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  • Rowan Reliance Awarded Contract by Fieldwood
    édité le 30/10/2018 - Plus de news de "Valaris" - Voir la fiche entreprise de "Valaris"


Rowan Reliance Awarded Contract by Fieldwood
Rowan Companies plc announced that the Rowan Reliance, an R-Class ultra-deepwater drillship, has been awarded a contract in the United States Gulf of Mexico by Fieldwood Energy LLC with a firm term of one year plus three 90-day options at then market rates. The contract is expected to commence the first quarter of 2019. The Rowan Reliance is currently warm stacked offshore Louisiana in the US Gulf of Mexico.

Tom Burke, Rowan's President and Chief Executive Officer, commented, "We are excited to continue our long-standing relationship with Fieldwood, a premier offshore operator, and look forward to a successful, long-term partnership with this major player in the Gulf of Mexico."

In addition, Cantium has extended its previously announced contract for the EXL III in the US Gulf of Mexico by three months. The firm term of this contract is now nine months followed by two six-month options with increasing day rates.

Finally, BP has extended its contract with the Joe Douglas in Trinidad by one well with an expected duration of 76 days. The extension includes one additional two-well option at then market rates.

About Rowan

Rowan (NYSE: RDC) is a global provider of contract drilling services with a fleet of 25 mobile offshore drilling units, composed of 21 self-elevating jack-up rigs and four ultra-deepwater drillships. The Company's fleet operates worldwide, including the United States Gulf of Mexico, the United Kingdom and Norwegian sectors of the North Sea, the Middle East, the Mediterranean Sea, and Trinidad. Additionally, the Company is a 50/50 partner in a joint venture with Saudi Aramco, entitled ARO Drilling, that owns a fleet of seven self-elevating jack-up rigs that operate in the Arabian Gulf. The Company's Class A Ordinary Shares are traded on the New York Stock Exchange under the symbol "RDC."

About Fieldwood Energy LLC

Based in Houston, Fieldwood Energy LLC is one of the largest oil and gas operators in the Gulf of Mexico.
Fieldwood is privately held and is founded on an unwavering commitment to safety and operational excellence.


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