Expro to Supply IRS Offshore Mauritania
Oilfield services company Expro said it has been awarded a contract by Pacific Drilling subsidiary Pacific Santa Ana for the provision of an Intervention Riser System (IRS) for PETRONAS’s Chinguetti Field Phase II plug and abandonment (P&A) contract, offshore Mauritania.The contract, valued at $20 million, will see Expro provide its IRS system with associated surface support equipment, to be deployed from Pacific Drilling’s drillship, Pacific Santa Ana. The contracted work will take place for an estimated 360 days.Worldwide Oilfield Machine (WOM) will support Expro with the provision
Pacific Drilling Goes Digital with Oceaneering
An industry-first partnership aims to enable better, more reliable connectivity on board offshore drilling rigs, marking a key step for the implementation of new and expanded digital services.Oceaneering International and Pacific Drilling announced Monday that they have entered into a five-year Digital Services Package agreement to provide Pacific’s customers with better reliability and improved throughput enabling streaming video and real-time data. Better, more reliable onboard connectivity will allow customers to leverage data to make better decisions, faster, the companies say. As a
Pacific Drilling Releases Fleet Status Report & Revenue Guidance
Pacific Drilling says that the latest in its fleet of 5 of new ultra-deepwater drillships is in service. Two additional drillships are under construction at Samsung Heavy Industries for delivery in 2014, and an eighth rig is under construction for delivery in March 2015. The report also includes a summary of historical operating fleet average revenue efficiency, as well as the company’s expectations for first quarter 2014 and full year 2014 operating fleet average revenue efficiency as follows: About Pacific Drilling Pacific Drilling is a fast growing company that
Pacific Drilling Keeps on Drilling
None of Pacific Drillings ultra-deepwater drillships are affected by a recent BSEE safety alert. Concerning the recent U.S. Bureau of Safety and Environmental Enforcement (BSEE) safety alert regarding GE connectors and bolts, the company reports that none of Pacific Drilling’s rigs are covered by the directive to suspend operations. However, Pacific Drilling is proactively inspecting the Vetco ExF H-4 LMRP connector bolts on each of its rigs as operations allow. The company has the necessary spare bolts&nbs
SHI to Build Eighth Drillship for Pacific Drilling
Pacific Drilling exercises contract option for Samsung Heavy Industries to construct another Ultra-Deepwater Drillship. The drillship will have a rated water depth of 12,000 feet, be equipped for 40,000 feet drilling depth, have accommodation for 200 personnel and be equipped to support dual gradient drilling. The total cost, excluding capitalized interest, will be approximately $620 million and delivery is scheduled for March 16, 2015. Financing for the construction of this rig is expected to be provided by a combination of cash flows from ongoing operations and long-term debt. “We are
Pacific Drilling Extends Utra-Deepwater Drillship Option
Pacific Drilling S.A. agrees with Samsung Heavy Industries to extend an option to construct an eighth ultra-deepwater drillship. The contractual option has been extended until January 18, 2013, on the same commercial terms, including delivery scheduled for the first quarter of 2015. Pacific Drilling says it is a fast growing company that is committed to becoming the industry’s preferred ultra-deepwater drilling contractor. Their fleet of seven ultra-deepwater drillships will represent one of the youngest and most technologically advanced fleets in the world. The company currently operates
February 2024
