All posts by Denise Hernandez.

[23-August-2019] Temporary Extension of Bank Facility Maturity Date

We refer to the announcement dated 10 May 2019, regarding a contemplated bond issue for Atlantica Tender Drilling Limited (“ATDL”). Due to adverse market conditions, ATDL was not able to conclude the contemplated bond issue. ATDL has therefore been discussing extending the maturity date of its existing bank facility (23 August 2019) and bond issue (23 September 2019) by approximately one year. The lenders under the bank facility have granted ATDL a temporary extension of the maturity date until 20 Read More


[12-JULY-2019] Atlantica Safety Milestone

In the beginning of Q2 2019, Atlantica surpassed 4 years with a lost time injury. We are extremely pleased with the safety performance of both units. This achievement demonstrates that the teams onboard both units have committed to and embraced the need to work with the company’s QHSE management system.


[10-May-2019] Atlantica Tender Drilling Ltd. – New Bank Term Loan Facility and Contemplated Bond Issue

Atlantica Tender Drilling Limited (the “Company”) has received credit approvals from a syndicate of new and existing lenders for a new 4-year USD 100 million first lien term loan facility (the “Term Loan”). The Company has further mandated DNB Markets and Pareto Securities as Global Coordinators and Joint Bookrunners and Danske Bank and SpareBank1 Markets as Joint Bookrunners to arrange a series of fixed income investor meetings. A USD 140 million, 4-year, second lien bond issue (the “Bond Issue”) may Read More


[07-December-2018] Houston Food Bank

On December 7, 2018 Atlantica completed a day of service at the Houston Food Bank by helping in the Keegan Kitchen with meal prep and packaging 3,886 hot meals for daily distribution to community locations where children gather after school.  


[03-August-2018] YMCA Operation Backpack

Team Atlantica had the opportunity to participate in the YMCA’s ‘Operation Backpack’ which is an initiative to provide school supplies for children in the Houston area so they can start school with the tools to be successful. With the donation of 43 backpacks filled with supplies, Atlantica is helping make a difference and impact the children in our community.  


2018

[27-August-2018] Atlantica Tender Drilling Ltd. (ATDL) Contract Extension BassDrill Beta Petrobras has extended the charter contract for the BassDrill Beta by an additional 386 days with options. [ 08-August-2018] Notice of 2018 Annual General Meeting Per the attachment, a notice has been sent the Company’s shareholders informing that the 2018 Annual General Meeting («AGM») of the Company will be held at Canon’s Court, 22 Victoria Street, Hamilton HM 12, Bermuda, on 21 August 2018 at 3:00 pm (CET). The proposed agenda comprises Read More


[28-March-2018] 121-Day Extension to BassDrill Beta Charter

Petrobras has exercised their right to utilize a clause in the charter contract for BassDrill Beta which permits extending the primary term of the contract by the sum of accumulated downtime incurred during the original 1500-day term. This extends the term of the contract to the end of August, 2018.


[24-August-2017] Notice of 2017 Annual General Meeting

Per the attachment, a notice has today been sent the Company’s shareholders informing that the 2017 Annual General Meeting («AGM») of the Company will be held at Canon’s Court, 22 Victoria Street, Hamilton HM 12, Bermuda, on 21 September 2017 at 3:00 pm (CET). The proposed agenda comprises solely the ordinary business of the AGM. Participation by way of proxy only: Shareholders of the Company are asked to submit their proxies for participation to the Company’s registrar in DNB Bank Read More


[11-August-2017] YMCA Operation Backpack

  Team Atlantica had the opportunity to participate in the YMCA’s ‘Operation Backpack’ which is an initiative to provide school supplies for children in the Houston area so they can start school with the tools to be successful. With the donation of 25 backpacks filled with supplies, Atlantica is helping make a difference and impact the children in our community.  


