Deep Drilling 1: Jack-up trio bags 11 years worth of drilling contracts in UAE

Offshore Drilling company Deep Drilling 1, an affiliate of India’s Aban Offshore, has received a letter of award to deploy three offshore drilling rigs in the United Arab Emirates.

Illustration only: Image from Wikimedia Commons shared under CC BY-SA 3.0 license

In a statement on Thursday, the driller said the contracts were for three jack-up units owned by its affiliate company.

Two rigs have been hired on firm contracts of four years each. The third jack-up rig is for a firm period of three years and an optional period of two years.

According to Deep Drilling 1, based in Singapore, two jack-up rigs are expected to be deployed in the fourth quarter of 2018. The third jack-up rig will follow int he first quarter of 2019.

The driller did not provide any further info on the client nor on the dayrates secured for the rigs.

Thursday’s announcement follows a recent news that another Deep Drilling 1 affiliate has earlier in July won a contract with ONGC in India a firm period of two years. The rig is expected to be deployed in the fourth quarter of 2018.

Share this article

Follow Offshore Energy Today

Events>

<< Sep 2018 >>
MTWTFSS
27 28 29 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

4th Oil and Gas Tanzania 2018 Products & Eqpt. Exhibition in Africa

It is truly remarkable how East Africa, and specifically Tanzania has in a short period of time become the main…

read more >

SPE Asia Pacific Oil & Gas Conference and Exhibition 2018

As the energy industry adapts to a new status quo operating under sustained low oil prices, there continues to be a need for the industry…

read more >

RIO OIL & GAS 2018

The leading oil and gas event in Latin America is organized every two years by the Brazilian Petroleum, Gas and Biofuels Institute (IBP)…

read more >

FPSO World Congress 2018

This year’s FPSO World Congress will tap on this green shoots of recovery and will focus on practical strategies to address key project…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply