Latest News and Press Releases

STAVANGER, Norway, Oct. 21, 2003 (PRIMEZONE) -- Smedvig (NYSE:SMVa) (NYSE:SMVb) reported today consolidated operating profit for the third quarter of NOK 176 million, as compared to NOK 145 million...

STAVANGER, Norway, Oct. 17, 2003 (PRIMEZONE) -- Smedvig (NYSE:SMVa)(NYSE:SMVb) has been awarded a letter of intent by Total for the semi-submersible self-erecting tender rig West Menang offshore West...

STAVANGER, Norway, Oct. 8, 2003 (PRIMEZONE) -- The Smedvig (NYSE:SMVa) (NYSE:SMVb) and Crest Petroleum joint venture Varia Perdana has today entered into agreements to acquire the self-erecting...

STAVANGER, Norway, Sept. 1, 2003 (PRIMEZONE) -- Smedvig (NYSE:SMVa) (NYSE:SMVb) has today been notified by Esso that the company will not appeal the Balder ruling by the Stavanger City Court....

STAVANGER, Norway, Aug. 26, 2003 (PRIMEZONE) -- In relation to the ruling made by the Stavanger District Court in the dispute between Smedvig (NYSE:SMVa) (NYSE:SMVb) and Esso with regard to the...

STAVANGER, Norway, August 22, 2003 (PRIMEZONE) -- BP in Norway has awarded Smedvig (NYSE:SMVa) (NYSE:SMVb) a new long-term production drilling contract for the ultra-large jack-up drilling rig West...

STAVANGER, Norway, August 6, 2003 (PRIMEZONE) -- Smedvig (NYSE:SMVa) (NYSE:SMVb) reported today consolidated operating profit for the second quarter of NOK 145 million as compared to NOK 59 million...

STAVANGER, Norway, July 30, 2003 (PRIMEZONE) -- The Stavanger District Court reached today its decision in the dispute between Smedvig (NYSE:SMVa) (NYSE:SMVb) and Esso with regard to the completion...

STAVANGER, Norway, July 14, 2003 (PRIMEZONE) -- Statoil (NYSE:STO) has awarded a letter of intent to Smedvig for the assignment of the fourth generation drilling rig West Alpha. The contract includes...

STAVANGER, Norway, June 16, 2003 (PRIMEZONE) -- Smedvig (NYSE:SMVa) (NYSE:SMVb) has been awarded a letter of intent by Global Ocean Development Inc. in Japan for the provision of drilling related...