Newbuild Atwood Achiever Mobilizes for Drilling Contract in North Africa

Atwood Oceanics, Inc. announced Wednesday the delivery of the Atwood Achiever (UDW drillship) from the Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) shipyard in South Korea. The Atwood Achiever has commenced the mobilization phase of its drilling services contract with Kosmos Energy and is expected to arrive in Northwest Africa in early December to conduct a three-year exploration drilling program.

Rob Saltiel, Atwood Oceanics president and CEO, commented, "We are very pleased to take delivery of the Atwood Achiever, the second of our four 'A-Class' ultra-deepwater drillships, from the DSME shipyard. We are eager to begin drilling operations for Kosmos and to demonstrate the extensive capabilities and efficiencies of this state-of-the-art drilling vessel."

Atwood Oceanics, Inc. is a leading offshore drilling contractor engaged in the drilling and completion of exploratory and developmental wells for the global oil and gas industry. The company currently owns 13 mobile offshore drilling units and is constructing two ultra-deepwater drillships. The company was founded in 1968 and is headquartered in Houston, Texas.

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