EXPLORATION

Karoon contracts drillship for Peru

KAROON Energy has contracted drill ship the Stena Forth for its upcoming Marina-1 well offshore Peru it shares with Tullow Oil, with the agreement providing Karoon a single slot from the existing rig contract between Tullow and Stena.

Helen Clark

Stena Forth designed for harsh conditions

Managing director Robert Hosking called the contract an exciting opportunity for his company. "Karoon has been working for some time to assess the prospectivity of the block, attract a formal partner...

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