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    New Bingo gets a drilling contract

    News // April 20, 2001
    Ocean Rig ASA has announced that it has entered into an agreement with PanCanadian Petroleum for its Bingo 9000-2 semi-submersible drilling rig, the Eirik Raude.

    Under the agreement, the rig will start work on behalf of PanCanadian as soon as if its delivered, and will continue to use it for an initial period of six to eight months.

    Ocean Rig and PanCanadian say they plan to form a partnership, which will lease the Eirik Raude from Ocean Rig.

    The Eirik Raude is due to start operations off the East Coast of Canada at the end of this year.

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