High Arctic awarded $US25m Oil Search rig contract

CANADIAN energy services provider High Arctic Energy has won a fourth drilling services contract with Oil Search, this time for Rig 104, in a deal worth about $US25 million (K69.70 million) per annum.

High Arctic awarded $US25m Oil Search rig contract High Arctic awarded $US25m Oil Search rig contract High Arctic awarded $US25m Oil Search rig contract High Arctic awarded $US25m Oil Search rig contract High Arctic awarded $US25m Oil Search rig contract

High Arctic is running the project management for the construction of Oil Search's heli-portable drilling rig in China, along with commissioning and mobilisation to PNG for an expected first spud date

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