitation to Q4 2019 presentation Oslo Stock Exchange:AWDR

    Awilco Drilling PLC: Invitation to Q4 2019 presentationAwilco Drilling PLC’s Fourth Quarter 2019 report will be released prior to market opening on Tuesday 25 February 2020. A quarterly presentation will be held on 25 February 2020 at 10:30 CET in Awilhelmsen’s offices at Beddingen 8, Aker Brygge, Oslo, Norway. Please send an e-mail to ch@awilcodrilling.com

    19th February 2020
  • Letter of Intent signed for WilPhoenix Oslo Stock Exchange:AWDR

    Awilco Drilling PLC has signed a Letter of Intent with an undisclosed operator for the provision of WilPhoenix in support of a three well Plug & Abandonment program.  The program has an estimated duration of 100 days and will commence in early May 2020.  The contract value is estimated at USD 13.8 million. WilPhoenix is

    30th January 2020
  • Awilco Drilling PLC: Awilco Drilling Reports Q3 2019 Results

    Awilco Drilling PLC reported contract revenue of USD 10.3 million (USD 10.4 million in Q2), EBITDA USD 2.6 million (USD 2.5 million in Q2) and net loss of USD 0.9 million (USD 0.4 million loss in Q2). Revenue efficiency was 96.2% during the quarter (90.5 % in Q2). Operational uptime was 100% during the quarter

    12th November 2019
  • Awilco Drilling PLC: Primary Insider Disclosure

    Awilco Drilling PLC (AWDR) announces that on 11th November 2019, the following synthetic share transactions occurred: Roddy Smith has had 55,395 synthetic shares vested in AWDR automatically exercised under the Synthetic Share Plan at a price of NOK 17.87.  After this transaction and as of today, Roddy Smith, holds 133,517 synthetic shares. Ian Wilson has had 55,395

    11th November 2019
  • Awilco Drilling PLC: Minutes of Meeting from General Meeting

    A General Meeting of Awilco Drilling PLC (Ticker: AWDR) was held Monday 11 November 2019 at 12:00 p.m. (UK time), at the Company’s offices, 2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen AB32 6FL, UK. Each of the resolutions set out in the Meeting Notice were duly passed. The signed minutes of meeting are

    11th November 2019
  • Awilco Drilling PLC: Invitation to Q3 2019 presentation

    Awilco Drilling PLC’s Third Quarter 2019 report will be released prior to market opening on Tuesday 12 November 2019. A quarterly presentation will be held on 12 November 2019 at 10:30 CET in Awilhelmsen’s offices at Beddingen 8, Aker Brygge, Oslo, Norway. Please send an e-mail to ch@awilcodrilling.com by COB 11 November if you wish

    6th November 2019
  • Awilco Drilling PLC (AWDR) – Disclosure of shareholdings

    Jens Berge, Chief Executive Officer of Awilco Drilling PLC, has today acquired 36,500 shares in Awilco Drilling PLC at NOK 17.4111 per share. Jens Berge’s total holding after this transaction is 134,500 shares in Awilco Drilling PLC. Aberdeen, 28 October 2019 For further information please contact: Cathrine Haavind, Investor RelationsPhone: +47 93 42 84 64Email:

    28th October 2019
  • Awilco Drilling PLC: Notice of General Meeting 2019

    A General Meeting of Awilco Drilling PLC will be held Monday 11 November 2019 at 12:00 noon (UK time), at the offices of Awilco Drilling on 2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen, AB32 6FL, UK. The notice including agenda for the General Meeting is attached to this disclosure. The notice will

    25th October 2019
  • Awilco Drilling PLC: Q2 2019 Presentation

    Please find attached the Q2 2019 presentation to be held in Oslo today. Aberdeen, 14 August 2019   For further information please contact: Jens Berge, CEOPhone: +44 1224 737900 Cathrine Haavind, IR ManagerPhone: +47 93 42 84 64Email: ch@awilcodrilling.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities

    14th August 2019
  • Awilco Drilling PLC: Awilco Drilling Reports Q2 2019 results

