COD Signs Deal With BP Trinidad

Thursday, August 09, 2001
Chiles Offshore Inc. (COD) has executed a three-year contract with BP Trinidad and Tobago LLC for the use of the ultra-premium jackup drilling rig the Chiles Coronado, (formerly known as the "Tonala"). The Chiles Coronado is currently undergoing limited modifications and upgrades before leaving the Gulf of Mexico for Trinidad. The rig is currently expected to arrive in Trinidad during the month of September. During the contract period, contract revenues are estimated to approximate $80 million, exclusive of mobilization and de-mobilization fees. William Chiles, President and Chief Executive Officer said "We are very pleased to have been selected by BP to be the drilling contractor for this significant exploration and development program and we are pleased to expand our operations into Trinidad which is an important market for our services. The Chiles Coronado was delivered from the yard and commenced operations in April 2000 and is an ultra-premium jackup rig of the LeTourneau Super 116 design. The Chiles Coronado incorporates new "state-of-the-art" technologies including large mud pumping capacity, extended reach cantilever, and large drilling fluid storage capacities."
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Houston Shipping and Offshore Conference Program Announced

The fourth Houston Shipping and Offshore Conference has announced the final program for its Friday, October 10 conference at the Houstonian Hotel, Club & Spa, 111 N.

EMS Seven Seas Announces New CEO

EMS Seven Seas announces new CEO; enters into agreement to acquire Wave Shipping, a Singapore-based maritime and port agency services company. EMS Seven Seas,

iSURVEY Awarded Two-year Contract with Island Offshore

iSURVEY has been awarded a two-year contract with offshore vessel owner, Island Offshore Management, which will see iSURVEY AS provide positioning services to Island

Navy

Video: Submarine John Warner Launched for Testing

Huntington Ingalls Industries (HII) launched the Virginia-class submarine John Warner (SSN 785) into the James River on September 10 at the company's Newport News Shipbuilding division,

Today in U.S. Naval History: September 17

Today in U.S. Naval History - September 17 1861 - Union landing party from USS Massachusetts takes possession of Ship Island, Mississippi. This was the headquarters for Adm.

Bulgarian Naval Academy Installs VSTEP Simulators

The Nikola Vaptsarov Naval Academy in Varna purchased a 360° Class A Full Mission Bridge simulator and an Incident Management Simulator for training of its Naval and Merchant marine students.

 
 
Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1195 sec (8 req/sec)