Image courtesy Ocean Rig
Deepwater drilling contractor Ocean Rig UDW Inc. (NASDAQ: ORIG) has announced that its semi-submersible rig, the Eirik Raude, was chosen by an undisclosed oil major for a one-well drilling campaign off the coast of Ireland.
The contract, worth upwards of $112 million, will commence in Q2 2013 and will last for approximately 6 months.
The Eirik Raude is currently wrapping up a drilling campaign in Blocks 8 & 9 off Liberia for African Petroleum.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 109,002 members that receive our newsletter.
Have a news tip? Let us know.
Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday, as it seeks to arrest an 83% slump in its share price since its 2021 peak.
The developer behind New Jersey’s first offshore wind farm plans to continue the project despite Shell’s withdrawal from the project. Shell on Thursday announced its exit from the Atlantic Shores...
Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders.
Maritime and offshore news trusted by our 109,002 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
