Perisai delays jack-up delivery

Malaysian Drilling contractor Perisai Petroleum has put off the delivery date of a new jack-up rig it ordered in 2013.

The company said on Thursday it had agreed with PPL Shipyard Pte Ltd to delay the delivery date of the Perisai Pacific 102 rig to a date no later than March 31, 2016.

The original delivery date for the Perisai Pacific 102 was April 30, 2015.

Perisai did not provide the reasons behind the decision. However, the company might be taking after its larger peers, such as Transocean or Atwood Oceanics, who also announced rig delivery delays this year.

Namely, at the time of low oil prices, and the oversupply of rigs in the market, the drillers are having a hard time securing new contracts at commercially attractive terms, as the oil companies cut their spending.

In response, the drilling contractors opt for keeping the newbuilds in the shipyard, waiting for the market to recover.

Offshore Energy Today Staff

 

Share this article

Follow Offshore Energy Today

Posted on October 6, 2015

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 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 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

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 >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

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