Awilco updates North Sea rig upgrade progress

Awilco Drilling says the yard stay for the semisubmersible WilPhoenix is taking longer than anticipated.

Offshore staff

ABERDEEN, UK – Awilco Drilling says the yard stay for the semisubmersible WilPhoenix is taking longer than anticipated. The rig remains berthed at Hartlepool on the northeast English coast on a zero day rate.

The company is working to finish the program in cooperation with clientApache North Sea.

It estimates the total cost for the yard stay and installation of a new BOP will be below the budgeted $42.5 million.

The rig has 22 months remaining of its three-year contract.

04/04/2016

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