Atwood Jackup Receives Contract Extension in Thailand

Source: www.gulfoilandgas.com 9/20/2017, Location: Asia

Atwood Oceanics, Inc. announced that one of its subsidiaries has agreed to a four month extension on the jackup rig Atwood Orca with Mubadala Petroleum for drilling operations offshore Thailand. The new contract is at an undisclosed day rate that is higher than the current day rate, and it includes two four-month options that are priced at successively higher day rates than the new firm day rate.

As a result of this contract, the expected earliest availability of the Atwood Orca is August 2018, assuming no options are exercised. If both options were to be exercised, the drilling program would be expected to extend until approximately April 2019.


Norway >>  7/4/2022 - Equinor has exercised further work for the Deepsea Stavanger under the continued optionality mechanism provided for in the contract entered into by th...
Norway >>  7/4/2022 - Aker BP builds a new collaboration center in Trondheim, as part of a strategy to link onshore and offshore operations closer together. Cyviz AS is cho...

Norway >>  6/30/2022 - The Petroleum Safety Authority Norway (PSA) has given Equinor consent to use Transocean Spitsbergen for production drilling and completion on the Visu...
Singapore >>  6/29/2022 - The Deepwater Atlas, the first drillship of the eighth generation in the world, was successfully delivered by Sembcorp Marine Ltd to Transocean's subs...

United Kingdom >>  6/29/2022 - Maersk Drilling has secured a contract from Shell UK Ltd for the provision of the harsh-environment jack-up rig Maersk Resilient for the drilling of t...
United Kingdom >>  6/29/2022 - Deltic Energy Plc, the AIM quoted natural resources investing company with a high impact, natural gas focussed exploration and appraisal portfolio in ...

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.