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Another Rig Goes Back to Work as Odfjell Drilling Secures Contract for Beacon Atlantic

Published in Oil Industry News on Wednesday, 20 March 2019


Graphic for News Item: Another Rig Goes Back to Work as Odfjell Drilling Secures Contract for Beacon Atlantic

CIMC Raffles and Odfjell Drilling secure drilling contract for Beacon Atlantic

CIMC Raffles and Odfjell Drilling have secured a drilling contract for Neptune Energy Norge by using the 6th generation harsh environment semisubmersible drilling unit “Beacon Atlantic”.

CIMC Raffles Offshore ("CIMC Raffles") and Odfjell Drilling are pleased to announce that Neptune Energy Norge, on 19 March 2019, has awarded Beacon Atlantic a 6 wells firm drilling contract with 10 optional wells on the Norwegian continental shelf. The commencement of the drilling operations is expected to be in Q4 2019 and the estimated duration of the firm program is 400 days. CIMC Raffles and Odfjell Drilling are further establishing a project team at the shipyard to prepare and mobilize for the operations in the North Sea.

CIMC Raffles and Odfjell Drilling have also entered into a 4 year management agreement whereby Odfjell Drilling will manage and operate Beacon Atlantic on behalf of CIMC Raffles based on terms and conditions customary for this type of agreements. 





Tags

Drilling Rig, Contract Win, Odjfell Drilling, Beacon Atlantic, Offshore, Oil and Gas








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