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

2019-07-26

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
HAKURYU-10 HAKURYU-12