Thursday, June 26, 2008

Offshore Resolute gets one full year with Vietnam's Thang Long

Scorpion jackup Offshore Resolute - courtesy KFELS

VUNG TAU, VIETNAM: Thang Long Joint Operating Co. extended the rig charter for Scorpion Offshore jackup Offshore Resolute by 161 days for a firm contract period of one year.

The rig was previously chartered to Thang Long at US$52 million for a firm duration of seven months. The extended charter will be subject to the same dayrate as well as terms and conditions.

The jackup is being mobilised from Brownsville, Texas, to its first location offshore Vietnam where it is expected to arrive on July 22. Drilling is expected to start in early August.

Offshore Resolute was delivered to Scorpion Offshore by Keppel AmFELS on April 25.

Filed from Singapore 6/25/2008 6:59:24 AM GMT