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

Copenhagen Malmö Port Names Kristian Durhuus as New CEO

Copenhagen Malmö Port Names Kristian Durhuus as New CEO

Baltic Index Rises to Highest in 2.5 Years

Baltic Index Rises to Highest in 2.5 Years

Brazil Wheat Forecast to Grow in 2026

Brazil Wheat Forecast to Grow in 2026

Million-Dollar Award Offered for Methanol First

Million-Dollar Award Offered for Methanol First

Subscribe for Maritime Logistics Professional E‑News

European shares gain monthly on Middle East Peace Hopes
Five people are killed and over 40 injured in a chain-reaction crash on a Virginia highway
Putin says that it is too early to determine if the drone that strayed in Romania was Russian