Premier Option for the Provision of WilPhoenix Exercised

awilco drilling

Premier Option for the Provision of WilPhoenix Exercised

 

Premier Oil UK Limited has exercised its option to extend the term of its drilling contract with Awilco Drilling PLC. This option is for a period of approximately 70 days commencing in March 2014 and has an estimated additional contract value of USD 22 million.

WilPhoenix is one of Awilco Drilling’s two Enhanced Pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,200 ft.


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Posted by on April 1, 2013. Filed under All news, Business, Company News, Dredging News, Latest news, UK. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.