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

US Corn, Wheat, Soy Futures Rise Alongside Crude Oil

US Corn, Wheat, Soy Futures Rise Alongside Crude Oil

Ukraine Threatens Pushback if Israel Allows Grain Vessel to Dock

Ukraine Threatens Pushback if Israel Allows Grain Vessel to Dock

World’s First Ammonia Port-to-Ship Bunkering for Commercial Vessels Completed at Ulsan Port

World’s First Ammonia Port-to-Ship Bunkering for Commercial Vessels Completed at Ulsan Port

Regal Renord Corporation Names Aamir Paul as New CEO

Regal Renord Corporation Names Aamir Paul as New CEO

Subscribe for Maritime Logistics Professional E‑News