Rowan secures drillship contract from Fieldwood Energy

Rowan secures drillship contract from Fieldwood Energy

Houston-based offshore driller Rowan Companies has been awarded a contract in the United States Gulf of Mexico by Fieldwood Energy for the deployment of the company’s drillship Rowan Reliance.

The contract is for a firm term of one year and includes three 90-day options, commencing from the first quarter of 2019. The Rowan Reliance is currently warm stacked offshore Louisiana in the US Gulf of Mexico.

“We are excited to continue our long-standing relationship with Fieldwood, a premier offshore operator, and look forward to a successful, long-term partnership with this major player in the Gulf of Mexico,” said Tom Burke, Rowan’s president and chief executive officer.

Additionally, Cantium has extended its previously announced contract for the company’s jackup rig Rowan EXL III in the US Gulf of Mexico by three months, while BP has extended its contract with the jackup rig Joe Douglas in Trinidad by one well with an expected duration of 76 days. The extension includes one additional two-well option at market rates.

Rowan operates a fleet of 25 offshore drilling units, and is currently in the middle of a $12bn combination with Ensco.

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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