Good News for North Sea as Ensco Announces 8 New Contract Wins

Graphic for News Item: Good News for North Sea as Ensco Announces 8 New Contract Wins

Ensco Drilling has been awarded a series of global drilling contracts. The companies Semisubmersible’s, ENSCO 8503 and ENSCO DPS-1 have both been awarded new contracts.

ENSCO 8503 was awarded a four well contract in the U.S. Gulf of Mexico that is expected to keep the rig working into third quarter 2019.

ENSCO DPS-1 was awarded a two-well contract offshore Australia that is expected to commence in February 2020 with a customer option for seven additional wells that if exercised would keep the rig under contract into 2021.

Some of the companies floating assets have also won substantial contracts

• ENSCO 8503 awarded a four-well contract with Apache in the U.S. Gulf of Mexico that is expected to commence in June 2019

• ENSCO DPS-1 awarded a two-well contract with Woodside offshore Australia that is expected to commence in February 2020

• ENSCO DS-7 expected to work offshore Egypt for six months commencing in 2Q19

And there is good news for the North Sea with two jackup contracts awarded.

• ENSCO 100 awarded a five-well contract with Repsol-Sinopec in the North Sea that is expected to commence in Jun 2019

• ENSCO 121 awarded a three-well contract with ONE in the North Sea that is expected to commence in Apr 2019

• ENSCO 107 awarded a one-well contract with Jadestone Energy offshore Australia that is expected to commence in March 2019

Additionally the ENSCO 96 contract with Saudi Aramco offshore Saudi Arabia has been extended six months to August 20th

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