Standard Drilling to acquire one large size Norwegian-built Platform Supply Vessel

Standard Drilling to acquire one large size Norwegian-built Platform Supply Vessel

Through its wholly owned subsidiary Wanax AS, S.D. Standard Drilling Plc., will acquire the Havyard 832 PSV vessel Olympus. All terms have been agreed and there are no further conditions. The Vessel is a large PSV, built …
Apr 25, 2019 /  Vessels
New World Supply Ltd sells four platform supply vessels

New World Supply Ltd sells four platform supply vessels

New World Supply Ltd (NWS), where SDSD has an ownership of 34.4%, has completed a sale (Transaction), with a well known and reputable counterparty, of its remaining four medium-sized platform supply vessels (PSVs). The …
Apr 15, 2019 /  Vessels
Standard Drilling secures three new term contracts for large PSVs

Standard Drilling secures three new term contracts for large PSVs

Standard Drilling (SDSD) has secured new term contracts for Standard Princess, Standard Supplier and Standard Provider, all large platform supply vessels (PSV's), 100% owned by SDSD. The term contracts secure solid …
Mar 21, 2019 /  Vessels
Standard Drilling (SDSD): Fleet update and utilization for fourth quarter 2018

Standard Drilling (SDSD): Fleet update and utilization for fourth quarter 2018

Standard Supporter, one of five large platform supply vessels (PSVs) owned by Standard Drilling (SDSD), has on 21 January commenced on a 1 well contract, at levels well above operating cost. The contract length is …
Jan 22, 2019 /  All
Standard Drilling increases ownership in four mid-size PSV

Standard Drilling increases ownership in four mid-size PSV

S.D. Standard Drilling Plc (SDSD) has entered into an agreement to acquire  2,673,749 shares in New World Supply Ltd. (NWS), corresponding to approximately 8.23% of the total outstanding shares in NWS. Prior to the …
Nov 23, 2018 /  Vessels
Standard Drilling announces sale of two medium-sized platform supply vessels

Standard Drilling announces sale of two medium-sized platform supply vessels

New World Supply Ltd (NWS), where SDSD has an ownership of 26.2%, has completed a sale of two of its six medium-sized platform supply vessels (PSVs). Caption: PSV World Emerald - Image courtesy of …
Oct 18, 2018 /  All
S.D Standard Drilling Plc invests USD 1.72 million corresponding to 25.5% of two PSV's; Increasing the fleet to 20 vessels

S.D Standard Drilling Plc invests USD 1.72 million corresponding to 25.5% of two PSV's; Increasing the fleet to 20 vessels

S.D Standard Drilling Plc (SDSD) invest USD 1.72 million corresponding to 25.5% of two PSV's - increasing the fleet to 20 vessels   Through an ownership of 25.53% in Northern PSV AS, a newly incorporated company, …
Mar 18, 2018 /  Vessels