Thailand: Seadrill, Chevron Agree $132 Million Contract for T12 Tender Rig

 

Seadrill has agreed a new three-year contract with Chevron Thailand Exploration and Production offshore Thailand for the tender rig T12 with a two- year option period.

Estimated contract value is approximately US$132 million, and commencement of the assignment is scheduled for the second quarter this year, in direct continuation of the rig’s existing contractual obligations.

Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS says, “We are pleased to secure a new contract for one of our tender rigs in the South East Asia region. This contract demonstrates the attractiveness of our tender rig concept as T12 will be the fifth unit presently operating for Chevron. The tender rig concept uniquely combines flexibility and efficiency that allows us to better serve our clients.”

Source:Seadrill, February  21, 2011;

Share this article

Follow Offshore Energy Today

Events>

<< Apr 2020 >>
MTWTFSS
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 30 1 2 3

Navingo Career Event

The Navingo Career Event is Europe’s biggest career event for the maritime…

read more >

Offshore Technology Conference (OTC) 2020 Postponed

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 >

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