Atwood Oceanics, Inc. (NYSE: ATW) announced todaythe delivery of the Atwood Advantage from the Daewoo Shipbuilding & MarineEngineering Co., Ltd. (DSME) shipyard in South Korea. The Atwood Advantage hasdeparted the DSME shipyard and commenced its drilling services contract withNoble Energy, Inc. Following its mobilization to the U. S. Gulf of Mexico,the Atwood Advantage will conduct a three year drilling program with NobleEnergy.
Rob Saltiel, Atwood Oceanics President and CEO, commented, "We are very pleasedto take delivery of the Atwood Advantage, the first of four 'A-Class' ultra-deepwater drillships that we are building at the DSME shipyard in South Korea.I appreciate the excellent collaboration between DSME and Atwood in constructingand commissioning this state-of-the-art vessel."
Atwood Oceanics, Inc. is a global offshore drilling contractor engaged in thedrilling and completion of exploratory and developmental oil and gas wells. Thecompany currently owns 14 mobile offshore drilling units and is constructingthree ultra-deepwater drillships. The company was founded in 1968 and isheadquartered in Houston, Texas. Atwood Oceanics, Inc. common stock is tradedon the New York Stock Exchange under the symbol "ATW."
