New Drilling Contract for "HAKURYU-10"
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|
|Jack Up Rig: HAKURYU-10||Location: Al-Shaheen Oil
Field, offshore Qatar