Freeport-McMoRan charters Rowan drillship

Rowan Companies plc announced that one of its subsidiaries has entered into a two-year drilling contract for the Rowan Relentless, the fourth and final drillship in Rowan’s current construction program.

The contract is with Freeport-McMoRan Oil & Gas LLC (“FM O&G”), a subsidiary of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), for operations in the U.S. Gulf of Mexico.

The contract is expected to start in the third quarter of 2015 and will add approximately $425 million to Rowan’s current contract backlog.

Tom Burke, Rowan’s President and Chief Executive Officer, stated, “We are extremely proud that our fourth drillship will work for FM O&G in the U.S. Gulf of Mexico. Our two companies have enjoyed a mutually beneficial and long-standing working relationship drilling ultra-deep Gulf of Mexico shelf gas wells, and we are delighted to have been selected for this important ultra-deepwater drilling program.”

The Rowan Relentless is the Company’s fourth ultra-deepwater drillship. All four drillships are based on a GustoMSC P10,000 hull design, capable of drilling wells to depths of 40,000 feet in water depths up to 12,000 feet.

The DP-3 compliant, dynamically positioned drillship will be equipped with retractable thrusters, two readily deployable seven-ram BOP systems, five mud pumps, dual mud systems and a maximum hook-load capacity of 1,250 tons. All four of the Company’s ultra-deepwater drillships are now under long-term contracts.

Press Release, June 09, 2014

 

 

Share this article

Follow Offshore Energy Today

Events>

<< Aug 2019 >>
MTWTFSS
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 31 1

Africa Oil & Power 2019

The Africa Oil & Power conference will bring together an elite class of ministers and senior-level government…

read more >

OWI LATAM 2019

Over the two-day conference, 25+ expert speakers will share exclusive insight on how to develop an integrity, production and P&A strategy…

read more >

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Argentina Oil and Gas Expo 2019

The Argentine Oil and Gas Institute (IAPG) organizes the Argentina Oil & Gas Expo bringing together the most…

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