Posted by Unknown / Wednesday, June 15, 2016 / No comments / Industry News
Parker Drilling awarded a contract by Hibernia Management and Development Company (HMDC)
Parker Drilling, a provider of
contract drilling and drilling-related services, has reportedly been awarded a
contract by Hibernia Management and Development Company (HMDC) for the drilling
services on the Hibernia platform, offshore Canada.
Hibernia is an oil field in the
North Atlantic Ocean, approximately 315 kilometres east-southeast of St.
John’s, Newfoundland, Canada, in 80 m of water.
According to Canadian
Broadcasting Corporation (CBC)
News, the contract for drilling services on the Hibernia plaform is for seven
years starting from July 1, 2016 and taking over from Paragon Offshore which
has held the contract for several years.
Namely, after its spin-off from
Noble Corp. in 2014, the offshore drilling contractor Paragon became in charge
of a labor contract under which the company was providing the personnel
necessary to manage and perform the drilling operations from the drilling
platform owned by the operator.
The Hibernia oil field began
producing oil on November 17, 1997. The platform is 224 metres high, and it
has three separate components, topsides, gravity base structure and
offshore loading system.
Offshore Energy Today reached out
to Parker Drilling seeking confirmation of this report as well as further
details about the contract, however the company was not immediately available
for comment.
The shareholders of Hibernia
Management and Development Company are: ExxonMobil Canada (33.125%), Chevron
Canada Resources (26.875%), Suncor (20%), Canada Hibernia Holding Corporation
(8.5%), Murphy Oil (6.5%) and Statoil Canada Ltd. (5%).
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