Marine Link
Tuesday, September 27, 2016

Awilco Exercises Option for Jackup Drilling Rig No. 8

March 1, 2007

Awilco Offshore (AWO) has exercised an option with PPL (PPL) to build a 375-ft. jackup drilling rig with drilling depth of 30.000 ft. The rig will be named WilConfidence. The rig is to be delivered in the second quarter of 2009, and has a delivered cost of $149m. The delivered cost includes contract price with the yard, site supervision, pipe handling equipment, spare parts and finance costs during construction.


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