- Rowan (NYSE:RDC +6.4%) is on the rise following its latest fleet status report that include three contract extensions while another unit will go on a standby rate.
- The contract for the Rowan Resolute ultra deepwater vessel in the Gulf of Mexico will be extended until July 2018 at a $580K dayrate, the Rowan Viking jackup offshore Norway will be extended until November 2017 at a $275K dayrate, and Saudi Aramco is extending its deal for the Gilbert Rowe jackup until the end of this year at its current $69K dayrate.
- The company’s Rowan Gorilla VII jackup will be put on a standby rate of 85% next month for Apache.