ADVERTISEMENT


Hercules Offshore

Hercules Offshore has signed a 5-year contract with a subsidiary of Eni for the use of its Hercules 260 jackup rig offshore West Africa. The day rate will range from a minimum of USD 75,000 per day when Brent crude falls below USD 86/bbl to a maximum of USD 125,000 per day when Brent crude exceeds USD 125/bbl. The contract began in April.


STAY CONNECTED

Don't miss out on the latest technology delivered to your email weekly.  Sign up for the JPT newsletter.  If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.

 

ADVERTISEMENT