Atwood, Mubadala extend contract

OE Staff
Wednesday, October 28, 2015

Houston-based Atwood Oceanics, announced that one of its subsidiaries had agreed to a nine-month extension and rate adjustment to its existing contract with Southeast Asia's Mubadala Petroleum for the ultra premium jackup, the Atwood Orca, effective 1 November, 2015. 

The Atwood Orca commenced its drilling services contract with Mubadala Petroleum for operations offshore Thailand on 29 April 2013. The extension continues the drilling services until the new contract end date of 28 October 2016.  Additionally, the agreement adjusts the operating day rate to approximately US$85,000 from 1 November 2015 until the new contract end date.

Atwood Oceanics currently owns 11 mobile offshore drilling units and is constructing two ultra deepwater drillships.  

Categories: Energy Drilling Activity Asia Rigs Jackup

Related Stories

Hai Long Offshore Wind Project in Taiwan Produces First Power

Hai Long Offshore Wind Project in Taiwan Produces First Power

Aquaterra Energy to Deliver Well Services Work for North Sea CCS Project

Aquaterra Energy to Deliver Well Services Work for North Sea CCS Project

TotalEnergies Books Noble Viking Drillship for Oceania Job

TotalEnergies Books Noble Viking Drillship for Oceania Job

Current News

TotalEnergies and Partners Sign PSC Extension for Deepwater Block off Angola

Reach Subsea’s New 24-Meter USV Ready for Commercial Deployment

DNO Quadruples North Sea Production with Sval Energi Acquisition

FourPhase Nets Shell Contract for its Caribbean Oil and Gas Platforms

Subscribe for OE Digital E‑News

Offshore Engineer Magazine