Offshore staff
HOUSTON –Hercules Offshore (NASDAQ: HERO) has signed a five-year contract with a subsidiary of Eni S.p.A. for use of the Hercules 260in West Africa.
The contract is scheduled to begin in a few days.
The day rate is tied to the price of Brent crude, ranging from a minimum of $75,000/day when Brent is $86 or less to $125,000/day when Brent crude is $125 or more.
04/02/2015
