Awilco Offshore ASA has signed a contract for a drilling package for a semi-submersible drilling rig with National Oilwell Norway AS. This is the fourth drilling package AWO has ordered. AWO has three semi-submersible drilling rigs under construction at Yantai Raffles Shipyard in China, and an option for a fourth rig. The option for the fourth rig can be exercised until November 2008.
This fourth drilling package is an upgraded version compared to the three drilling packages the company already has ordered. The total contract value for this drilling package is US $197 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,