FAR ready to drill Gambian prospect, page-16

Correct, CN had tweeted about this a day ago, see links below. Stena Drilling looks to be lining up some contracts now which is good news for the workers..


https://www.offshoreenergytoday.com...persistent-low-dayrates/#.WnvXN1azXrc.twitter

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While this doesn’t mean that offshore drilling will decrease (because oil companies can drill more with less money as rig rates are still much lower than they once were), it doesn’t signal a boom in offshore drilling and, with a few exceptions, likely signals the perpetuation of the current dayrate environment – even with the possibility that over 300 old rigs could gradually leave the market.
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Demand for deepwater drilling in Brazil, Mexico, and West Africa will remain low even though operators in these regions could initiate a limited number of projects. But with long lead times for deepwater projects, the effect of this will be minor and won’t be seen until late in the year at best.

Dayrates for ultra deepwater drillships will remain in the $150,000 to $200,000 range for the year (and beyond), and owners of such rigs will aggressively compete for contracts which, even at break-even rates, offer better financials than long-term stacking.
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https://www.energyvoice.com/oilandg...al&utm_source=twitter.com&utm_campaign=buffer

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Mr Ronsberg said: “Stena Drilling is delighted to have signed a contract with Energean Oil and Gas for a drilling campaign commencing in the 1st quarter of 2019.

“This contract, together with the other opportunities we are tendering for, gives us more confidence and allows us to re-evaluate the personnel affected by the consultations.”

...

https://www.energyvoice.com/oilandgas/160861/stena-consultation-puts-60-aberdeen-workers-risk/

"The company said it was still trying to decide how many workers it would need to lay off, but that it hoped to minimise any redundancies by winning new contracts."