Seadrill has entered into an agreement for the construction of a new jack-up drilling rig with Jurong shipyard in Singapore. The rig is scheduled to be completed at the end of the third quarter 2013 and total project price is estimated at US$530 million, which includes project management, ...
U.S. oil and gas company ConocoPhillips has awarded a jack-up drilling rig contract to Malaysia's Icon Offshore for itsSarawak 2022 drilling campaign. The contract is for the Icon Caren jack-up drilling rig, previously known asPerisai Pacific 101. ConocoPhillips will use the rig to drill t...
Aker Solutions has won a contract from Yantai CIMC Raffles Offshore Ltd to supply a complete drilling equipment package for a new jack-up drilling rig, being built by the Chinese yard. The contract value is undisclosed. The new rig is of the 2000E jack-up design, and the contract ...
Huthnance Drilling Company has awarded Bethlehem Steel Corporation's Beaumont, Texas, shipyard a contract for construction of a new jackup rig, the Acadian Spirit. The new rig, expected to be delivered in June 1979, will drill off Louisiana under a one-year contract with The Superior Oil ...
The jack-up rig will now undergo intensive mechanical completion and commissioning before being transferred to IMI’s yard in Ras Al Khair, Saudi Arabia, for final commissioning before going on a contract with ARO Drilling. Work on the rig startedin January 2020with IMI and Lamprell collaborating...
The bareboat charter rate from Seadrill in this transition period will be approximately $55,000 per day. Upon effective assignment of the drilling contract, SFL will receive charter hire from the rig and pay for operating and management expenses. Under the contract, the rig is earning a market...
Noble Corporation has announced the purchase of a new Gusto MSC CJ46 design jackup rig from the PaxOcean Group (PaxOcean) in connection with a concurrently awarded drilling contract. Noble paid $33.75 million of the $93.75 million purchase price in cash, with the remainder of the purchase pri...
All three were drilling for CNOOC offshore China before they entered a yard to prepare for their respective charters in Saudi Arabia at the end of the year. Guo Hai Guo Zhi and Zhenhai 6 are on bareboat charter to COSL during the contract. Meanwhile, two hot-stacked, ...
In the UK sector,CNOOCbookedShelf Drilling Fortressfor a firm duration of four to five months and options for additional wells with a total duration of about 13 months, which could keep this rig busy into early 2025. The contract started less than three weeks from the announcement date as ...
Since the jack-up platform is stable, it is used for motion-sensitive tasks such as drilling. It also hosts structures such as the drilling rig, derrick cranes, and helideck. On the other hand, storage is on the fixed platform. Living quarters are often on the jack-up since they should...