Forum Services contracted for newbuild drillship construction

Forum Services has signed a supervision agreement with Etesco Drilling Services for the construction of an ultra-deepwater drillship at Samsung Heavy Industries (SHI).

Offshore staff

HOUSTON -- Forum Services has signed a supervision agreement with Etesco Drilling Services for the construction of an ultra-deepwater drillship at Samsung Heavy Industries (SHI).

Upon delivery from the shipyard, the drillship will operate in Brazil for Petrobras. The rig is designed to drill up to 3,000 m (10,000 ft) of water depth.

The contract begins immediately with construction scheduled for completion in January 2012.

10/23/2009

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