Husky-CNOOC continues to make heavy weather of the tender for a jackup for their MBH, MDA and MDK development drilling project in the Madura Sea, having now invited the six qualified contractors to pick up tender documents for their latest re-tender. A pre-bid meeting was held on 11 August and attended by representatives of Apexindo, COSL, Seadrill, JDC, KS Drilling and Shelf. Bids are now due in on 29 August. The 7+2 well program is scheduled to commence in Q4 this year.
The region’s sole remaining operational mid water floater, Hakuryu 5, has picked up another charter, this time with Mubadala in Malaysia. Mubadala had initially joined with Shell who have just contracted the UDW semi Deepwater Nautilus which presumably did not suit Mubadala because they pulled out of the tender and went in alone. The two well charter with Mubadala in Block SK320 will commence in January and will partially fill the gap in the rigs contract portfolio between finishing with Gazprom in Sakhalin in October / November and commencing a 102 day charter with Rosneft in Vietnam in April next [...]
Market sources indicate that Japan Drilling has been awarded a two-well contract from Mubadala Petroleum for work off Malaysia. MDW semi Hakuryu-5 (1,640') is reported to have been selected for the program starting in January 2018. No details regarding location are known, but Mubadala has been planning a drilling campaign in the Lokio, Cengkih and Buah Karas prospects in Block SK320 for some time. Additional details will be reported as they are confirmed. The rig is currently working for Gazprom under a contract that ends in October/November and also has a 102-day contract with Rosneft off Vietnam starting in April/May [...]
After re-tendering in March, bids are due back to Husky-CNOOC (HCML) on August 29 for the operator's seven-well plus two-option contract in the MBH, MDA and MDK fields in the Madura Sea area off Indonesia. The qualified contractors, Apexindo, Seadrill, COSL, Japan Drilling, KS Drilling and Shelf Drilling, picked up bid packages at an August 11 meeting. Drilling is scheduled to begin late in 2017, so an award should be made in September.
Husky-CNOOC have pre-qualified five contractors for their long drawn out tender for a jackup for its 7+2 well drilling program in the MBH, MDA and MDK fields in the Madura Sea. Four con-tractors, Apexindo, JDC, COSL and Seadrill had already qualified from a previous failed tender and were joined by KS Drilling. The 18 month charter is to begin in December this year. HCML have been criti-cized by SKKMIGAS for continually favouring Chinese contractors so it will be interesting to see the results this time around.
Another UDW drillship being stacked on contract is JDC operated Chikyu which has just completed an 80 day sub-let to Japan Methane Hydrate Research and is now on standby at Shimizu port. The rig specializes in scientific and hydrocarbon drilling operations and is under charter to JAMSTEC until April 2019.
Husky-CNOOC’s tender for a jackup for a 7+2 well charter for their MBH, MDA and MDK fields in the Madura BD PSC continues to potter along as it has done since December 2015. Still at the pre-qualification stage (lost count how many tenders and re-tenders) they are currently re-questing clarifications from bidders, twelve of whom participated in the previous pre-qualification of which Apexindo, Seadrill, JDC and COSL managed to qualify and are exempt from the current pre-qualification exercise.
JDC’s Hakuryu 5, the region’s only operational mid water floater, has been awarded a 2-well contract presumably by Rosneft for an exploration well in Block 06-01 and an HPHT well in Block 5.3/11 offshore Vietnam. Rosneft took bids for this requirement in December last year. JDC has stated they cannot announce the operator until September but the term matches the outstanding Rosneft tender and the rig has worked for Rosneft previously. The 102 day program is set to start in April 2018 and a rate at around $135,000 shows that there is little difference between mid water and ultra deepwater [...]
Japan Drilling mid water semi Hakuryu 5 is currently in Korsakov in Sakhalin, Russia, preparing for its one well charter with Gazprom and is to move to its Ayashsky block location in the Sea of Okhotsk imminently. The 130 day program will keep the rig busy until October after which it will demobilize back to South East Asia before the onset of winter.