Cobalt Announces Execution of a Drilling Rig Contract for Block 21 Offshore Angola


Cobalt announced execution of a Drilling Rig Contract with Diamond Offshore Drilling Inc. for use of the Ocean Confidence drilling rig.

Cobalt plans to use this rig to drill the first two wells on Block 21 in the deepwater offshore Angola. Cobalt has an option to drill up to two additional wells. The Ocean Confidence rig has a base operating rate of $360,000 per day. Cobalt anticipates the rig to be mobilized to Angola in the first quarter, 2011, depending upon when the current operator of the rig concludes its drilling operations.

Cobalt’s Chairman and Chief Executive Officer, Joseph H. Bryant, said “The execution of the Ocean Confidence Rig Contract is an important step in advancing our exploration program in the deepwater offshore Angola. We worked closely with Sonangol and the Block 21/09 contractor group to design a drilling program according to acceptable safety standards.”

Source: Cobaltintl, November  15, 2010;

Share this article

Follow Offshore Energy Today

Events>

<< Apr 2015 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

OTC 2015

OTC is the best event to gain technical knowledge and make valuable contacts. OTC is brought to you by technical societies that cover all…

read more >

2015 International Conference on Oil & Gas Pipeline and Line Pipes

In recent years, the construction and operation technology in high grade, large diameter and long distance natural gas pipelines and…

read more >

5th Colombia Oil & Gas Conference & Exhibition

5th Colombia Oil & Gas Conference & Exhibition, the leading international event in Colombia’s oil & gas industry…

read more >

Global Offshore Technology 2015

The conference and exhibition was held under the auspices of The Ministry of Energy, Commerce, Industry & Tourism Cyprus and united…

read more >

Jobs>

Electrician

For one of our clients we are looking for a Ships Electrician. Our client is a company with worldwide activities. You will work in a rotation of 4 till 6 weeks on and off.

apply

Assistant Driller

Maersk Drilling Norge AS was established in 1990 and employs a staff of approximately 1000 people.

apply

QC Coordinator Offshore

Do you attach great importance to quality and do you have an affinity with offshore projects? Then read about what Van Oord can offer you.

apply