Rowan Companies sells two jackups for scrap

Rowan Companies sells two jackups for scrap

Houston: Offshore driller Rowan Companies has sold off two jackup rigs for scrap according to its latest drilling rig status report.

The two rigs, Rowan Alaska (built 1975) and Rowan Juneau (1977), were retired from service on July 1 and sale agreements have been signed with an expected closing before the end of the month.

On the contract front jackups Rowan Gorilla VII (built 2002), Rowan Middletown (built 1980), Charles Rowan (built 1981) and Arch Rowan (built 1981) were awarded extensions, while Rowan Gorilla IV (built 1986) was awarded a 90 day multiple-well contract and Joe Douglas (built 2011) was awarded a one-well contract estimated at 45 days.

Meanwhile Rowan Gorilla III (built 1984) will become available mid-August due to early termination of the contract.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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