Ocean Rig adds LoI for one-well offshore Ireland

Sept. 12, 2012
Ocean Rig UDW Inc. reports a letter of intent from a major operator for the Eirik Raude semisubmersible drilling rig to conduct a one-well program offshore Ireland.

Offshore staff

NICOSIA, Cyprus –Ocean Rig UDW Inc. reports a letter of intent from a major operator for the Eirik Raude semisubmersible drilling rig to conduct a one-well program offshore Ireland.

The six-month estimated duration including mobilization and demobilization from itscurrent West Africa location will cost about $112 million.

The work is scheduled to begin in 1Q 2013.

9/12/2012