Awilco rig bags North Sea gig with Ithaca

Offshore rig owner Awilco Drilling has been awarded a contract with Ithaca Oil and Gas Limited for the provision of the WilPhoenix rig in the UK North Sea.

Awilco said on Monday that Ithaca will use the WilPhoenix rig for a single exploration well at Fotla in Block 22/1b.

The Ithaca-operated F-Block lies adjacent to the Alba field and contains two gas exploration prospects, Fotla and Fortriu.

Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects. 

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