USA: Atwood Falcon Wins Floater Rig of the Year Award from Shell

ATWOOD OCEANICS, INC. reported today the semisubmersible drilling rig Atwood Falcon, owned by an Atwood subsidiary, was awarded the “Floater Rig of the Year” by Shell recognizing it as the best performing floating rig for Shell worldwide in 2011.

Atwood President and CEO Rob Saltiel and Atwood Falcon Operations Manager Marty Knowles accepted the award on behalf of the entire Atwood Falcon team at Shell’s annual rig supplier engagement event in Houston on November 9, 2011. The Atwood Falcon has worked with Shell in the Philippines and Malaysia since 1998 with only brief periods of assignment to other operators.

Rob Saltiel commented, “We are extremely proud of the crews of the Atwood Falcon for their consistent delivery of safe and reliable drilling services and their responsiveness to Shell’s needs. This award exemplifies the value of our collaborative relationship with Shell in promoting a strong safety and performance culture on the Atwood Falcon.”

The Atwood Falcon is currently working in Malaysia for Shell on the Gumusut development. Upon completion of this drilling program, the rig will undergo approximately 90 days of planned maintenance and contract preparation work prior to transiting to Australia to commence drilling operations for another client.

Atwood Oceanics, Inc. is an international offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells. The company currently owns ten mobile offshore drilling units located in the United States Gulf of Mexico, South America, the Mediterranean Sea, West Africa, Southeast Asia and Australia, and is constructing an ultra-deepwater semisubmersible, two ultra-deepwater drillships and three high-specification jackups for deliveries in 2012, 2013 and 2014. The company was founded in 1968 and is headquartered in Houston, Texas. Atwood Oceanics, Inc.’s common stock is traded on the New York Stock Exchange under the symbol “ATW.”

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Offshore Energy Today Staff , November 17, 2011