    Awilco Drilling PLC reported contract revenue of USD 10.4 million (USD 9.1 million in Q1), EBITDA USD 2.5 million (USD 0.3 million loss in Q1) and net loss of USD 0.4 million (USD 2.4 million loss in Q1). Revenue efficiency was 90.5% during the quarter (85.6 % in Q1). Operational uptime was 95.9% during the

    14th August 2019
  • Awilco Drilling PLC: Invitation to Q2 2019 presentation

    Awilco Drilling PLC’s Second Quarter 2019 report will be released prior to market opening on Wednesday 14 August 2019. A quarterly presentation will be held on 14 August 2019 at 10:30 CEST in Awilhelmsen’s offices at Beddingen 8, Aker Brygge, Oslo, Norway. Please send an e-mail to ch@awilcodrilling.com by 12 August if you wish to

    8th August 2019
  • Awilco Drilling PLC: Minutes from the Annual General Meeting 2019

    The Annual General Meeting of Awilco Drilling PLC (Ticker: AWDR) was held Thursday 13 June 2019 at 12:00 p.m. (UK time), at the Company’s offices, 2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen AB32 6FL, UK. Each of the resolutions set out in the Meeting Notice were duly passed. The signed minutes of

    13th June 2019
  • Awilco Drilling PLC: Cancellation of subsequent offering

    Aberdeen, 5 June 2019 Reference is made to the stock exchange release by Awilco Drilling Plc (the “Company”) on 11 March 2019 regarding the completed private placement of 5,550,000 shares in the Company at a subscription price of NOK 31.80 per share (the “Private Placement”). The stock exchange release on 11 March 2019 referred to

    5th June 2019
  • Awilco Drilling PLC: Approval of prospectus and listing of shares

    Aberdeen, 5 June 2019 Reference is made to the stock exchange release by Awilco Drilling Plc (the “Company”) on 11 March 2019 regarding the successfully completed private placement of 5,550,000 shares in the Company at a subscription price of NOK 31.80 per share (the “Private Placement”). The Norwegian Financial Supervisory Authority has approved a prospectus

    5th June 2019
  • Awilco Drilling PLC: Notice of Annual General Meeting 2019

    The Annual General Meeting of Awilco Drilling PLC will be held Thursday 13 June 2019 at 12:00 noon (UK time), at the offices of Awilco Drilling on 2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen, AB32 6FL, UK. The notice including agenda for the General Meeting is attached to this disclosure. The notice

    22nd May 2019
  • Awilco Drilling PLC: Q1 2019 Presentation

    Please find attached the Q1 2019 presentation to be held in Oslo today. Aberdeen, 15 May 2019 For further information please contact: Jens Berge, CEOPhone: +44 1224 737900 Cathrine Haavind, IR ManagerPhone: +47 93 42 84 64Email: ch@awilcodrilling.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading

    15th May 2019
  • Awilco Drilling PLC: Awilco Drilling Reports Q1 2019 results

    Awilco Drilling PLC reported contract revenue of USD 9.1 million (USD 10.2 million in Q4 2018), EBITDA USD 0.3 million loss (USD 4.6 million in Q4 2018) and net loss of USD 2.4 million (USD 24.2 million loss in Q4 2018). Revenue efficiency was 85.6% during the quarter primarily due to high waiting on weather

    15th May 2019
  • Awilco Drilling PLC: Invitation to Q1 2019 presentation

    Awilco Drilling PLC’s First Quarter 2019 report will be released prior to market opening on Wednesday 15 May 2019. A quarterly presentation will be held on 15 May 2019 at 10:30 CET in Awilhelmsen’s offices at Beddingen 8, Aker Brygge, Oslo, Norway. Please send an e-mail to ch@awilcodrilling.com by 13 May if you wish to

    6th May 2019
  • Financial Calendar
    14th April 2019
  • Awilco Drilling PLC: Annual Report 2018

    Print – Awilco Drilling PLC: Annual Report 2018 Source: Awilco Drilling Plc March 27, 2019 12:28 ET Awilco Drilling PLC: Annual Report 2018 Please find enclosed the Annual Report and Financial Statements 2018 for Awilco Drilling PLC. Aberdeen, 27 March 2019 For

