Eni extends Atwood Beacon jackup rig contract

Offshore staff

HOUSTON – Atwood Oceanics Inc. (NYSE: ATW) has agreed to a six-month extension of its existing contract with Eni S.p.A. for the jackup rig, the Atwood Beacon.

The Atwood Beacon began a two-year drilling services contract with Eni on Dec. 24, 2013, for operations offshore Italy.

Effective March 1, 2015, the extension agreement revises the day rate to €117,155 ($129,228) from €135,100 ($149,022) and extends the Beacon’s firm commitment through June 2016.

07/08/2015

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

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

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 ...