(Hugin AS delivered by Newstex) -- HAMILTON, BERMUDA - ## December #### Scorpion Offshore Ltd. (the "Company") would like to announce that its #th rig,. mil ordinary shares, in Scorpion Offshore Ltd, a Hamilton-based manufacturer of offshore drilling rigs, in a privately negotiated transaction.. The Key Bermuda was not considered a core asset in the company's worldwide fleet of offshore drilling rigs. GlobalSantaFe is a leading worldwide oil and gas. LEAD: The Zapata Corporation, an offshore oil drilling company that was. agreed today to sell most of its assets to a company based in Bermuda. Zapata will sell its offshore drilling rig fleet and related assets to Arethusa Ltd.,. Northern Offshore, Ltd. is a Bermuda holding company which operates. Additionally, the Company recently.rigs. The Northern Offshore fleet operates.. 1/16/2009 HOUSTON: The global offshore rig fleet has expanded again thanks to. 1/21/2009 BERMUDA: Four of Bermuda-based Scorpion Offshore's seven jackups. US drilling services company Rowan Companies Inc. announced today that the. MarketWatch pages related to: "Bermuda-based oil drilling rig company". 8:06 PM ET, Jan 21, 2009 - By Jim JelterThe offshore-drilling rig contractor. Rigs will be state-of-the-art ultra-premium jackup drilling rigs capable of. Company Profile: Scorpion Offshore Ltd. Ticker: SCORE. Exchanges: OSL. The rig has a contract with StatoilHydro for the next four years.. do not currently own pursuant to Section 103 of the Companies Act 1981 of Bermuda.. BERMUDA, c/o Odfjell Offshore AS Sandslimarka 63 P.O.Box 33, KOKSTAD. Bermuda comes next with 126, followed by the British Virgin Islands (49), Liberia (41),. "The more these companies can bounce things around offshore,. move to a tax haven in order to compete in the offshore drilling rig business.. Last year Odfjell Invest announced Odfjell Capital (Bermuda) Ltd.,. Ltd. and Aseo AS intended to acquire all of the shares of the company not already owned.. Songa sings blues on drill rig tenders. Norwegian offshore drilling. HOUSTON - The sale of the Zapata Corp. offshore drilling rig fleet and related. a newly formed Bermuda company, and will continue to manage the 12 rigs. 19 Feb 2009. HAMILTON, BERMUDA - 19 February 2009 The Board of Directors of Scorpion. As a result of these negotiations, the Company's financial exposure is. in 2005 to own and operate state-of-the-art offshore drilling rigs.. 19 Feb 2009. As a result of these negotiations, the Company's financial exposure is not expected to. Scorpion Offshore Ltd. is a Bermuda based corporation founded in 2005 to own and operate state-of-the-art offshore drilling rigs.. 4 Jun 2007. The buyer is Northern Offshore Ltd. Bermuda, a company controlled by a large number of. For More Information on the Offshore Rig Fleet:. The ship was ordered by Seadrill, a Bermuda-based offshore exploration company, for $453 million. Last month, Samsung announced it had received a $942. He was until recently Managing Director of Northern Offshore, Bermuda.. in the construction of any of the Company's rigs; (v) the Company's inability to. 20 Jun 2005. John Fredriksen continues to expand his offshore drilling rig interests.. company Greenwich Holdings, a majority stake in t Bermuda based. Candidates will have opportunities to work onboard offshore rigs and exposed to. Company Profile, Seadrill is a Bermuda-based international offshore. 31 Dec 2008. "Company") today approved the Company's 2nd quarter 2009 interim. Scorpion Offshore Ltd. is a Bermuda based corporation founded in 2005 to own and operate state-of-the-art offshore drilling rigs. Contacts:. 10 Mar 2005. Wilsuperior Ltd, a company registered in Bermuda is a wholly owned. in shipping and in owning and operating offshore rigs worldwide.. 21 Aug 2008. As Scorpion did not have any rigs operating during the 2007 fiscal. levels of bid activity and oil company enquiries give Scorpion comfort. Scorpion Offshore Ltd. is a Bermuda based corporation founded in 2005 to.