Rowan drilling rig fleet status

In its fleet status report issued this week the company has said it is preparing the rig for cold stacking, meaning the rig will be idled, crew let go, and all the hatches welded, cutting the costs to a minimum. [pdf]

Wdi drilling rig fleet

White Fleet Drilling owns and owns and operates three jack-up drilling rigs capable of drilling in water depths of 12 to 400 feet, and the White Fleet team has drilled over 750 wells in the Gulf of Mexico over the past 20 years with a track record of excellence in safety and environmental performance. [pdf]

FAQS about Wdi drilling rig fleet

Why did White Fleet drilling acquire the WFD 400 rig?

Kalil Ackal, CEO of White Fleet Drilling, added, “The acquisition and refurbishment of the WFD 400 rig is a significant accomplishment for White Fleet Drilling and our partners. This rig increases the availability of jack-up rigs in the Gulf and will provide our customers with the flexibility and capacity they need.”

What types of rigs can be used for a well program?

Our diverse rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups is capable of meeting a wide spectrum of customers’ well program requirements.

Who is White Fleet drilling?

White Fleet Drilling owns and owns and operates three jack-up drilling rigs capable of drilling in water depths of 12 to 400 feet, and the White Fleet team has drilled over 750 wells in the Gulf of Mexico over the past 20 years with a track record of excellence in safety and environmental performance.

How will a WFD 400 upgrade affect the rig?

These upgrades will allow the rig to operate more efficiently, reducing downtime and improving overall safety. The WFD 400 will support drilling and development activities for Arena and plugging and abandonment operations for third-party operators in the Gulf for the next 15 to 20 years.

What makes our rig fleet unique?

Our rig fleet is among the most technologically advanced in the industry and our well-trained crews perform at the highest levels in the most challenging offshore environments.

Why did Arena & White Fleet invest in the WFD 400 rig?

Partnering with White Fleet to invest significant capital in refurbishing the WFD 400 rig is further testament to Arena and White Fleet’s long-term commitment to safe and sustainable operations on the Gulf of Mexico Shelf, and the rig represents hundreds of good-paying jobs for workers in rural communities all along the Gulf Coast.”

Alwilco drilling rig contract status

Awilco Drilling said Thursday that an arbitration tribunal had ruled in its favor in its second case against Singapore-based Keppel FELS over a rig contract termination. It lost the first in April 2023. Awilco Drilling in 2018 ordered a harsh environment semi-submersible drilling rig from Keppel FELS. [pdf]

FAQS about Alwilco drilling rig contract status

What happened between seatrium New Energy Limited and Awilco Rig 2?

Subsequently, an arbitration award was received in November 2023 for another arbitration between Seatrium New Energy Limited and Awilco Rig 2 Pte. Ltd. (“AR2”), a sister company of AR1, in respect of the contract executed in March 2019 for the construction of a repeat midwater semisubmersible drilling rig, B382.

When did Keppel FELS vs Awilco arbitrate?

In April 2023, the Court of Arbitration ruled in favor of Keppel FELS in the Nordic Spring arbitration on the basis of relevant evidence submitted by Keppel FELS and Awilco’s subsidiary Awilco Rig 1 (AR1), while in November the Court of Arbitration ruled in favor of Awilco’s subsidiary Awilco Rig 2 (AR2) in the Nordic Winter arbitration.

Does Awilco have a financial impact on seatrium new energy?

The US$57 million settlement will flow directly from Rigco to AR2. Hence, there is no financial impact nor working capital exposure to Seatrium New Energy or the Group. Awilco is said to have emptied its drilling fleet in June 2022 following the sale of its rigs.

What happened to Awilco & seatrium?

Awilco is said to have emptied its drilling fleet in June 2022 following the sale of its rigs. In contrast, Seatrium has already bagged a number of offshore contracts for floating production, storage and offloading (FPSO) units, semi-submersible FPUs, and a number of repair and conversion agreements.