CPOC, Hess Extend T-6 Contract (Malaysia)

CPOC Extends T-6 Contract (Malaysia)

Malaysia’s SapuraKencana today announced that it has, through its subsidiary, Tioman Drilling Company, secured a contract extension for the deployment to and utilisation for the self-erecting tender rig, the T-6.

Carigali-PTTEPI (CPOC) and Carigali Hess have decided to extend the T-6 Contract for a further duration of three months commencing from 21 April 2013 until 20 July 2013 at a dayrate of $99,000. The contract extension for the period is valued at approximately USD9.2 million.

The rig has been used by CPOC since 2007 for development drilling of various fields in Malaysia/Thailand Joint Develpment Aareas’s Block B-17, Gulf of Thailand.

T-6 is a purpose built barge-type self-erecting tender assisted drilling (TAD) rig with a flat bottom, raked stern and raked bow hull shape. The TAD rig is designed especially as a cost efficient and very flexible drilling system for development scenarios involved multiple well slots fixed offshore platforms whereby the rig moves from platform to platform using its own Drilling Equipment Set (D.E.S) which is lifted on by its own crane. Lifting operations can be made onto platforms up to a height of 90 feet above mean sea level.

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Offshore Energy Today Staff, October 17, 2012; Image: Seadrill