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Home›Business & Finance›Stena nabs more work for Stena IceMAX drillship
Business & Finance

May 29, 2019 · about 7 years ago

Stena nabs more work for Stena IceMAX drillship

The driller has signed a deal with an undisclosed operator which should see the 6th generation rig deployed on a three-month long contract starting in the first quarter of 2020.

2 minutes read
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Offshore drilling firm Stena Drilling has found more work for its Stena IceMax drillship.

As shared by Bassoe Offshore on Tuesday, the driller has signed a deal with an undisclosed operator which should see the 6th generation rig deployed on an approximately three-month long contract starting in the first quarter of 2020.

Bassoe Analytics shows the contract might start mid-January 2020, and end in the last week of April.

Worth noting, Bassoe is not the only one reporting of the deal happening.

Maritime and offshore data website VesselsValue also shows the deal has been signed with an unnamed client but they place the start of the contract to January 1, 2020, ending on March 31, 2020.

Neither Bassoe nor VesselsValue have provided an estimate on the dayrate.

Offshore Energy Today has reached out to Stena Drilling, seeking more info on the reported rig deal.

Stena Drilling confirmed for Offshore Energy Today the contract had been signed, however, it did not provide further information, citing a confidentiality agreement with the client.

The Stena IceMAX is currently on a contract with CNOOC. The Chinese oil company is using the drillship for exploration offshore Ireland.

Prior to joining CNOOC this month, the drillship in February brought joy to ExxonMobil in Cyprus.

Namely, the U.S. oil and gas giant used the Stena IceMax drillship when it discovered the giant gas discovery at the Glaucus-1 well in the Mediterranean Sea.

Exxon, which owns a 60 percent stake in the Block 10, said that based on preliminary interpretation of the well data, the discovery could represent an in-place natural gas resource of approximately 5 trillion to 8 trillion cubic feet (142 billion to 227 billion cubic meters).

Offshore Energy Today Staff

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