SWICK ADDS 80M OF CONTRACT EXTENSIONS AS DRILL RIG DEMAND SURGES

Part time offshore rig driller contract only
Earn up to $50K-$65K+ a year starting out-and only work half the year. Meals, housing, and laundry? Covered. Gyms, lounges, internet? All included on the more modern rigs. You don't need a degree. You don't need union backing. You need a TWIC card, a tough mindset, and the right game plan. [pdf]
Alwilco drilling rig contract status
Awilco Drilling said Thursday that an arbitration tribunal had ruled in its favor in its second case against Singapore-based Keppel FELS over a rig contract termination. It lost the first in April 2023. Awilco Drilling in 2018 ordered a harsh environment semi-submersible drilling rig from Keppel FELS. [pdf]FAQS about Alwilco drilling rig contract status
What happened between seatrium New Energy Limited and Awilco Rig 2?
Subsequently, an arbitration award was received in November 2023 for another arbitration between Seatrium New Energy Limited and Awilco Rig 2 Pte. Ltd. (“AR2”), a sister company of AR1, in respect of the contract executed in March 2019 for the construction of a repeat midwater semisubmersible drilling rig, B382.
When did Keppel FELS vs Awilco arbitrate?
In April 2023, the Court of Arbitration ruled in favor of Keppel FELS in the Nordic Spring arbitration on the basis of relevant evidence submitted by Keppel FELS and Awilco’s subsidiary Awilco Rig 1 (AR1), while in November the Court of Arbitration ruled in favor of Awilco’s subsidiary Awilco Rig 2 (AR2) in the Nordic Winter arbitration.
Does Awilco have a financial impact on seatrium new energy?
The US$57 million settlement will flow directly from Rigco to AR2. Hence, there is no financial impact nor working capital exposure to Seatrium New Energy or the Group. Awilco is said to have emptied its drilling fleet in June 2022 following the sale of its rigs.
What happened to Awilco & seatrium?
Awilco is said to have emptied its drilling fleet in June 2022 following the sale of its rigs. In contrast, Seatrium has already bagged a number of offshore contracts for floating production, storage and offloading (FPSO) units, semi-submersible FPUs, and a number of repair and conversion agreements.

Drill rig mechanic salary in south africa
The average rig mechanic salary in South Africa is R263,091 or an equivalent hourly rate of R126. Salary estimates based on salary survey data collected directly from employers and anonymous employees in South Africa [pdf]FAQS about Drill rig mechanic salary in south africa
How much do drilling rig operators make in South Africa?
Salary estimates based on salary survey data collected directly from employers and anonymous employees in South Africa. An entry level drilling rig operator (1-3 years of experience) earns an average salary of R252,240. On the other end, a senior level drilling rig operator (8+ years of experience) earns an average salary of R431,445.
How much does a drill rig operator make?
The average Drill Rig Operator salary in the United States is $43,509 as of March 28, 2023, but the salary range typically falls between $42,309 and $47,782. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
How much does a rig mechanic make?
The estimated total pay for a Rig Mechanic is $61,876 per year in the United States area, with an average salary of $58,056 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $3,820 per year.
What qualifications do you need to be a drill rig technician?
Requirements: ~ Grade 10 ~ Competent B certificate of competency. ~ Drill Rig certificate of competency. ~2 to 3+ years’ experience in underground trackless mining. ~ Relevant Description We are looking for Senior Sandvik Drill Rig Technicians [ DK 25 ] for the Northern Cape.