N. Atlantic Drilling Secures Contract for West Alpha

Source: www.gulfoilandgas.com 5/18/2011, Location: Europe

North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has received a letter of award for the semi-submersible drilling rig West Alpha for operations on the Norwegian Continental Shelf. The letter of award covers a two-well commitment in the Balder field, with an estimated firm contract period of 210 days and an estimated value of US$100 million. Commencement of the assignment is scheduled for the third quarter 2012, in direct continuation of the present contract. The contract has provisions at the operators sole discretion for extension of up to four additional wells.

Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS and Chairman of North Atlantic Drilling Ltd. says, "We are pleased to report a new contract for the drilling unit West Alpha. The contract demonstrates the continued strong demand for quality drilling units in the North Atlantic - Norway area and further enhances the value of North Atlantic Drilling."


Bermuda >>  6/27/2022 - In order to sell the "Tivar," "Huldra," and "Heidrun" (collectively referred to as the "Transaction Rigs"), three high-specification units being built...
United Kingdom >>  6/23/2022 - Noble Corporation has entered into an asset purchase agreement to sell five jackup rigs for $375 million to a newly formed subsidiary ("Buyer") of She...

Saudi Arabia >>  6/22/2022 - The contract extensions for the AOD I, AOD III, and West Callisto for work offshore in the Arabian Gulf have been awarded to Seadrill Limited ("Seadri...
United Kingdom >>  6/22/2022 - In addition to our press release from June 9, 2022, Awilco Drilling Plc announces that the previously mentioned sale of the drilling rig WilHunter has...

Norway >>  6/21/2022 - The Petroleum Safety Authority Norway (PSA) has given an order to Equinor after an audit of that company and KCA Deutag (KCAD) as well as their develo...
Brunei Darussalam >>  6/17/2022 - In recognition of the drillship’s outstanding performance in all aspects during its time in Brunei Darussalam, Shell has named Maersk Viking its 2021 ...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.