Well-Safe Solutions adding 100 jobs after agreeing £12.4m deal to buy WilPhoenix from Awilco Drilling
Dozens of roles are to be added to Well-Safe Solutions after the company struck a multi-million pound deal to buy a semi-submersible rig.
WilHunter
Awilco to scrap idle WilHunter oil rig after six years in Cromarty Firth
Awilco Drilling has announced it will scrap the WilHunter oil rig after lying idle for nearly six years in the Cromarty Firth.
Awilco Drilling unsuccessful in its appeal against HMRC over tax bill
Awilco Drilling has been unsuccessful in its appeal against Her Majesty’s Revenue and Customs (HMRC) over a £6.8 million tax bill.
Awilco Drilling sinks to £10.6m losses amid disputes with rig builder and HMRC
Awilco Drilling has sunk to losses of £10.6million in the first half of 2020 amid separate disputes with rig builder Keppel Fels and HMRC.
Unused oil rigs sink Awilco Drilling to losses of £7.5million
A pair of oil rigs lying idle in Invergordon sank Awilco Drilling to losses of £7.5million in the first quarter of 2020.
Awilco Drilling posts loss as rig remains unused for nearly four years
Awilco Drilling has reported a set of losses as one of its two rigs has remained unused for nearly four years running.
Awilco Drilling in the red as rig remains unused
North Sea driller Awilco stayed in the red in its first quarter results as the hunt for work continues for one of its two rigs.
Awilco profits jump but rigs face lay-up in 2016
Awilco Drilling has seen profits increase in the third quarter of 2015, but warned rig layup was likely to increase next year.