Ocean Rig UDW Inc. , a global provider of offshore deepwater drilling services , announced today that “due to the dramatic fall of the crude oil price and the volatile market context, ENI has reassessed its drilling activities and taken the decision to exercise it s right of terminating” the contract of the Ocean Rig Olympia.
About Ocean Rig
Ocean Rig is an international offshore drilling contractor providing oilfield services for offshore oil and gas exploration, development and production drilling, and specializing in the ultra deepwater and harsh - environment segment of the offshore drilling indus try. The Company owns and operates 13 offshore ultra deepwater drilling units, comprising of 2 ultra deepwater semisubmersible drilling rigs and 11 ultra deepwater drillships, 1 of which is scheduled to be delivered to the Company during 201 7 , 1 of which i s scheduled to be delivered during 2018 and 1 of which is scheduled to be delivered during 2019.