Frontier Drilling AS, an independent supplier of drilling and production services for the oil industry
Frontier Drilling, domiciled in Norway with administrative offices in Houston, Texas, is an independent supplier of drilling and production services for the oil industry, which focuses on the operation and management of conventional drillships, semi-submersibles and floating production, storage, offloading (FPSO) vessels. Frontier Drilling seeks to compete in market segments such as the Arctic that are not dominated by larger competitors and where its assets offer customers cost savings and a competitive advantage.
The Company maintains local subsidiaries in the areas where it operates.
Frontier Drilling Asia Pte (Ltd) is the Company's subsidiary based in Singapore responsible for drilling operations in Southeast Asia which is considered the primary market for the Frontier Duchess. Frontier Drilling do Brasil Ltda is the Company's subsidiary based in Vitoria, Brazil responsible for the operation of the Company's Dynamically Postioned, FPS0, the Seillean. The Group's subsidiaries and associate companies had a total workforce of approximately 668 employees including hired personnel as of December 31, 2006.
Shell EP Offshore Ventures Limited and Frontier Drillships Ltd., a subsidiary of Frontier Drilling, have signed a deepwater/arctic drillship Joint Venture agreement. Under the agreement, Shell and Frontier will build and rollout a new drillship concept, known as the ‘Bully’ rig. The ‘Bully’ rig design effectively sets a new standard and offers a flexible, smaller but highly capable, vessel suited for deepwater and arctic drilling, while reducing the construction and operational costs compared to current new-build drilling rigs of similar capability. The Shell/Frontier Joint Venture expects to deliver the first 'Bully' rig to the Gulf of Mexico in late 2009 and it will be operated by Frontier on behalf of the Joint Venture under a separate management services contract. The Joint Venture expects to build and own several of these vessels.
Frontier Drilling AS Company Tags: Frontier Drilling AS Bergen, NORWAY, drill rigs
Frontier Drilling AS Bergen, NORWAY is listed the Subsea Oil and Gas Directory. To update company information, please
contact us or visit Frontier Drilling AS web site for more subsea company information.