Perisai Appoints Hercules to Operate, Manage 2 Jackups Now Being Built

Malaysia's upstream oil and gas service provider Perisai Petroleum Teknologi Bhd revealed Wednesday that it has appointed Hercules Offshore, Inc. as drilling operations and maintenance manager of Perisai Pacific 101 (400' ILC) and Perisai Pacific 102 (400' ILC) jackups, both of which are now under construction at PPL Shipyard in Singapore. 

Perisai’s wholly-owned unit Perisai Drilling Sdn Bhd entered into Management Agreements with Hercules Offshore Nov. 5 after the Malaysian firm and KCA Deutag mutually agreed to terminate a Master Services Agreement inked Nov. 16, 2012 for the latter's appointment as drilling operations and maintenance contractor of Perisai Pacific 101.

"The mutually agreed termination follows changing conditions and evolving circumstances affecting both parties. As such, the termination ceases both parties’ obligations and is without any liability subsisting on either party," Perisai said in an announcement on local stock exchange Bursa Malaysia.

Perisai said Perisai Pacific 101 is slated for completion and delivery in July 2014, while Perisai Pacific 102 will follow about a year later.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
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 www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Petrofac Suspends Group Chief Operatin... (May 25)
 -  EnQuest On Track For Kraken First Oil ... (May 25)
 -  Energean Signs Lease Agreement for Exp... (May 25)
 -  Seadrill CEO Praises Workforce (May 24)
 -  Serinus Shuts-In Sabria Field Due to S... (May 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
United States San Antonio/Elmendorf: Dispatcher
Expertise: Cementing
Location: Elmendorf, TX
 
Mudlogger - NE Region
Expertise: Mud Logging
Location: Pennsylvania, PA
 
Equipment Operator - San Antonio
Expertise: Coil Tubing|Driller|Production Operator
Location: San Antonio, TX
 
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours