Saudi Aramco extends deal for jack-up rigs

30 April 2014

Rowan Companies will supply three vessels for a further 12 months

Saudi Aramco has extended the contract for three jack-up rigs operating on the oil major’s offshore oil fields with the US’ Rowan Companies.

One of the jack-up rigs has had its contract extended for 12 months at a day rate of $195,000, while the other two have been extended for the same period with a day rate of $180,000. The deal excludes mobilisation and capital expenditure fees.

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