Ocean Rig secures drilling contract from Chariot

Ocean Rig secures drilling contract from Chariot

George Economou’s Ocean Rig has secured a contract from Chariot Oil and Gas for drillship  Ocean Rig Poseidon for works offshore Namibia.

The contract includes one firm well and one optional well.

Chariot expects to commence drilling of the first well in the fourth quarter.

“We are pleased to have secured the high performance Ocean Rig Poseidon drillship for the Prospect S well in Namibia. Operational plans are now well advanced for the first deepwater drilling in our Central Blocks licence in Q4 2018. We are continuing to take every advantage of the current historic low cost drilling environment as well as maximizing any further cost synergies by cooperating with other drilling operations in Namibia,” said Larry Bottomley, chief executive of Chariot.

Last week, Ocean Rig also secured a three-year service agreement from ConocoPhilips for semi-submersible drilling rig Leiv Eiriksson offshore Norway.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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