Some of the 30-plus deepwater rigs that were in the Gulf of Mexico have moved to other markets, first because of a U.S. halt called last May after BP Plc’s (BP.L: Quote) well blowout, and then because of the lack of permits once the moratorium was lifted.
Below are rigs contracted to work in the Gulf of Mexico that have been or will be moved to other regions.
* Diamond Offshore Drilling Inc (DO.N: Quote) said on July 9 that the Ocean Endeavor, contracted to earn about $290,000 per day from Devon Energy Corp (DVN.N: Quote) in the Gulf of Mexico, would move to Egypt under a new deal with Burullus Gas Co. [ID:nN09154557]
* Diamond said on July 12 it would move the Ocean Confidence, under contract to Murphy Oil Corp (MUR.N: Quote), from the Gulf to the Republic of Congo. [ID:nN12212133] The rig is now drilling wells for Cobalt International Energy Inc (CIE.N: Quote) off Angola, but is due to return to U.S. waters in October.
* Transocean (RIGN.VX: Quote)(RIG.N: Quote), the world’s largest offshore drilling contractor, said on Sept. 1 that it had moved its Marianas rig, under contract to Italy’s Eni (ENI.MI: Quote), from the Gulf to work in Nigeria. [ID:nN01152276]…