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the Ocean GreatWhite weighs in at 60,800 tonnes and is a 6th generation harsh environment drilling rig capable of drilling down to 10,000m in 3,000m of water. With a draft of over 23 meters, the rig needs deep water for anchoring.
It is understood Ocean GreatWhite has been selected for Siccar Point Energy’s upcoming Lyon exploration well west of Shetland, a prospect thought to hold around three trillion cubic feet of gas.
Siccar Point Energy, a North Sea-focused oil and gas player, has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending facility limit from $600 million to $800 million.