Rowan announces contract with ConocoPhillips for the ‘Rowan Norway’

Source: press release, 10 January 2019

The ‘Rowan Norway’, an N-Class ultra-harsh environment jack-up rig
The ‘Rowan Norway’, an N-Class ultra-harsh environment jack-up rig (photo: Rowan Companies plc)

Rowan Companies plc has announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a contract in Norway by ConocoPhillips Skandinavia AS (COPSAS) for an estimated duration of seven months that is expected to commence in the second quarter of 2019.

The contract award is subject to partner approval. Following the initial contract term, COPSAS has two options. The first option has an estimated duration of 5 months and the second an estimated duration of 9 months. The Rowan Norway is currently under contract with Turkish Petroleum in the Mediterranean Sea until approximately late April 2019.

Rowan is a global provider of contract drilling services with a fleet of 25 mobile offshore drilling units, composed of 21 self-elevating jack-up rigs and four ultra-deepwater drillships. The Company’s fleet operates worldwide, including the United States Gulf of Mexico, the United Kingdom and Norwegian sectors of the North Sea, the Middle East, the Mediterranean Sea, and Trinidad.