Rowan announces contract with Petronas Mexico for Rowan Renaissance

Rowan has announced that the Rowan Renaissance, an R-Class ultra-deepwater drillship, has been awarded a one-well contract in Mexico by Petronas for an estimated duration of 80 days, which is expected to commence in Q2 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.