rss icon Subscribe
desktop mobile

Awilco Drilling Signs Contract With Shell

Photo: Awilco Drilling

Aiswarya Lakshmi

Aberdeen-based Awilco Drilling said today that it had tied up a contract with Shell UK for the decommissioning of 18 wells.

"Awilco Drilling PLC is pleased to confirm that a contract has been signed with Shell UK Limited for the provision of WilPhoenix for a decommissioning program of 18 firm wells plus options totalling a further 8 wells," said a press release from the company.
The firm 18 well program has an estimated duration of 330 days and is scheduled to commence around 1 September 2018. The contract value for the firm term is estimated at USD 38.3 million.
WilPhoenix is one of Awilco Drilling's two Enhanced Pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,200 ft.
Awilco Drilling also has one new build rig on order of Moss CS60 ECO MW design equipped for drilling in harsh environments, and independent options for additional three rigs of the same design.

May 20, 2018

 

Contracts

Danaos Signs Sale-and-Leaseback Deal with EnTrust

Pic: Danaos Corporation

The provider of seaborne transportation services, Danaos Corporation has concluded a $150m

EemsWerken Concludes Radio Holland Contract

Image: Radio Holland Netherlands

Dutch shipping company Eemswerken (Werkendam) has concluded its service contracts with Radio

Japanese LNG Carriers Pact with Wärtsilä

Wärtsilä’s long-term service agreements play an important role in maintaining optimal performance for vessels of all kinds. Copyright: JERA/NYK

Finnish technology group Wärtsilä has signed long-term service agreements for four Japanese-owned

Energy

Solar Array Installed on Cargo Ship

Ship solar power array supplied by Eco Marine Power onboard MV Panamana

The marine renewable energy technology company Eco Marine Power (EMP) announced that its Aquarius

Saudi Aramco to Buy LNG from US

Image: Sempra Energy

Saudi Arabia’s state owned oil company Saudi Aramco will buy 5 million tons of liquid natural gas

U.S. Shale Oil Production to Grow 16%

Graph: Rystad Energy

United States shale operators are on track to increase oil production by 16 percent in 2019

Maritime Apps