Petrofac has postponed the start of the plug & abandonment program on Rubie and Renee fields within the UK North Sea. As a consequence, Awilco Drilling’s rig, employed for the marketing campaign, has been placed on standby price.

WilPhoenix rig by Ronnie Robertson

Awilco signed a letter of intent with Petrofac for the availability of WilPhoenix rig in help of a three-well plug & abandonment program in late January 2020.

Awilco and Petrofac firmed up the contract in early March.

In an replace on Monday, Awilco mentioned that the 2 corporations had agreed to delay the start of this system on Rubie and Renee till 25 May 2020.

The WilPhoenix might be on standby price for the interval of the delay, Awilco added.

The program has an estimated period of 100 days. The contract worth is estimated at $13.eight million.

WilPhoenix is one in every of Awilco Drilling’s two enhanced pacesetter semi-submersibles and is supplied for drilling in water depths as much as 1,200 ft.

Awilco Drilling additionally has two newbuild rigs on the order of Moss CS60 ECO MW design geared up for drilling in harsh environments and unbiased choices for an extra two rigs of the identical design.

The publish Petrofac places Awilco rig on standby price appeared first on Offshore Energy.

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