North Oil Company Awards JDC Jack-Up Rig for Al-Shaheen Operations

Source: www.gulfoilandgas.com 6/16/2021, Location: Middle East

Japan Drilling Co., Ltd. (JDC) has announced that its subsidiary Japan Drilling (Netherlands) B.V. has entered into a drilling contract with North Oil Company for the provision of jack-up drilling rig "HAKURYU-10".

The main terms of the drilling contract are as follows:

1. Company: North Oil Company

2. Operating Area: Al Shaheen Oilfield, offshore Qatar

3. Period of Contract: Three (3) years firm plus two (2) x one (1) year options

4. Estimated Commencement Time: 2Q 2022

5. Contract Type: Day Rate Contract

6. Contract Signing Date: June 15, 2022

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