Esgian Week 37 Report: New Contracts for Floating Rigs
Esgian provides an update on new contract awards for floating rigs in its Week 37 Rig Analytics Market Roundup.Report SummaryContractsTransocean Ltd. has secured a 365-day contract for the 12,000-ft drillship Deepwater Atlas with bp in the US GOM.Norwegian operator Aker BP has extended the contract for Saipem’s 10,000-ft semisub Scarabeo 8 in Norway.Drilling Activity and DiscoveriesEquinor has found hydrocarbons at the Sitka C-02 exploration well in the Flemish Pass area offshore Newfoundland & Labrador…
ME Production Receives Two Scrubber Orders
ME Production subsidiary Marine Exhaust Technology has been awarded a new contract for the DFDS vessel Finlandia sailing on the route Rosyth-Zeebrugge. The scrubber contract includes design, engineering, manufacturing, and installation. Additionally, MET has signed a newbuilding contract with the shipyard Balenciaga S.A. in Spain for a new cargo vessel. The contract includes an Inline Hybrid scrubber system. The system is designed with an integrated silencer and does not require a bypass.
Maersk Convincer gets 1 yr More
Petronas Carigali, the Exploration and Production subsidiary of the national oil company in Malaysia, has extended the contract for the jack-up rig Maersk Convincer by one year. Consequently, the rig will be on contract with Petronas until mid-November 2015. The estimated revenue potential from the one-year contract extension is USD 56 million. “We are very pleased to continue working with Petronas Carigali and see this extension as a further strengthening of our relationship. Together with Petronas Carigali, our highly competent rig crewhas delivered several challenging wells in a safe and efficient way,” says Claus V. Hemmingsen, CEO of Maersk Drilling and member of the Executive Board of the Maersk Group.
Jack-up 'Maersk Convincer' Malaysia Contract Extended
Petronas Carigali, the Exploration and Production subsidiary of Malaysia’s national oil company, has exercised its contractual right to extend the contract for the jack-up Maersk Convincer by one year. Consequently, the rig will be on contract with Petronas until mid-November 2014. As part of the drilling campaign offshore Malaysia the rig is expected to do High-Pressure-High-Temperature drilling and Under-Balanced drilling for which the rig is ideally suited. The estimated value of the one-year contract extension is approximately USD 54 million.
