Nalcor Energy has signed an agreement with DF Barnes to bring the ultra-deepwater semi-submersible drill rig Transocean Barents to the Bull Arm Fabrication site in Canada.

Transocean Barents is getting ready for further exploration work offshore Newfoundland in 2020.

Operated by Nalcor, the Bull Arm Fabrication site is located in Newfoundland and Labrador (NL). The site has easy access to international shipping lanes and growing oil and gas developments in the North Atlantic region.

Nalcor Energy Offshore Development executive vice-president Jim Keating said: “This is the second drill rig to be serviced at the site this year and follows the completion of a similar work scope by DF Barnes for Seadrill’s West Aquarius.

“In the last number of years we have seen close to $4bn in exploration work commitments made, as a result, numerous oil and gas companies have identified drilling plans that consider multiple wells.

“The site is a strategic asset that supports the growth in our industry and we look forward to continuing to support this momentum into the future.”

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By GlobalData

Nalcor’s agreement is for a portion of the site and the work is expected to begin in 2020. The scope of the work includes warm stacking, thruster change out, cleaning of the holding tank as well as various other multi-disciplined scopes.

Bull Arm Fabrication is spread across 6,300 acres with fully integrated infrastructure to support fabrication and assembly in three key project areas namely Fabrication Yard, Marine Facility, and Deepwater Site.

The current work on the Transocean Barents rig will take place within areas of the Fabrication Yard and Marine Facility.