OSLO, Norway -- Premium Drilling, a joint venture between Awilco ASA and Sinvest ASA, has entered into a contract with Premier Oil Vietnam Offshore BV for the jackup drilling rig, WilBoss for work offshore Vietnam.
The 6-month contract is to begin in 1Q 2008. If Premier extends the firm contract period to 12 months prior to commencement, the company will be given an option for a further 12-month period.
WilBoss is under construction at KeppelFELS Shipyard in Singapore and is scheduled for delivery at the end of 4Q 2007.
TheWilBoss jackup will be equipped for high-pressure/high-temperature drilling in water depths to 400 ft (122 m).