Northern Offshore delays Rosneft rig deal

Offshore drilling contractor Northern Offshore has agreed to postpone a rig contract with Russian oil giant Rosneft.

In its announcement, Northern Offshore said that the contract for the Energy Endeavour jack-up rig would be delayed until May 2015.

The original agreement for the rig was signed in July. Under the deal, the contract would be for two and a half years and would cost Rosneft approximately $150 million.

Search for new client

While it said it would remain committed to the Rosneft deal, Northern Offshore added it would market the rig to other potential clients, once the rig’s current contract is complete.

The Energy Endeavour is currently operating for Wintershall, in the Dutch sector of the North Sea.

Northern Offshore did not reply to an e-mail sent by Offshore Energy Today, seeking more information into the reasons behind the rig contract delay.

Share this article

Follow Offshore Energy Today

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 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

Offshore Energy Exhibition and Conference (OEEC)

The three-day event features an exhibition where over 600 companies will showcase their products and services…

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 >

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Africa Oil & Power 2019

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

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