Odfjell Drilling Signs Management Agreement for West Hercules

Source: www.gulfoilandgas.com 5/12/2022, Location: North America

Odfjell Drilling has agreed with SFL Corporation Ltd (“SFL”) to provide marketing and management services for the harsh environment semisubmersible drilling rig West Hercules. The agreement is based on terms and conditions customary for this type of agreements.

Odfjell Drilling is privileged to once again be chosen for our strong operational track record and marketing excellence in securing work. We further view the cooperation with SFL as strategically important.

The rig is currently employed on a contract with an oil major in Canada until the fourth quarter of 2022, thereafter the rig will return to Norway to complete a five yearly special periodic survey (“SPS”). Odfjell Drilling will take over as manager of the West Hercules as soon as the rig returns from Canada. In order to secure work for the West Hercules once the SPS is completed, Odfjell Drilling have already started operational preparations and marketing of the rig.

United States >>  6/10/2022 - Schlumberger and Subsea 7 announced that the Subsea Integration Alliance has been renewed for another seven years. ...
United States >>  6/1/2022 - Subsea 7 today announced the award of a sizeable(1) contract by Chevron for the development of the Ballymore project offshore US Gulf of Mexico, in wa...

United States >>  5/30/2022 - Fugro services will support both inshore and offshore towing of the 24,000-ton structure as it leaves the coast of Texas and travels 800 km to the Vit...

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