- Ocean Rig UDW (NASDAQ:ORIG) says Premier Oil (OTCPK:PMOIF) and Noble Energy (NBL) have terminated a contract for the semi-submersible rig Eirik Raude, effective immediately.
- The rig was being used for a combined drilling campaign off the Falkland Islands, but planned exploration there is halted.
- Rigzone reports that general mechanical issues with the rig were a factor, as was a problem with the blowout preventer.
- Last month, Eni terminated its contract for the Ocean Rig Olympia.