Ocean Rig adds LoI for one-well offshore Ireland

Offshore staff

NICOSIA, Cyprus – Ocean Rig UDW Inc. reports a letter of intent from a major operator for the Eirik Raude semisubmersible drilling rig to conduct a one-well program offshore Ireland.

The six-month estimated duration including mobilization and demobilization from its current West Africa location will cost about $112 million.

The work is scheduled to begin in 1Q 2013.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...