Offshore Rig definition

Offshore Rig means each Marketed Rig that is a mobile offshore drilling unit (including without limitation any jack-up rig, semi-submersible rig, drillship, barge rig and moveable platform rig).
Offshore Rig means each Marketed Rig that is a mobile offshore drilling unit (including without limitation any jxxx-up rig, semi-submersible rig, drillship, barge rig and moveable platform rig).

Examples of Offshore Rig in a sentence

  • Through Constellation Overseas’ holdings of the Offshore Rig Owners incorporated in the Cayman Islands and BVI, Constellation Overseas indirectly owns the Group’s drilling rigs that were principally located in Brazil at the time of the chapter 15 filing.

  • Comparison of World and Brownsville Offshore Rig Fleet 2-18Table 5-1.

  • In the group of lawyers and engineers ESA team has built a successful defense which proved that the claimant mislead the court in the cost and duration of the spilled oil cleanup.9. OIL&GAS Technical Data Review: Treated Sewage Disposal from Sunkar Drilling Offshore Rig, for ExxonMobil Kazakhstan Inc., 2011.

  • AOD Facility Agreement The US$360,000,000 senior secured credit facility agreement originally dated 9 April 2013 between, amongst others, Asia Offshore Rig 1 Limited, Asia Offshore Rig 2 Limited and Asia Offshore Rig 3 Limited as borrowers and ABN AMRO Bank N.V. as agent.

  • They specify the Operator’s emergency response structure and systems that are in place to support the Offshore Rig in an emergency situation and define the total emergency organisation.

  • History of Channel Deepening 1-8Figure 2-1: Port of Brownsville 2-15Figure 2-2: Locations of Port Facilities and Docks 2-16Figure 4-1: Offshore Rig Fabrication Operations 4-2Figure 6-1: Tentatively Selected Plan - Entrance Channel Extension to Main Channel 6-3Figure 6-2: Tentatively Selected Plan - Jetty Channel to Main Channel 6-4Figure 6-3: Tentatively Selected Plan – Main Channel to Turning Basin 6-5TABLESPageTable 2-1.

  • Ship agency Thailand 49.0** - Energy- Asia Offshore Drilling Limited Drilling Bermuda 49.0 - (invested by MMPLC) servicesWith subsidiaries as follows:- Asia Offshore Rig 1 Limited ” ”- Asia Offshore Rig 2 Limited ” ”- Asia Offshore Drilling Pte.

  • By the end of 2000, gas prices were at $10 throughout most of North America and a genuine gas related drilling boom was under way in the Gulf of Mexico and onshore US and Canada.Type of activity for majority of offshore rigs Type Of Drilling Development/ Exploration Workover Percent Development North Sea135180%Arabian Peninsula24596%Gulf Of Mexico397165%Source: Offshore Rig Locator.

  • This was due to (a) a decrease in revenue of S$24.9 million from the Offshore Rig Services and Supply Chain Management segment mainly due to delays in projects and low demand for maintenance of rigs and related goods and services from our customers as oil prices remain low; and (b) a decrease in revenue of S$1.3 million from the Vessel Sales and Newbuild segment mainly due to no vessel sale and lower value new build projects undertaken in FY2015.

  • Consolidated Statement of Comprehensive Income RevenueRevenue for 1Q2019 increased by S$10.3 million or 138.8%, from S$7.4 million in 1Q2018 to S$17.7 million in 1Q2019 mainly due to the following: (a) an increase in revenue of S$9.1 million from the Offshore Rig Services and Supply Chain Management segment as there were more projects being undertaken in 1Q2019.

Related to Offshore Rig

  • Offshore facility ’ means any facility of any kind located in, on, or under any of the navigable waters of the United States, and any facility of any kind which is subject to the ju- risdiction of the United States and is located in, on, or under any other waters, other than a vessel or a public vessel;

  • Offshore waters means marine waters of the Pacific Ocean

  • Offshore Global Note means a Global Note representing Notes issued and sold pursuant to Regulation S.

  • Offshore Transaction Any “offshore transaction” as defined in Rule 902(h) of Regulation S.

  • Offshore means any country that is not one of the fifty United States or one of the United States Territories (American Samoa, Guam, Northern Marianas, Puerto Rico, and Virgin Islands). Permitted Uses and Disclosure by Business Associate.

  • Offshore Associate means an associate (as defined in section 128F of the Australian Tax Act) of ANZBGL that is either a non-resident of the Commonwealth of Australia which does not acquire the Notes in carrying on a business at or through a permanent establishment in Australia or, alternatively, a resident of Australia that acquires the Notes in carrying on business at or through a permanent establishment outside of Australia.

  • Offshore Base Rate means the rate per annum appearing on Telerate Page 3750 (or any successor page) as the London interbank offered rate for deposits in Dollars at approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period for a term comparable to such Interest Period. If for any reason such rate is not available, the Offshore Base Rate shall be, for any Interest Period, the rate per annum appearing on Reuters Screen LIBO Page as the London interbank offered rate for deposits in Dollars at approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period for a term comparable to such Interest Period; provided, however, if more than one rate is specified on Reuters Screen LIBO Page, the applicable rate shall be the arithmetic mean of all such rates. If for any reason none of the foregoing rates is available, the Offshore Base Rate shall be, for any Interest Period, the rate per annum determined by Agent as the rate of interest at which dollar deposits in the approximate amount of the LIBOR Rate Loan comprising part of such Borrowing would be offered by the Bank's London Branch to major banks in the offshore dollar market at their request at or about 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period for a term comparable to such Interest Period.

