Rosneft cancels jackup contract in Russian Arctic

Offshore staff

HOUSTON – North Atlantic Drilling Co. has received a cancellation notice for from Rosneft for use of Northern Offshore’s jackup Energy Endeavor.

The rig had been contracted as part of a multi-rig program to provide drilling services in the Russian Arctic starting in the 2015 summer drilling season.

Northern Offshore president and CEO Gary Casswell said: “While not unexpected, we are disappointed by this development but will nevertheless continue to pursue future opportunities in this region by leveraging our previous experience drilling in the Russian Arctic.”

03/25/2015 

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

Whitepapers

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...