Oil and Gas World

AWILCO DRILLING PLC: SALE OF WILHUNTER CONCLUDED


Further to our Press Release of 9 June 2022, Awilco Drilling Plc announces that its fully owned subsidiary, Awilco Drilling Offshore (UK) Limited, has now concluded the previously announced sale of the drilling rig WilHunter.

Aberdeen, 22 June 2022

1Q 2022

During Q1 2022 the WilHunter remained cold stacked in Invergordon. During the quarter, the Company signed a Sale and Purchase Agreement with Rota Shipping Inc to recycle the rig at the Aliaga Shipyard in Turkey. The sale is expected to be concluded by mid-June 2022.