A subsidiary of Atwood Oceanics has received a charter contract for a drilling unit from Hess Corporation.
Under the terms of the contract, Atwood Condor, an ultra-deepwater, semi-submersible drilling unit, will be used to drill in the Gulf of Mexico.
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The unit, which is being built at Singapore’s Jurong Shipyard, will be delivered in June 2012.
The charter period is for 21 months and includes two one-year options, with pricing subject to mutual agreement.
