Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/rowan-provides-fleet-contract-status-update-9.shtmlRowan provides fleet contract status updateRowan Companies plc announced that its monthly report of drilling rig status and contract information has
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Edit page New page Hide edit links Rowan Companies plc announced that its monthly report of drilling rig status and contract information has been updated as of April 23, 2014. Notable events in the current report include: Rowan Renaissance: Commenced a three-year drilling contract with Repsol on April 22, 2014 for operations offshore West Africa at an effective day rate of $619,000 during the first year. Rowan Mississippi: Saudi Aramco exercised its option to extend the primary term for one year in the Middle East at $195,000 per day commencing December 2014, above the previous base day rate of $170,000 after excluding the impact of mobilization and capex fees. Hank Boswell: Saudi Aramco exercised its option to extend the primary term for one year in the Middle East at $180,000 per day commencing August 2014, above the previous effective day rate of $128,000 |