Shell Inks Contract for Offshore Courageous

Scorpion Offshore Ltd., through its local Malaysian affiliate, signed a contract with Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited for the Offshore Courageous for operations offshore Malaysia.

The contract is for three years, plus one one year option, and provides for annual operating cost escalations. According to the LOI announced in April 2008, the contract will begin in January 2009. The firm contract is estimated to generate US $174 million in revenue.

The Offshore Courageous is currently offshore Oman performing its contract for RAK Petroleum through October 2008.

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
Technical Consultant - Enclosures
Expertise: Electrical Engineering|Mechanical Engineering
Location: Houston, TX
Construction Operator with CDL
Expertise: Heavy Machinery Operator|Laborer
Location: Sand Springs, OK
Shop Mechanic - Grand Prairie, TX
Expertise: Customer Service|Mechanic
Location: Grand Prairie, TX, TX
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours