Hyperdynamics takes Pacific Drilling drillship

Hyperdynamics takes Pacific Drilling drillship

Oil & gas exploration company Hyperdynamics has signed a letter of award with drilling contractor Pacific Drilling to employ the Pacific Bora drillship.

The drillship will be deployed for a drilling campaign offshore the Republic of Guinea in the second quarter of 2017. The contract allows Hyperdynamics to extend to include as many as three further follow-up wells at the same terms and conditions.

The Pacific Bora recently completed a long-term contract for a major American multinational energy company offshore Nigeria and it is expected to arrive shortly before the company’s target spud date for the Fatala 1 well.

The chartering rate of the drillship is $225,000 per day and the agreement is subject to a definitive contract being signed no later than November 29.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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