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Rowan drillship wins more time with Exxon for Gulf of Mexico work

Published 12/03/2018, 11:53 AM
Updated 12/03/2018, 11:53 AM
© Reuters.  Rowan drillship wins more time with Exxon for Gulf of Mexico work
  • Rowan Cos. (RDC -0.8%) says Exxon Mobil (XOM +1.2%) has exercised the first two options for its Rowan Relentless drillship for work in the Gulf of Mexico.
  • XOM is taking the drillship for an additional 60 days of work after being under contract since September 2018; two one-well options remain for the rig.
  • The Rowan Relentless is an ultra-deepwater drillship built in 2015 capable of drilling wells to depths of 40K ft. in waters of as much as 12K ft.
  • Now read: Rowan 'Optimizes' Active Drillships


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