Malaysia: Icon Offshore Wins More Work for Jack-Up Drilling Rig

Bartolomej Tomic
Wednesday, September 29, 2021

Malaysia's Icon Offshore Berhad has said it has received a letter of award from a "Petroleum Arrangement Contractor (PAC)," exercising drilling contract extension options for a jack-up drilling rig.

The rig is owned by Icon offshore's subsidiary Perisai Offshore.

According to Icon Offshore, the PAC had on December 29, 2020, issued a letter of award to Perisai Offshore for the rig for a drilling program that started in mid-April 2021 for a duration of 180 days for eight wells, with extension options included. The deal included three contract extensions for up to 6 wells.

Icon said Tuesday that Perisai Offshore received a letter of award from the PAC, exercising two extension options for four offshore wells. The expected start-up is in October 2021 for a period of 120 days.

Worth noting, the terms of the contract are similar to the terms announced by Icon Offshore earlier this year when it said that the company awarding the drilling deal was Petrofac, and that the deal was for the Perisai Pacific 101 drilling rig. 

Given that Icon Offshore, through Persai Offshore, owns only one jack-up drilling rig, it is likely that the contract extensions announced Tuesday are with Petrofac. According to VesselsValue, the drilling rig is no longer named Perisai Pacific 101, but Icon Caren.

Icon Offshore, best known for its offshore support vessel services, acquired the offshore drilling rig last year.

Categories: Drilling Rigs Jack-ups Drilling Rigs

Related Stories

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Fugro Expands Geotechnical Testing Capabilities in Indonesia

BP Expands Oil and Gas Scope in Azerbaijan with New Projects and Exploration Rights

Valeura Concludes Eight-Well Drilling Campaign in Gulf of Thailand

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

Current News

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Subsea7 Secures Work at Black Sea Field off Türkiye

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

PXGEO Nets First Seismic Survey off Malaysia

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Norwegian Oil Investment Will Peak in '25

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com