Rowan scoops two Petrobras jack-up rigs for bargain price

Drilling contractor Rowan Companies has provisionally bought two Petrobras jack-up rigs for just $30 million a piece.

According to a statement by Rowan, dated May 11, the company participated in a public rig auction and was the high bidder for Petrobras’ P-59 and P-60 jack-ups.

The drilling contractor said that the two 2013-built LeTourneau Super 116E jack-up rigs were bought, subject to Petrobras approval, at its bid price of $30 million per rig. The company said the auction results have not yet been approved by Petrobras.

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