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Equinor locks in deep-water drilling rig for at least three years - Upstream Online

Upstream Online · last updated

Equinor locks in deep-water drilling rig for at least three years | Upstream Online

Norwegian energy giant Equinor has finalised its arrangements to retain the deep-water drilling rig Deepsea Atlantic for at least another three years at a cost of about $290 million.

The arrangements finalise two letters of intent signed with Odfjell Drilling in late March this year, and provide for a combined firm duration of 23 months plus four priced one-well options...

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