Rowan sells stacked Gorilla IV jack-up rig to ADES in Egypt
Offshore driller Rowan Companies has reportedly sold one if its jack-up drilling rigs to Advanced Energy Systems (ADES) in Egypt.
According to information provided by VesselsValue, a website providing intel on offshore and shipping world, Rowan sold its previously cold stacked jack-up drilling rig Rowan Gorilla IV for an undisclosed price on Tuesday, March 6.
The 1986-built drilling rig was cold stacked following completion of its contract with Arena in the U.S. Gulf of Mexico in December 2017.
ADES is a Middle Eastern conglomerate headquartered in Egypt. ADES has consolidated all upstream services & projects – both onshore and offshore – in the oil & gas sector into one group.
Rowan Gorilla IV is of a LeTourneau Technologies Gorilla class jack-up rig design with 638 ft long legs. The rig’s maximum drilling depth is 30,000 ft.
(Source: Offshore Energy Today)