BHP Billiton Petroleum

BHP Billiton Petroleum chartered the semisubmersible, Atwood Falcon, from Atwood Oceanics for operations in Australia. The contract has a term of 330 days at a day rate of approximately USD 430,000. As part of this contract, BHP retains the right to further extend the contract for two option periods of approximately 120 days each, at the same day rate.


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