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>

<< Feb 2020 >>
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 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

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