Awilco and BP Firm Up WilPioneer Contract

Awilco Offshore has signed the drilling contract with BP Norge, on behalf of the Skarv License partners, for its first semisub, WilPioneer. This contract confirms the Letter of Intent previously entered into between the two companies.

The contract is based on the firm drilling program at Skarv for 16-18 wells, with an estimated duration of 3 years. The total contract value for this period is approximately US $330 million, plus mobilization costs. BP has options to increase the contract length with maximum 2 years.

The commencement window under the drilling contract is during the first half of 2009. WilPioneer is under construction at Yantai Raffles Shipyard in China.

Awilco Offshore is pleased to have BP and the Skarv Production License partners as our customers.

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 : $51.46/BBL 0.61%
Light Crude Oil : $50.52/BBL 0.64%
Natural Gas : $2.83/MMBtu 5.35%
Updated in last 24 hours