Pacific Drilling Extends Drillship Option (South Korea)

Pacific Drilling Extends Drillship Option (South Korea)

Pacific Drilling S.A. has reached an agreement with with South Korea’s shipbuilder Samsung Heavy Industries to extend an option to construct a seventh ultra-deepwater drillship until March 2, 2012, on the same commercial terms including a delivery date of May 17, 2014.

Pacific Drilling is a growing offshore drilling company that provides global drilling services to the oil and natural gas industry through the use of ultra-deepwater drillships. Pacific Drilling’s fleet of six ultra-deepwater drillships will represent one of the youngest and most technologically advanced fleets in the world. The company currently operates four recently delivered drillships and has two additional drillships on order at Samsung.

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Offshore Energy Today Staff, February 23, 2012; Image: Pacific Drilling