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RECENT OFFSHORE RIG ACTIVITY NOTES SAMPLE
Transocean DW semi Jack Bates (6000') is mobilizing to start its charter at ONGC for about three years. The rig recently completed a contract at Inpex Australia. Jack Bates is next available in end-2018.
Perisai Petroleum has responded to the Malaysian Stock Exchange's request for information that its wholly-owned subsidiary Perisai Capital, is insolvent and will not be able to meet the payment of the principal and interest of the S$125 million Notes issued (approximately $90 million). Among other outstanding loans, as at September 30, 2016 is the term loan facility of $155.3 million and bank guarantee facility of $4.07 million for the company Perisai Pacific 101 (400' IC). Pending further mutually agreeable restructuring of loan arrangements, Perisai may regain a solvency status. Perisai Pacific 101 (400' IC) is scheduled to start a charter at Vestigo Petroleum-operated Tembikai-Chenang Cluster small field Risk Service Contract shortly.
EnQuest will imminently conclude its contract with MDW semi Stena Spey (1,500') in the UK North Sea and it will be moved to Invergordon this weekend to be warm stacked. The rig has no follow-on commitments in place and is available for hire. The operator has had the 1983-built unit on hire since early 2012.