New Drilling Contract for "HAKURYU-10"
2021-06-16
Japan Drilling Co., Ltd. (JDC) is pleased to announce 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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| Jack Up Rig: HAKURYU-10 | Location: Al-Shaheen Oil Field, offshore Qatar |
