Atwood Oceanics secures contract for the Atwood Advantage drillship

Posted on 27 September 2012

Atwood Oceanics has secured a drilling services contract for the Atwood Advantage by a subsidiary of Noble Energy for a worldwide program commencing in the Eastern Mediterranean. The Atwood Advantage drillship is currently under construction at Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea and is scheduled for delivery in September 2013.

The agreement specifies an operating rate of approximately $584,000 per day and a firm duration of three years, exclusive of the mobilization period from DSME to the first drilling location in the Eastern Mediterranean. The dual BOP stacks, enhanced offline capabilities, 12,000-ft water depth/40,000-ft drill depth ratings and the increased mobility will add flexibility to Noble Energy’s global exploration program. The rig’s advanced capabilities are sufficient to reach the deep oil target in the Eastern Mediterranean, which will be the first exploration prospect drilled.

Atwood Oceanics currently owns 11 mobile offshore drilling units and is constructing two ultra-deepwater drillships and two high-specification jackups for deliveries in 2012, 2013 and 2014.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 15 September 2014

    US Treasury announces expanded sanctions with Russian companies

    US Treasury Secretary Jacob J. Lew has announced that persons operating within Russia’s defense and related materiel sector may now be subject to targeted sanctions…

  • 11 September 2014

    Cameron elects Scott Rowe as President and COO

    Scott Rowe will assume the newly created position of President and COO of Cameron, effective 1 October 2014. In his new role, he will report directly to Jack Moore, Chairman and CEO of the company...

  • 11 September 2014

    Statoil, GE and Ferus Natural Gas Fuels expand flare gas solution in Bakken

    A joint venture of GE and Ferus Natural Gas Fuels (Ferus NGF), along with Statoil plan to expand a pilot project to capture flare gas and use it to power up to six...

  • 10 September 2014

    6 elements of successful collaboration among NOCs, IOCs, service companies

    The oil and gas landscape is shifting, with the continuing growth of NOCs and the industry going toward unconventional resources and new frontiers…

  • 09 September 2014

    PTTEP: NOCs, IOCs and service companies must combine strengths to overcome challenges

    As assets become more mature and operations become more complex, industry is challenged with finding economical and environmentally friendly operating strategies...

  • Read more news