Saipem expects the drillship - named Samsung Santorini - to be delivered in November 2021, when the Italian firm will take the 7th generation rig on a two-year charter. No dayrate details have been shared. Recent fixtures for 6th/7gen rigs saw dayrates in the $190.000-$210.000 per day r...
In the current market with spiralingday rates new drilling systems and improved functionalspecifications have been incorporated into a new buildvessel of a reduced size, with improved capabilities andwith functional specifications that will make drilling andwork over intervention of subsea wells more ...
By agreeing to sell the West Polaris to Seadrill Partners, Seadrill is able to realize $204 million in cash upon closing of the transaction while retaining up to $203,000 per day in revenues under the current drilling contract without the associated operating expense. Additionally, following the...
The cost associated with the construction of these vessels requires very high dayrates for the contractors to maintain a positive cash flow. Because of the high dayrates of these vessels, contractors have designed into their vessels various ways to add value to their customers to help offset the...
The cost associated with the construction of these vessels requires very high dayrates for the contractors to maintain a positive cash flow.Earl ShanksDon RayAndy CatesETCE/OMAE 2000 Joint Coneference Energy for the New Millennium February 14-17, 2000 New Orleans, Louisiana...