Rowan Companies plc (‘Rowan’ or the ‘Company’) has announced that the Rowan Renaissance, an R-Class ultra-deepwater drillship, has been awarded a one-well contract in Mexico by PC Carigali Mexico Operations, S.A. de C.V. (‘Petronas’) for an estimated duration of 80 days that is expected to commence in the second quarter of 2019.
Following the initial contract term, Petronas has a one-well priced option with an estimated duration of 80 days.
The Rowan Renaissance is currently under contract with Total in Mexico's Gulf of Mexico until about March 2019.