Greater ChinaOffshore

Northern Offshore secures drilling contract from Smart Oil Investment

Northern Offshore, a drilling unit of Shandong Offshore International, has won a contract from Sinogeo’s Smart Oil Investment for drilling services in the Bohai Sea through a tender process.

Under the contract, Northern Offshore will provide its newbuild jackup drilling rig Energy Engager or recently purchased jackup rig GSP Magellan to drill three wells at a block operated by CNOOC.

The total value of the contract is RMB164m ($25.4m).

Northern Offshore owns a fleet of five jackup rigs with another two newbuild rigs set to be delivered by Cosco Dalian Shipyard this year.

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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