  • Offshore Physical Notes has the meaning provided in Section 2.01.

  • Permanent Offshore Global Note means an Offshore Global Note that does not bear the Temporary Offshore Global Note Legend.

  • Temporary Offshore Global Note means an Offshore Global Note that bears the Temporary Offshore Global Note Legend.

  • Qualified offshore wind project means a wind turbine

  • Offshore Rate means, for any Interest Period, with respect to Offshore Rate Loans comprising part of the same Borrowing, the rate of interest per annum (rounded upward to the next 1/16th of 1%) determined by the Agent as follows: Offshore Rate = LIBOR ------------------------------------ 1.00 - Eurodollar Reserve Percentage Where,

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Rule 144A Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold in the United States to QIBs in reliance on Rule 144A;

  • Rule 904 means Rule 904 promulgated under the Securities Act.

  • U.S. Accredited Investor means an “accredited investor” as defined in Rule 501(a) of Regulation D;

  • Accredited Investors means “accredited investors” as defined in Rule 501(a)(1), (a)(2), (a)(3) or (a)(7) of Regulation D under the Securities Act.

  • Special purpose district means an area with special boundaries created as authorized by law for

  • Rule 144A Global Note has the meaning assigned to it in Section 2.1(d).

  • Institutional Accredited Investor means an institution that is an "accredited investor" as that term is defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act.

  • EU Securitisation Regulation means Regulation (EU) 2017/2402 of the European Parliament and of the Council of December 12, 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation and amending certain other European Union directives and regulations, as amended and in effect from time to time.

  • Approved Purpose means a purpose for the use of recycled tires which is found on the list of Approved Purposes for Recycled Tires maintained by OTS and published on OTS’s web site from time to time;

  • Qualified Institutional Buyers as defined in Rule 144A. It is aware that the sale of the Privately Offered Certificates is being made in reliance on its continued compliance with Rule 144A. It is aware that the transferor may rely on the exemption from the provisions of Section 5 of the Act provided by Rule 144A. The undersigned understands that the Privately Offered Certificates may be resold, pledged or transferred only to (i) a person reasonably believed to be a Qualified Institutional Buyer that purchases for its own account or for the account of a Qualified Institutional Buyer to whom notice is given that the resale, pledge or transfer is being made in reliance in Rule 144A, or (ii) an institutional "accredited investor," as such term is defined under Rule 501 of the Act in a transaction that otherwise does not constitute a public offering. The undersigned agrees that if at some future time it wishes to dispose of or exchange any of the Privately Offered Certificates, it will not transfer or exchange any of the Privately Offered Certificates to a Qualified Institutional Buyer without first obtaining a Rule 144A and Related Matters Certificate in the form hereof from the transferee and delivering such certificate to the addressees hereof. Prior to making any transfer of Privately Offered Certificates, if the proposed Transferee is an institutional "accredited investor," the transferor shall obtain from the transferee and deliver to the addressees hereof an Investment Letter in the form attached to the Pooling and Servicing Agreement, dated as of November 1, 2004, among Structured Asset Mortgage Investments II Inc., Xxxxx Fargo Bank, N.A., EMC Mortgage Corporation and U.S. Bank National Association, as Trustee, pursuant to Certificates were issued. The undersigned certifies that it either: (i) is not acquiring the Privately Offered Certificate directly or indirectly by, or on behalf of, an employee benefit plan or other retirement arrangement which is subject to Title I of the Employee Retirement Income Security Act of 1974, as amended, or section 4975 of the Internal Revenue Code of 1986, as amended, or (ii) is providing a representation or an opinion of counsel to the effect that the proposed transfer and holding of a Privately Offered Certificate and the servicing, management and operation of the Trust and its assets: (I) will not result in any prohibited transaction which is not covered under a prohibited transaction exemption, including, but not limited to, Prohibited Transaction Exemption ("PTE") 84-14, XXX 00-00, XXX 00-0, XXX 00-00, XXX 00-00 and (II) will not give rise to any additional obligations on the part of the Depositor, the Master Servicer, the Securities Administrator or the Trustee or (iii) has attached hereto the opinion specified in Section 5.07 of the Agreement. If the Purchaser proposes that its Certificates be registered in the name of a nominee on its behalf, the Purchaser has identified such nominee below, and has caused such nominee to complete the Nominee Acknowledgment at the end of this letter. Name of Nominee (if any):

  • Regulation S Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold outside the United States in reliance on Regulation S;

  • Rule 144A Global Security has the meaning specified in Section 2.1(a) of Appendix A.

  • Approved Purposes means the use of Data by the Provider for the purposes of providing services authorized by APS in Agreements entered into between APS and the Provider (“Authorized Services”) during the term of the SDUPA., and for no other purpose.