Atwood Oceanics sells Vicksburg jackup

OE Staff
Tuesday, October 8, 2013

Atwood Oceanics, Inc. has agreed to sell its standard jackup drilling unit, The Vicksburg, to Gulf Drilling International Ltd (Q.S.C.) for US$55.4 million.

The sale is expected to close in early 2014 following the completion of the unit's contract with CEC International, Ltd.

Rob Saltiel, Atwood Oceanics President and CEO, commented, "The sale of the Vicksburg supports our strategy of high-grading the quality and capability of our drilling rig fleet through newbuild construction and selective asset divestitures."

Categories: North America Rigs Jackup Activity

Related Stories

Canada Joins LNG Export Nations as First Cargo Sets Sail

Canada Joins LNG Export Nations as First Cargo Sets Sail

OPT Secures US Patent for Floating Marine Vehicle Charging System

OPT Secures US Patent for Floating Marine Vehicle Charging System

Shell Rules Out BP Acquisition, Bound by UK Regulations

Shell Rules Out BP Acquisition, Bound by UK Regulations

Current News

Exxon Mobil Discovers Natural Gas Reserve Offshore Cyprus

Ecopetrol Purchases Enel Wind Power Project for $50m

Gastech 2025 Technical & Commercial Conference to Accelerate Global Growth and Decarbonisation Through Energy Innovation

Rotra Futura RoRo Vessel Enters Offshore Wind Operations

Subscribe for OE Digital E‑News

Offshore Engineer Magazine