Atwood Oceanics - Gas and Oil Rigs

Gas and Oil Rigs

Atwood Oceanics owns two jack-up rigs, four semi-submersible rigs, one submersible rig, and one semi-subersible tender assist vessel. Constructed in 1974, and located off the coast of West Africa, The Seahawk is the oldest of all the rigs.1 Both the Vicksburg and the Southern Cross were built in 1976. The Vicksburg is in the waters of Thailand and the Southern Cross is in the Black Sea. In 1981 the Hunter was constructed and is now stationed in Mauritania, drilling at a depth of up to 28,000 feet / 8,500 metres. The Eagle was built in 1982 and is off the coast of Australia. The cantilever submersible rig named Richmond was also built in 1982 and is the only one of Atwood’s rigs currently stationed in U.S. waters, the Gulf of Mexico. The Falcon was built in 1983 and now operates in the waters of Malaysia. The Beacon, constructed in 2003, is located in Singapore and is scheduled to be moved to India in December. Since 1996, the Atwood group has spent over US$400 million in upgrading seven of its eight offshore drilling units.

Atwood Oceanics Inc. has recently a ninth drilling unit, the Atwood Aurora, constructed at the Keppel AmFELS, Inc. in Brownsville, Texas at a cost of US$160 million; in operation since September 2008. Additionally, the Company has plans to take delivery of two additional semi-submersible rigs, the Atwood Osprey in 2011 and another yet unnamed rig in 2012.

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