Gulf Oil and Gas accountACCOUNT

North Atlantic Gets Extension of Contract for West Alpha

Source: www.gulfoilandgas.com 6/28/2012, Location: Europe

North Atlantic Drilling has received a letter of intent from ExxonMobil for assignment of the harsh environment semi-submersible drilling unit West Alpha. The extension has a firm period of two years with an estimated revenue value of US$410 million. Commencement of operations under the contract extension is expected in the third quarter of 2014, in direct continuation of the next assignment for West Alpha on the Balder field. Consequently, West Alpha has secured firm contracts that will keep the rig employed to third quarter 2016.The customer has an option to extend the contract with one additional year at the same terms as for the first two years. Seadrill has a 74% ownership interest in North Atlantic Drilling Ltd.

Rigs >>

Rigs News in Norway >>

Norway >>  2/18/2019 - Transocean Ltd. has entered into an agreement with its customer, Equinor, to license and install Automated Drilling Control (“ADC”) systems on four hi...
Oman >>  2/18/2019 - Global drilling and engineering contractor KCA Deutag (“KCAD”) announces that its land drilling operation has won new contracts and contract extension...

Saudi Arabia >>  2/15/2019 - Saudi Aramco and National Oilwell Varco Incorporated (NOV) recently held the first Arabian Rig Manufacturing (ARM) Board of Managers meeting. ARM is a...
Saudi Arabia >>  2/14/2019 - Noble Corporation plc has exercised an option for the purchase of a second newbuild Gusto MSC CJ46 design jackup rig from the PaxOcean Group (PaxOcean...

Australia >>  2/12/2019 - Cue Energy has announced that a rig contract has been signed for the drilling of the Ironbark Prospect in exploration permit WA-359-P, offshore Wester...
Australia >>  2/11/2019 - Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, has signed a rig contract for infill drilling...

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

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


Norway Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 |

More News

Related Links

00 AL AT BE BG CH CY CZ DE DK ES FI FR GR HR HU IE IT NL NO PL PT RO SE SI TR UK
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.