Stay Connected

Ocean Rig deepwater offshore drillships get status update

Offshore staff

NICOSIA, Cyprus -- Ocean Rig has provided an update on its deepwater drilling construction and contracts schedule.

Late last month, the company signed terms for a $1.35-billion loan facility to part-finance costs of the newbuild drillships Ocean Rig Mylos, Ocean Rig Skyros, and Ocean Rig Athena. These are scheduled for delivery this year in July, October, and November.

Also in February, the company received a letter of award valued at $680 million from a major oil company for a three-year drilling contract off West Africa. This will probably be handled by the new drillship Ocean Rig Apollo, scheduled for delivery in January 2015.

The program should start not long afterwards, and the client has four extension options of up to six-months each.

The semisub Eirik Raude has started a $112-million contract for ExxonMobil Exploration and Production Ireland (Offshore), which will involve drilling one well on the deepwater Dunquin structure off southwest Ireland. The program could last up to six months.

Thereafter, the rig will transfer to West Africa to start a firm four-well program for Lukoil off Sierra Leone, valued at $217 million.

3/5/2013

Related Articles

Rolls-Royce wins Petrobras contract for energy services

Nov 21, 2013

Rolls-Royce has been awarded a $138 million services contract by Petrobras to support its oil production activities offshore Brazil.

Petrobras completes well in Franco area

Nov 20, 2013

Petrobras has completed drilling one more well in the Santos basin presalt Franco area. The well is referred to as 3-BRSA-1184-RJS (3-RJS-723), and informally known as Franco Leste.

Trending News

KBR to engineer Al Nasr oil field expansion offshore Abu Dhabi

Jul 30, 2014

Hyundai Heavy Industries has issued a letter of award to KBR to perform engineering design services for ADMA-OPCO’s Al-Nasr full field development project offshore Abu Dhabi.

South Stream cleared for Turkish route through Black Sea

Jul 30, 2014

Turkey’s Ministry of Environment and Urban Planning has approved the environmental impact assessment (EIA) report for the South Stream gas pipeline’s section through Turkish waters.

Qatar drilling contractor orders multi-purpose liftboat

Jul 30, 2014

Gulf Drilling International (GDI) has awarded two contracts with a total value of $110 million to Nakilat-Keppel Offshore & Marine (N-KOM), a shipyard joint venture between Nakilat and Singapore’s Keppel Offshore & Marine.

Israel set to expand offshore gas deliveries

Jul 30, 2014

Noble Energy says the onshore gas compression project at Ashdod on the Israeli coast is more than 60% complete with all main equipment installed.

Xodus to assess vibration at Qatargas production centers

Jul 30, 2014

Qatargas has contracted Xodus Group for vibration engineering services at facilities offshore and onshore Qatar.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

View more Job Listings >>