Neptune Marine Awarded LOI for Neptune Discoverer

Neptune Discoverer
(Click to Enlarge)
Neptune Marine has signed a Letter of Intent with an Operator for the drillship Neptune Discoverer for operations in the North Atlantic Region. The firm contract period is for 180 days commencing July 1, 2007 after its current drilling program in Vietnam and certain upgrading of the rig.

The Operator has an option to increase the contract duration to 445 days by November 1, 2006. The contract value for the 180 days period is US $162.3 million and the contract value for the 445 days period is US $237.3 million.

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
Well Monitoring Specialist
Expertise: WellSite Supervisor
Location: Houston, TX
Chief Mechanic (6th Gen Drillship)(Contract)
Expertise: Rig Mechanic
Location: Houma, LA
ET (Deepwater Drillship)
Expertise: Rig Electrician
Location: Houma, LA
search for more jobs

Brent Crude Oil : $49.98/BBL 1.59%
Light Crude Oil : $49.18/BBL 1.56%
Natural Gas : $2.73/MMBtu 1.44%
Updated in last 24 hours