Pemex breaks off jack-up rig contract

Mexican state-owned oil company Pemex has terminated a contract for the jack-up drilling rig Deep Driller 1 three months ahead of its original expiry. 

The jack-up rig’s owner is Deep Drilling 1 and it is managed by the offshore drilling contractor Aban Offshore.

Deep Drilling 1 said on Tuesday it received a notice from Pemex purporting to exercise its contractual rights to terminate the charter for the jack-up rig Deep Driller 1 effective June 1, 2016. Aban secured the contract for a firm period of 1005 days, starting in 3Q 2013 and ending in December 2015, in May 2013.

According to the rig’s owner, the termination comes approximately 3 months prior to its original expiry.

Deep Driller 1 is a Baker Marine Pacific Class 375 jack‐up rig built in 2006 by Sembcorp Marine’s PPL Shipyard in Singapore.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 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 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

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