Norshore Begins Plug and Abandonment Work for ConocoPhillips Off Indonesia

Norway's drilling contractor Norshore reported Monday that the Norshore Atlantic multipurpose drilling vessel has commenced plug and abandonment work for ConocoPhillips offshore Indonesia early this month.

Work under the contract, signed in September, covers plug and abandonment of three wells, began Nov. 3.  

"The vessel is performing well. After the phase 1 work is completed, a 18.75 inch BOP (blowout preventer) will be installed on the Norshore Atlantic and thereafter phase 2 of the plug and abandonment work will continue," Norshore said in the press release.

Meanwhile, Norshore announced separately that it "has been having a challenging liquidity situation and has therefore been late in paying parts of the charter hire for Atlantic to the vessel owners for the month of October 2015, however, the liquidity situation has now improved and the payment will be made today Nov. 16."

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