Drilling Rigs definition

Drilling Rigs means drilling rigs, drillships and other comparable equipment, including the Drillships, owned from time to time by the Company or any of its Subsidiaries.

Drilling Rigs means the offshore drilling rig "ATENA", and the land rigs "REDENCAO", "SOBERANA", "PROMISSAO" and "NOVA ERA", and related Inventory.

Drilling Rigs means, collectively, the drilling rigs, the service rigs and the related equipment and assets described in Exhibit B hereto.

Examples of Drilling Rigs in a sentence

• Any Pool, Association or Syndicate formed for the purpose of writing Oil, Gas or Petro-Chemical Plants and/or Oil or Gas Drilling Rigs.

• The Company operates Drilling Rigs, Offshore Support Vessels and undertakes Marine Construction Projects and Services.

• Do declare that I/We carefully read the terms and conditions as laid down in the Tender documents for the supply of Drilling Rigs & accessories.

• Early snow which is allowed to accumulate to thick deep layers, as well as thick layers of newly fallen snow during the season, typically do not compact well.

• Core Boxes, 654 Schramm Inc., Drilling Rigs and Compressors, 524 Seattle Tarp Company, Fabric Buildings, 407SGS, Analytical Laboratory Services, Metallurgical Consulting, 747Skyline Assayers & Laboratories, Assay Laboratory, Laboratory Analyti- cal Services, 638Skytem Canada Inc., Airborne Geophysical Services, 537Skyward Specialty Insurance Group, Insurance Services, 723Society for Mining, Metallurgy & Exploration, Inc.

More Definitions of Drilling Rigs

Drilling Rigs means the jackup and platform drilling rigs of Seller, together with the related equipment and spare parts, in each case as listed on Schedule 1.1.

Drilling Rigs means the jackup and platform drilling rigs of the Borrower and its Subsidiaries, together with the related equipment and spare parts.

Drilling Rigs means all drilling rigs or vessels owned by any of the Borrowers or Guarantors on the Closing Date.

Drilling Rigs means the drilling rigs and related equipment, including, without limitation, transportation equipment, acquired by the Partnership as contemplated herein.

Drilling Rigs means, collectively, (i) the Pentagone 90 design, semi-submersible drilling rig manufactured by C.F.E.M. in 1976 (the “Atlantic Star Drilling Rig”) and (ii) the L-900 design, Pacesetter type, semi-submersible drilling rig manufactured by Mitsubishi Heavy Industries in 1976 (the “Alaskan Star Drilling Rig”).

Drilling Rigs means such drilling rigs or drilling vessels as are from time to time owned by Borrower and as to which there is a valid first priority ship mortgage for the benefit of the Banks securing the Obligations. As of the Closing Date, the Drilling Rigs shall consist of the PHOENIX II (U.S. Official No. 643906), the PHOENIX III (U.S. Official No. 644283), the PHOENIX IV (U.S. Official No. 634728), the FALRIG 85 (U.S. Official No. 604568), and the FALRIG 86 (U.S. Official No. 624764).

Drilling Rigs contained in Section 1.1 of the Credit Agreement is hereby amended by deleting the last sentence thereof and replacing it with the following: As of October 3, 1997, the Drilling Rigs shall consist of the PHOENIX I (U.S. Official No. 641320), the PHOENIX II (U.S. Official No. 643906), the PHOENIX III (U.S. Official No. 644283), the PHOENIX IV (U.S. Official No. 634728), the FALRIG 85 (U.S. Official No. 604568), the FALRIG 86 (U.S. Official No. 624764) and the ACHILLES (U.S. Official No. 643745).