Semi-submersible Rig 'Erik Raude' Contracted

September 11, 2012

Ocean Rig UDW Inc.  has received a Letter of Intent to contract one of its semi-submersible drilling rigs, “Eirik Raude”, from an oil major.

The Letter of Intent is for a one-well program, with an estimated duration of up to 6 months, for drilling offshore Ireland, with an estimated backlog of approximately $112 million, including mobilization and demobilization.

The rig is scheduled to commence this contract in the first quarter of 2013, in direct continuation from its previous contract in West Africa.

Ocean Rig is an international offshore drilling contractor providing oilfield services for offshore oil and gas exploration, development and production drilling, specializing in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. The company owns and operates 9 offshore ultra deepwater drilling units, comprising of 2 ultra deepwater semisubmersible drilling rigs and 7 ultra deepwater drillships, 3 of which remain to be delivered to the company during 2013
 

Logistics News

Golden Pass LNG Ships First Export Cargo from Texas Terminal

Golden Pass LNG Ships First Export Cargo from Texas Terminal

First LNG Export Cargo Departs Sabine Pass Terminal

First LNG Export Cargo Departs Sabine Pass Terminal

Port Houston Surpasses 1 Millions TEUs in Q1

Port Houston Surpasses 1 Millions TEUs in Q1

Irish Maritime Honor Bestowed on Port of Albany Chief Commerce Officer Megan Daly

Irish Maritime Honor Bestowed on Port of Albany Chief Commerce Officer Megan Daly

Subscribe for Maritime Logistics Professional E‑News

As gasoline prices rise, US drivers are turning to electric vehicle rentals
Panama Canal says $1 million-plus auction slots reflect temporary surge in demand
Lufthansa's 'Economy Basic" is the latest salvo in the battle over carry-on luggage size.