Atwood Semisubs Win Apache Work in AU

Atwood Oceanics announced that one of its subsidiaries has been awarded two contracts by Apache Energy Ltd for work in Australia for the Atwood Eagle and the Atwood Falcon with durations of 18 months and 30 months, respectively. With these contracts, Atwood's total revenue backlog increases from approximately $990 million to $1.55 billion.

The Atwood Eagle is expected to commence its contract in July 2012 in direct continuation of its prior contract. The Atwood Falcon will undergo approximately 90 days of planned maintenance and contract preparation work prior to transiting to Australia to commence operations expected in May 2012. The firm contractual commitments for the Atwood Eagle and the Atwood Falcon are expected to extend to January 2014 and November 2014, respectively.

"We are very pleased to be providing deepwater drilling services to Apache with these two longer-term agreements," commented Rob Saltiel, Atwood President & CEO. "Atwood has been active in Australia for over 35 years, and we look forward to increasing our presence further in this growing and strategic market."

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Expertise: Electrical Technician
Location: Odessa, TX
United States Duncan MFG: Entry Level Electrical Assembler - Sr. Electrical
Expertise: Electrical Technician
Location: Duncan, OK
Static Equipment / LNG Tank Engineer
Expertise: Mechanical Engineering
Location: Houston, TX
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours