ONGC exit notice for Pride Hawaii

Vol 13, PW 19 (11 Mar 10) News in Brief
     

Pride International-owned jack-up Pride Hawaii might be forced to leave Indian waters by April 15 unless it wins a contract in ONGC’s ongoing tender for seven jack-ups.

PETROWATCH learns ONGC has given Pride Hawaii 30 days notice to end its three year contract, which has been running since May 1, 2007. A source tells us notice was given on February 25 and that the contract will terminate on March 31, or the date the current “well in progressâ€‌ is completed.

Pride Hawaii is currently at the Mumbai High oil and gasfield and is drilling at an undisclosed location, which she reached last week after moving from Mumbai High Platform 117 where she was re-drilling some wells. We learn warranty surveyors GL Noble Denton want Pride Hawaii to leave Indian waters before the monsoon season sets in and rig movements become difficult, if not impossible.

Pride Hawaii is one of seven ONGC jack-ups whose contracts expire in April and May this year.