    27th March 2019
  • Awilco Drilling PLC: Annual Report 2018

    Please find enclosed the Annual Report and Financial Statements 2018 for Awilco Drilling PLC. Aberdeen, 27 March 2019 For further information, please contact:Roddy Smith, Interim CEOPhone: +44 1224 737900 Cathrine Haavind, IR ManagerPhone: +47 93 42 84 64Email: ch@awilcodrilling.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities

    27th March 2019
  • Contract signed with Keppel FELS for the building of second new semi-submersible drilling rig

    Reference is made to the stock exchange release by Awilco Drilling PLC (“the Company”) on 8 March 2019 regarding the declaration of the first option rig. The Company is pleased to announce that its fully owned subsidiary Awilco Rig 2 Pte. Ltd. on 22 March 2018, signed a contract with Keppel FELS shipyard in Singapore

    22nd March 2019
  • Awilco Drilling PLC: Contract signed with Keppel FELS for the building of second new semi-submersible drilling rig

    Reference is made to the stock exchange release by Awilco Drilling PLC (“the Company”) on 8 March 2019 regarding the declaration of the first option rig. The Company is pleased to announce that its fully owned subsidiary Awilco Rig 2 Pte. Ltd. on 22 March 2018, signed a contract with Keppel FELS shipyard in Singapore

    22nd March 2019
  • Awilco Drilling PLC: New share issue

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. 14 March 2019 Reference is

    14th March 2019
  • Awilco Drilling PLC: New share issue

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. 14 March 2019 Reference is

    14th March 2019
  • Key information relating to the Subsequent Offering

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Reference is made to the

    11th March 2019
  • Awilco Drilling PLC: Key information relating to the Subsequent Offering

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Reference is made to the

    11th March 2019
  • Awilco Drilling PLC: Private placement successfully completed

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.   11 March 2019  

    11th March 2019
  • Awilco Drilling PLC: Private placement successfully completed

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.   11 March 2019  

    11th March 2019
  • Awilco Drilling continues transformation with appointment of new CEO, declaration of rig newbuilding option and contemplated private placement

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.   8 March 2019  

    8th March 2019
  • Awilco Drilling PLC: Awilco Drilling continues transformation with appointment of new CEO, declaration of rig newbuilding option and contemplated private placement

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.   8 March 2019  

    8th March 2019
  • Awilco Drilling PLC: Q4 2018 Presentation

    Please find attached the Q4 2018 presentation to be held in Oslo today.  Aberdeen, 13 February 2019 For further information please contact: Jon Oliver Bryce, CEOPhone: +44 1224 737900 Cathrine Haavind, IR ManagerPhone: +47 9342 8464Email: ch@awilcodrilling.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    19th February 2019
  • Financial Calendar
    14th February 2019
  • Awilco Drilling PLC: Q4 2018 Presentation

    Print – Awilco Drilling PLC: Q4 2018 Presentation Source: Awilco Drilling Plc February 13, 2019 06:28 ET Awilco Drilling PLC: Q4 2018 Presentation Please find attached the Q4 2018 presentation to be held in Oslo today.    Aberdeen, 13 February 2019  

    13th February 2019
  • Awilco Drilling PLC: Awilco Drilling Reports Q4 2018 results

    Awilco Drilling PLC reported contract revenue of USD 10.2 million (USD 3.2 million in Q3), EBITDA USD 4.6 million (USD 6.5 million loss in Q3) and net loss of USD 24.2 million after an impairment charge of USD 25 million (USD 10.2 million loss in Q3). Revenue efficiency was 95.3% during the quarter (90.9% in

    13th February 2019
  • Awilco Drilling PLC: Invitation to Q4 2018 presentation

    Awilco Drilling PLC’s Fourth Quarter 2018 report will be released prior to market opening on Wednesday 13 February 2019. A quarterly presentation will be held on 13 February 2019 at 10:30 CET in Awilhelmsen’s offices at Beddingen 8, Aker Brygge, Oslo, Norway. Please send an e-mail to ch@awilcodrilling.com by 12 February if you wish to

    6th February 2019