Northern Offshore Awarded Contract for Energy Exerter

Northern Offshore Ltd. announced that the Energy Exerter, a 300ft jackup drilling rig, was awarded a contract with a large international oil and gas company, subject to certain governmental approvals. The drilling contract is expected to begin in May, 2008 and run approximately 152 days. The estimated contract value is approximately US$ 40 million. The Energy Exerter is currently operating in the Danish Sector of the North Sea and is one of three rigs acquired by affiliates of Northern Offshore in 2007.

Marion Woolie, Northern Offshore president and CEO, said "This is a terrific opportunity for Northern Offshore and we are extremely pleased to have been chosen for this important project."

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Manufacturing Production Technician I
Expertise: Fabrication|Mechanic|Welding
Location: Carencro
 
Wellhead Design Engineer
Expertise: Design Engineer
Location: Houston, TX
 
Multi-skill Technician-Geismar, LA
Expertise: Maintenance Technician
Location: Geismar, LA
 
search for more jobs

Brent Crude Oil : $59.02/BBL 3.79%
Light Crude Oil : $52.22/BBL 3.07%
Natural Gas : $2.92/MMBtu 1.31%
Updated in last 24 hours