• Subscribe
  • Magazine
  • Videos
  • Webcasts
  • Events
  • About Us
  • Exclusive Content
    1. Vessels

    Well-Safe purchases second rig

    Sept. 14, 2020
    Well-Safe Solutions has acquired the harsh-environment jackup West Epsilon from Seadrill.
    (Courtesy Well-Safe Solutions)
    The West Epsilon will be renamed Well-Safe Protector.
    The West Epsilon will be renamed Well-Safe Protector.

    Offshore staff

    ABERDEEN, UK – Well-Safe Solutions has acquired the harsh-environment jackup West Epsilon from Seadrill for an undisclosed amount.

    Built in 1993, the rig will be upgraded, modified, and renamed Well-Safe Protector. The company expects to deploy the unit specifically for enhanced plug and abandonment projects in early 2021.

    Phil Milton, CEO of Well-Safe Solutions, said the acquisition is expected to create about 100 new jobs.

    Operations on the upgrade and SPS renewal of the company’s first rig, the Well-Safe Guardian, were paused earlier this year due to the COVID-19 pandemic. However, operations are restarting, and the company also expects to deploy the semisubmersible early next year.

    09/14/2020