Rowan Gets New Contract by Turkish Petroleum
Offshore driller Rowan Companies has been awarded a two-well contract for its Rowan Norway jack-up rig in the Mediterranean Sea by Turkish Petroleum.Rowan Companies announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a two-well contract in the Mediterranean Sea by Turkish Petroleum with an estimated duration 100-140 days.The contract is expected to commence in late 2018. The Rowan Norway is currently warm-stacked in the United Kingdom sector of the North Sea. Rowan is a global provider of contract drilling services with a fleet of 27 mobile offshore drilling units, composed of 23 self-elevating jack-up rigs and four ultra-deepwater drillships.The Company's fleet operates worldwide…
PSA Okays MOL Norge North Sea Well
Hungarian operator MOL Norge has permission from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in the southern Norwegian North Sea.The jackup Rowan Viking will spud well 2/6-6 S in license PL 860 next month, targeting the Oppdal/Driva prospect.The location is 45 km (28 mi) east of the Valhall and Ekofisk fields and 20 km (12.4 mi) north of the offshore median line with Denmark, in a water depth of 70 m (229 ft).Drilling is scheduled to begin in September 2018 and expected to last between 66 and 71 days.The well will be drilled by Rowan Viking which is a jack-up mobile drilling facility built in Singapore in 2010. Rowan Viking is operated by Rowan Norway Ltd. The facility was issued with an Acknowledgement of Compliance (AoC) by the PSA in August 2014.
Drilling Rig Status Update from Rowan
Rowan Companies plc gives an update on notable events. EXL I: Changed day rate to mid $220s (previously mid $210s) due to amortization adjustment. J.P. Bussell: Rig is expected to be off rate for five days in 1Q 2013. Scooter Yeargain: Rig is expected to enter the shipyard in January 2013 (previously March 2013) for 105 days (previously 135 days) for customer-required equipment upgrades. Gorilla VI: Off rate time in 4Q 2012 was eight days instead of the previously expected 25 days. Cecil Provine: Off rate time in 4Q 2012 was 49 days instead of the previously expected 57 days. Rowan Norway: Rig is currently in the shipyard for contract requirements and is expected to commence operations early January 2013 (previously mid December 2012).
Keppel AmFELS Delivers Rowan Rig Ahead of Schedule
Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has completed the delivery of its fourth EXL jack-up rig to a subsidiary of Rowan Companies, Inc. (Rowan) (NYSE: RDC) with a perfect safety record, four months ahead of schedule and within budget. The jack-up rig was christened Rowan EXL-IV yesterday by Ms. Mary J. Dunaway and Ms. Audra M. Williamson, daughters of Mr. Johnnie Huckabay, one of Rowan's senior rig managers. The rig was delivered on September 1, 2011 and is scheduled to depart Keppel AmFELS' yard in Brownsville, Texas in October 2011. Mr Matt Ralls, President and CEO of Rowan, said, "This latest EXL jack-up rig is a key addition to our fleet of high-specification rigs and will enable us to further grow our offshore drilling business.
Keppel Delivers Second KFELS N-Class Jack-up to Rowan
Keppel FELS Limited (Keppel FELS) has delivered the KFELS N-Class jack-up rig, the Rowan Stavanger, to Rowan Companies, Inc. (Rowan) (NYSE: RDC) safely, on time and within budget. The second of three KFELS N-Class rigs being built for Rowan, this high-specification jack-up design is a product of Keppel's rich experience in constructing rigs for the North Sea region since 1985. The rig was named the Rowan Stavanger at Keppel FELS by Lady Sponsor, Mrs. Amy Ralls, spouse of Mr. Matt Ralls, President and Chief Executive Officer of Rowan. Rowan President and CEO Matt Ralls, said, "Our acquisition of Skeie Drilling and Production and three…
Keppel Delivers Dual-Capability Jack-Up to Rowan
Keppel FELS Limited (Keppel FELS) has delivered the first of three KFELS N-Class jack-up rigs being built for Rowan Companies, Inc. (Rowan) (NYSE: RDC) safely, on time and within budget. Built to the proprietary KFELS N-Class design, this new-generation rig is the largest jack-up to be constructed in Singapore. This rig design is the brainchild of Keppel's R&D arm, Offshore Technology Development (OTD), following Keppel's extensive experience in constructing rigs for the North Sea region since 1985. The North Sea region is one of the world's toughest operating environments for offshore exploration and production. At 568 ft (extendable to 598 ft)…
