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    1. Drilling & Completion

    BP terminates GoM drillship contract

    April 1, 2015
    BP has terminated its contract with the ENSCO ultra-deepwater drillship DS-4 in the Gulf of Mexico.

    Offshore staff

    HOUSTON – BP has terminated its contract with the ENSCO ultra-deepwater drillship DS-4in the Gulf of Mexico.

    The original contract was to run to July 2016.

    ENSCO has said the contract termination means BP owes $160 million and that the current $560,000 day rate will sustain through the July termination date.

    04/01/2015