Scorpion Offshore has received a letter of commitment from RAK Petroleum Oman Limited for the Offshore Courageous. The RAK contract will start after the Offshore Courageous completes its program with Cairn in India. The LOC is for 200 days and the estimated contract value to Scorpion is approximately US $41 million, including US $3 million in mobilization and demobilization fees. It is anticipated that a contract with RAK will be signed within 2 weeks.
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