Saudi Aramco awards new contract extensions to four Ensco jackups
2014 has been a busy year in terms of rig contracting for Saudi Arabian NOC ‘Saudi Aramco’ as the operator continues to contract units to meet its future rig requirements. Following on from the three year contract extensions awarded to Rowan Companies (“Rowan”) Hank Boswell, Scooter Yeargain and Rowan Mississippi jackups in September 2014, Saudi Aramco has awarded similar extensions to four Ensco Plc (“Ensco”) jackups in October 2014. In its latest fleet report Ensco announced that the ENSCO 76, ENSCO 84, ENSCO 96 and ENSCO 97 have all been awarded new three year contract extensions with the NOC at higher rates than their existing contracts. With these four new contract extensions the NOC has a minimum of 25 rigs contracted beyond the end of 2016, all of which are jackups.