Petronas Carigali contracts Mermaid Maritime drilling rig
Offshore staff
BANGKOK -- Petronas Carigali has awarded Mermaid Maritime a $235-million contract to use the newbuild tender drilling rig KM-1 in Malaysia.
The contract coversKM-1 along with the related equipment and personnel to carry out offshore drilling services. The contract is for a primary period of five years with extension options for up to an additional five years.
The contract is expected to begin in 4Q 2009.
10/30/2008