Stena Clyde (Australia) Pty Ltd have decided to remove the Stena Clyde from active service and retire the rig from the Stena Drilling fleet.
The rig has been warm stacked in Australia for the past three years and is presently in Singapore. Although there has been some recent interest in operating the rig in the region, these opportunities have not materialised to the extent necessary to continue supporting the rig.
Stena signed a contract in February with Timor Sea Oil & Gas Australia for the Stena Clyde drilling rig for a campaign that was supposed to start around April or May this year.
Since 1996, when the rig entered the Stena Drilling fleet, she has delivered high performance operations, starting in the North Sea before making her way to Asia and Australia.
The Stena Clyde will be put up for sale.
The Stena Clyde is a semi-submersible, twin pontoon, column stabilized drilling unit of an Aker H3 design built. The vessel has been modified with an additional six stability columns to provide adequate operating deck load for operations in 1,640ft water depths. It was built by Rauma Rupola in 1976 and modified in 1985 and 1997.