Gulf Oil and Gas accountACCOUNT

Azinor Signs LOI with Transocean for Leader Rig to Appraise Agar

Source: www.gulfoilandgas.com 5/22/2018, Location: Europe

Share |
Azinor Catalyst Limited, the Seacrest Capital Group-backed E&P Company focused on the UK Continental Shelf, is pleased to announce that it has signed a Letter of Intent (“LOI”) with US listed drilling company, Transocean. The Transocean Leader, a semisubmersible, will be provisioned to drill a well to appraise the company’s Agar – Plantain opportunity.

Catalyst is currently in the advanced stages of planning and preparation for the well which, subject to the receipt of required regulatory approvals, is scheduled to spud in Q3 2018.

The Agar – Plantain Opportunity
Located in the South Viking Graben, Agar – Plantain is c.12 km east of Apache’s Beryl field and c.14 km west of Aker BP’s Alvheim hub. Drilling of the Agar appraisal well is expected to take approximately 35 days and includes a sidetrack to test the Plantain Prospect.

Nick Terrell, Managing Director of Azinor Catalyst, commented:
< “We are very pleased to have taken this important step towards drilling Agar – Plantain. Signing this LOI provides the company with a window of exclusivity to finalise contractual details with Transocean while at the same time securing a rig slot in what is becoming an increasingly busy drilling season in the North Sea.”

Rigs >>

Rigs News in United Kingdom >>

Norway >>  10/12/2018 - Maersk Drilling AS and the Maersk Intrepid rig have been awarded a 5-month contract for operational support on the Martin Linge field. Two extension o...
East Timor >>  10/10/2018 - Maersk Drilling signs on semi-submersible rig Maersk Deliverer with Eni for exploration well offshore Timor-Leste. ...

United States >>  10/10/2018 - Rowan Companies plc (RDC) has concluded the sale of two LeTourneau TARZAN Class jack-up rigs, the Scooter Yeargain and the Hank Boswell, to ARO Drilli...
Nigeria >>  10/8/2018 - Sirius Petroleum, the Nigeria-focused oil and gas development and production company, announces that it has decided, by mutual agreement with COSL, to...

Italy >>  10/5/2018 - Shelf Drilling, Ltd. announced that one of its subsidiaries has secured a two-year contract for the Key Singapore with Eni S.p.A for operations in the...
United Kingdom >>  10/4/2018 - Further to our press releases of 18 and 30 May 2018, Awilco Drilling PLC is pleased to confirm that a contract amendment has now been signed with Shel...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


United Kingdom Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 |

More News

 

Oil & Gas Companies in United Kingdom >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.