
Houston-headquartered Atlantica Tender Drilling has had an option exercised by Petrobras for 2013-built tender drilling rig Beta .
Petrobras has extended the rig by 180 days, bring the current contract from September 2019 through to March 2020.
Founded in 2007, Atlantica has two semi-tender units in its fleet. Last month, it signed a letter of intent to merge with Singapore’s Energy Drilling. The merger will create the world’s second largest tender drilling contractor with five rigs, representing 17% of the tender drilling market.