Emerald Driller jack-up rig; Source: Vantage Drilling

Offshore drilling contractor Vantage Drilling has secured extra work for 2 of its rigs working in Indonesia and Qatar.

According to Vantage’s fleet standing report from 17 September 2020, the Soehanah jack-up rig has received a 35-day properly plus mobilisation with a Mubadala Petroleum subsidiary, Pearl Oil (Sebuku) Ltd.

Vantage purchased the Soehanah rig and renamed it Pearl Driller again in 2019. The 2007-built rig is working in Indonesia.

Vantage has not revealed the day fee for the rig, however Bassoe Offshore estimates it to be round $80,000.

The gig is scheduled to start out in October and finish in November 2020, Bassoe stated.

Furthermore, Total has exercised a one-year extension for the jack-up rig Emerald Driller in Qatar.

The Emerald Driller has been working for Total for years now.

After awarding a two-year extension to the rig again in November 2017, Total in October 2019 exercised a one-year choice to the prevailing contract for the Emerald Driller.

This one-year possibility was scheduled to start out in direct continuation throughout 2Q 2020 and included a further possibility 12 months, which has now been exercised.

Posted: 10 months ago


Total adds another year to Vantage jack-up deal

Categories:

  • Business & Finance
Posted: 10 months in the past

Bassoe estimates that the rig’s day fee with Total is round $75,000. The extension begins in July 2021 and ends in July 2022, based on Bassoe.

The Emerald Driller rig, of a Baker Marine Pacific Class 375, was constructed by PPL Shipyard in 2008.

The submit Vantage Drilling secures extra jack-up rig work appeared first on Offshore Energy.

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