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Contract Extension for "HAKURYU-10" and "HAKURYU-12"

Source: www.gulfoilandgas.com 7/26/2019, Location: Middle East

Jack-up drilling rigs "HAKURYU-10" and "HAKURYU-12", both operated by JDC's subsidiary company "Japan Drilling (Netherlands) B.V." at Al-Shaheen Oil Field, offshore Qatar, have been awarded a one-year contract extension as the first option by North Oil Company (NOC) under the 2 years firm + 2 x 1 year options contract respectively with 1 year option outstanding. 1 year contract extension will commence in direct continuation of the 2 years firm period.

Extension term
HAKURYU-12 :One year from 13th September 2019
HAKURYU-10 :One year from 12th February 2020


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