Masirah Oil Awards Drilling Rig Gig

Laxman Pai
Tuesday, November 5, 2019

Masirah Oil, an exploration and production company operating Block 50 offshore Oman, announced that it has awarded a drilling rig contract to Foresight Offshore Drilling Limited.

The jack-up Foresight Driller IX will be utilized for an appraisal well on the Yumna field in block 50 offshore Oman, said the joint entity owned by Petroci and Lime Petroleum.

The drilling rig contract will be effective for a minimum period of 30 days and is expected to commence in December 2019. Masirah Oil has an option to retain the rig for extended well testing and to drill additional wells.

The appraisal well will be drilled to determine the potential of the Yumna field.

Masirah Oil holds a 100 per cent interest in Block 50 Oman, said the release. Foresight Offshore Drilling currently operates a fleet of six jack-up rigs.

Categories: Drilling Contract Rig Drillship

Related Stories

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Vår Energi Strikes Oil in North Sea

Borr Drilling Nets Close to $160M in Fresh Contracts for Three Jack-Ups

Current News

DNV Awards Certificates for Fortescue’s Dual-fueled Ammonia-powered Vessel

Energy Storage on O&G Platforms - A Safety Boost, too?

Türkiye Aims to Drill for Oil Off Somali Coast Next Year

Prysmian Appoints New CEO

Subscribe for OE Digital E‑News