Ocean Rig and ExxonMobil Contract Signed

Ocean Rig ASA has now concluded a drilling contract agreement with Esso Exploration Inc., a subsidiary of ExxonMobil Corporation for exploration drilling in the Orphan Basin offshore Newfoundland, Canada with potential reassignment to the US Gulf of Mexico, the United Kingdom or offshore Norway. The contract is for a two-year firm term and will commence in direct continuation from the current contract with Statoil. This is anticipated to be during the early part of 2006.

Ocean Rig owns and operates two of the world’s largest and most modern drilling rigs, built for ultra deep waters and extreme weather conditions. The units are currently operating offshore Angola and Norway.

More offshore rig information in RigLogix. RigLogix, the newest service from Rigzone, is a premium data service providing you with instant access to comprehensive offshore rig data covering the entire global fleet. Our experienced data analysts have been tracking the offshore rig fleet globally since 1990 ensuring that RigLogix not only provides historical data going back 15+ years but that the data is of the highest quality.
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 www.riglogix.com.