Trump Seeks Sanctions On European Subsea Gas Pipeline
By Andrea Shalal (Reuters) – The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and...
Atwood Oceanics, Inc. (NYSE: ATW) announced today that one of its subsidiaries has been awarded a contract by CEC International, Ltd. for the jack-up rig Atwood Manta which is currently under construction at PPL Shipyard PTE in Singapore.
The day rate for the work in the Gulf of Thailand and offshore Malaysia will be $145,000 and the award is for a firm duration of 12 months. The Atwood Manta is a Paciï¬c Class 400 design, classed by ABS, and will have a rated water depth of 400 feet, accommodation for 150 personnel, and significant offline handling features.
Contract commencement is expected in December 2012 in direct continuation of shipyard delivery, currently anticipated to be late November 2012.
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