Awilco Offshore through
Premium Drilling has
entered into a Contract
with Premier Oil Vietnam
Offshore BV (�Premier�)
for the jack-up drilling
rig, WilBoss. The
contract with Premier is
for 6 months operation
offshore Vietnam. If the
firm contract period is
increased to 12 months
prior to commencement,
Premier will be given an
option for a further 12
month period.
The firm contract value
for 6 months is
approximately USD 40
mill. The contract is to
commence during the
first quarter 2008.
WilBoss is under
construction at
KeppelFELS Shipyard in
Singapore and is
scheduled for delivery
at the end of the fourth
quarter 2007. WilBoss is
Awilco Offshore�s fourth
jack-up newbuilding and
is equipped for high
pressure/ high
temperature drilling in
water depths up to
400ft.
For further
information, please
contact:
Henrik Fougner, Managing
Director
Telephone: +47 22 01 43
00
Awilco Offshore has
invested in eight
jack-up drilling rigs
(of which five are under
construction), three
semi submersible
drilling rigs under
construction and two
accommodation units in
operation. The company
also holds one option
for the construction of
one further semi
submersible drilling
rig.