[07-June-2017] Mercy Ships: Thank you Atlantica

Dear Atlantica Management Inc.   Thank you so much for your kind support of me and my project here with Mercy Ships.  Because of donations like yours, little girl ‘C’ now has a bright and happy future.  She was born with an encephalocale, a hole in her facial bones that let a sack of brain tissue / spinal fluid grow on her forehead / nose.  This condition is usually fatal by age 5 or 6 –‘C’ is 4 years old, Read More


[13-April-2017] Coeur Celeste Orphanage in Pointe Noire, Congo

Atlantica is excited to announce our sponsorship in support of Coeur Celeste Orphanage in Pointe Noire, Congo.    Our local Pointe Noire office staff visited Coeur Celeste on Thursday, 13-April-2017. During this outreach visit, the staff gave out chocolate Easter bunnies and treats to all of the children. Founded by Mrs. Celestine Bangniakana in 2014, the Coeur Celeste Orphanage is currently the home to forty (40) orphans, ranging from the age of 2 to 18 years old.  Mrs. Bangniakana, a native Read More


2017

[ 24- August- 2017 ] Notice of 2017 Annual General Meeting Per the attachment, a notice has today been sent the Company’s shareholders informing that the 2017 Annual General Meeting («AGM») of the Company will be held at Canon’s Court, 22 Victoria Street, Hamilton HM 12, Bermuda, on 21 September 2017 at 3:00 pm (CET). The proposed agenda comprises solely the ordinary business of the AGM. Participation by way of proxy only: Shareholders of the Company are asked to submit their proxies for Read More


[ 06-April-2017] Simen Skaare Eriksen has been appointed to Atlantica’s Board of Directors

Mr. Eriksen has 20 years of extensive international experience within the offshore and shipping industries. From 2008 until 2017 he held various roles with Frigstad Offshore, the last 8 years as CEO. Prior to that he spent more than 10 years in several positions with the A.P. Moller-Maersk Group at several of their international locations, most of the time with Maersk Contractors. From 1997 to 1999 he was with Maersk Line, completing a graduate management trainee programme at Maersk Shipping Read More


2016

In Progress [18-November-2016] Atlantica Attains Multiple Safety Milestones Atlantica’s semi tender Beta, under contract to Petrobras in Brazil, as well as all of Atlantica Tender Drilling, successfully completed 1 year of operations with zero Recordable Incidents. Additionally, on December 10, 2016 Atlantica’s semi tender Delta, under contract to Total in the Congo, successfully completed 1 year of operations with zero Recordable Incidents. Congratulations to the crews offshore, the management onshore and to our customers Petrobras and Total for their exceptional Read More


2015

In Progress  [ 14-December-2015] Atlantica Delta Semi Tender Delivered December 11, 2015 Atlantica Delta semi tender was delivered by DSIC (Dalian). The Delta will be loaded aboard the Mighty Servant III for the 10,000 nautical mile, 5 week voyage to West Africa where it will immediately commence a term development drilling contract for Total Congo. The Delta will be positioned in 800m of water with pre-laid mooring adjacent to the recently delivered Moho Nord TLP. [8-December-2015] Agreement on Gamma ATDL Read More


2014

[ 24-December-2014] New Number of Shares Outstanding Post settlement of the 4,922,691 new shares issued with the recent rights issue, the new number of total shares outstanding in the company is 127,989,977.   [12-December-2014] “Beta” commences operational activities The semi tender “Beta” commenced operational activities on the initial well on Petrobras’s P-61 TLP located in the Campos Basin. This is a milestone achievement which marks the start of the first deep water surface development program in Brazilian waters as well Read More


Atlantica Attains Multiple Safety Milestones

On November 18, 2016 Atlantica’s semi tender Beta, under contract to Petrobras in Brazil, as well as all of Atlantica Tender Drilling, successfully completed 1 year of operations with zero Recordable Incidents.   Additionally, on December 10, 2016 Atlantica’s semi tender Delta, under contract to Total in the Congo, successfully completed 1 year of operations with zero Recordable Incidents.   Congratulations to the crews offshore, the management onshore and to our customers Petrobras and Total for their exceptional leadership and Read More


[17-November-2016] Mercy Ships: Africa Mercy

Atlantica and a number of its Team members support the incredible service being performed by Mercy Ships, particularly the civilian hospital / surgical Africa Mercy as it provides state-of-the-art care for those who would otherwise go without care… and they provide this service free of charge.  Mercy Ships began sailing on their mission to provide hope and healing to the world’s forgotten poor in 1978.  Each year they have been able to reach more people to provide life-changing surgeries.  In Read More