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Awilco’s $13.8m semi-sub contract falls through

Norway’s Awilco Drilling says it has been advised by a customer that a one-well drilling letter of intent awarded last month for the 1982-built semi-submersible rig WilPhoenix will no longer proceed. The $13.8m contract, with an undisclosed operator, was scheduled to commence in the second quarter of 2018 after the rig’s current contract with Apache […]