Contract for Offshore Vigilant Signed
Scorpion Offshore has signed the contract for its newbuild Offshore Vigilant with URDANETAGAZPROM-1, S.A. (Gazprom) for operations offshore Venezuela beginning in October 2008. The proposed contract will last a minimum of 11 months and will generate approximately US$ 74 million in revenue.
The Offshore Vigilant, the Company's fourth ultra-premium jackup, is currently under construction at Keppel AmFELS in Brownsville, Texas and will be delivered in August 2008.
- Seadrill's Mandatory Offer to Purchase All Scorpion Shares (Jul 15)
- Seadrill Increases Ownership in Scorpion Offshore (May 31)
- UPDATE: Ensco Ends Partial Offer for Scorpion Offshore (May 28)