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RECENT OFFSHORE RIG ACTIVITY NOTES SAMPLE
ConocoPhillips received approval from the Petroleum Safety Authority Norway to conduct P&A work at the Ekofisk 2/4B platform using the Rowan Norway (400' IC) jackup. P&A activities are expected to start in February 2016. The Rowan Norway has firm work with ConocoPhillips through July 2016. ConocoPhillips also has two options to extend their contract with the rig for a period of one year each.
Statoil extended the extension period for the Scarabeo 5 (deepwater semisub) from early March 2016 to early May 2016. The rig has been on standby since mid-August 2015 after wrapping up operations on the Kristen field. Statoil has the rig under contract through early July 2017.
Diamond Offshore has made the decision to actively market its jackup fleet for sale, with the exception of the Ocean Scepter (350' IC). The Ocean Summit (300' IC, 1972), Ocean King (300' IC, 1973) Ocean Nugget (300' IC, 1976), Ocean Spur (300' IC, 1981) and Ocean Titan (350' IC, 1974) are all currently cold stacked. Diamond says sales for these units are expected to occur within the next 12 months. As reported last month, the Ocean Titan is believed to have been purchased by Egyptian-based ADES and expected to be mobilized to Egypt.