Kosmos Energy Hires Newbuild Drillship ‘Atwood Achiever’

Kosmos Energy Ltd. (Kosmos) has signed a long-term rig agreement with a subsidiary of Atwood Oceanics, Inc. for the new build drillship Atwood Achiever. Currently under construction in South Korea, the rig is scheduled for completion in June of 2014 and expected to commence drilling operations in the second half of 2014.

The Atwood Achiever is a 6th generation ultra-deepwater, dynamically positioned drillship with enhanced offline capabilities and two BOP systems. The rig’s capabilities include drilling to total depths of up to 40,000 feet, and in water depths of up to 12,000 feet.

In addition to the Atwood Achiever rig, Kosmos is actively pursuing additional rig capacity for exploration drilling in the first quarter of 2014. Kosmos anticipates utilizing the added rig capacity to drill the Company’s initial exploration well offshore Morocco.

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Kosmos, June 10, 2013; Image: Atwood Oceanics