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 

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