Tuesday, March 24, 2009

Fresh contracts

Energy Current: PEMEX charters Rowan Gorilla IV
"HOUSTON: Rowan Companies has obtained a 785-day contract with Petroleos Mexicanos (PEMEX) for jackup Rowan Gorilla IV. Work offshore Mexico is expected to begin in the second quarter of 2009.

The contract is expected to provide around US$124 million of drilling revenues. "


DR ~$155 000. The dr is 25% below that of the last contract.

Upstream: StatoilHydro opts for Safe Scandinavia
"StatoilHydro has lined up Prosafe's Safe Scandinavia accommodation support rig for operations at the Snorre A platform in the Norwegian sector of the North Sea.

In a statement, Prosafe said it had been awarded a letter of intent (LoI), which is subject to approval by the Snorre licence partners.

The contract linked to the LoI has two firm durations, six months starting in early May next year and six months starting in early April 2011.

StatoilHydro has the option to replace the two firm periods with a continuous 17-month contract starting in May next year. The option must be exercised before January 2010, and is subject to vessel availability. "


DR $250k or $200k. Safe Scandinavia's current dr is $220 000.

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