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>

<< 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

16th MOSCOW INTERNATIONAL OIL AND GAS EXHIBITION

The Moscow International Oil & Gas Exhibition display products like oil and gas products, oil and gas services…

read more >

Beijing International Offshore Oil & Gas Exhibition (ciooe) 2019

Beijing International Offshore Oil & Gas Exhibition (ciooe), is a regular gathering in oil & gas industry…

read more >

Lebanon International Oil & Gas Summit 2019

LIOG 2019 will delve further into the opportunities that are present in Lebanon’s energy sector…

read more >

Atyrau Oil & Gas 2019

The event program is dedicated to the most topical issues of search, exploration, development of hydrocarbons…

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

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