Rowan offloads two jackups, stacks another

Rowan offloads two jackups, stacks another

Offshore driller Rowan Companies has sold jackup rigs Rowan Gorilla II and Rowan Gorilla III for scrap, retiring them from drilling services.

The company revealed the sales in its latest fleet status report, which also showed it has cold stacked 1983-built jack-up  Rowan California after it came off a contract in the Middle East.

Meanwhile, jackup rig Gilbert Rowe received a contract extension from Saudi Aramco at its current rate of $69,000 per day until March 31 while Rowan Gorilla IV secured a contract extension in Gulf of Mexico for 10 months at a day rate of $65,000.

In November 2016, Rowan Companies created a 50/50 drilling joint venture with Saudi Aramco to own, operate and manage offshore drilling rigs in Saudi Arabia.

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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