HOUSTON – Northern Offshore Ltd. has received a letter of award from Oil and Natural Gas Corp. for its semisubmersible Energy Driller for work offshore India.
The term of the contract is for three years with initial operations commencing off the west coast during 1Q 2012. The Energy Driller completed its previous three-year contract with ONGC on Aug. 31, 2011 and was subsequently demobilized to a Singapore shipyard arriving Sept. 20, 2011.
While in the shipyard, the rig will undergo Class inspections and maintenance in preparation for the new contract. The estimated contract value for the award is approximately $230 million.