Houston-based BassDrill Ltd. is changing its name to Atlantica Tender Drilling Ltd. This change is part of a larger rebranding effort designed to reflect the growing strength of the company.
“Atlantica is the name given to an ancient continent that once connected parts of West Africa and Eastern South America, our primary marketing area,” said President, Kerry Kunz. “The new name is an essential move that reflects our position as an increasingly global provider of tender assist drilling vessels.”
The name change will have no impact on the way the company operates or its policies and procedures. Management will also remain the same.
“We pride ourselves on our ability to provide safe and cost-effective solutions to the offshore drilling market,” said Kunz. “That philosophy will not change as we continue to expand our operations.”
Backed by Norwegian private equity firm HitecVision, Atlantica continues to invest in the development of new offshore assets. With tender barge Alpha in operation, tender semi Beta deploying this fall, and two additional vessels already ordered, the company is quickly becoming a strong competitor in the tender-assist drilling market.
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