Edison, Ina joint venture hires Crosco jack-up rig

first_imgEdIna, a joint venture company between Italian energy company Edison and Croatia’s Ina, has reportedly hired a jack-up drilling rig from drilling and well services contractor Crosco, a subsidiary of Ina.Labin rig; Image source: CroscoAccording to Bassoe Analytics, the Crosco’s Labin jack-up rig was hired for a period of 45 days.The data provided claimed that the hiring of the rig was agreed on Monday, November 18.The rig will begin working for EdIna on February 20, 2020, and complete its contract on April 5, 2020. The Labin will work on an estimated dayrate of $65,000, which means that the estimated size of the contract could be around $2.9 million.According to the latest AIS data provided by VesselsValue, the rig is located off the Croatian city of Pula.As for the rig, Labin was built at the Viktor Lenac shipyard in Croatia in 1985. It is of a Levingstone 111-C cantilever type design with major upgrades done in 2003/04 and 2014/15.It is worth stating that the EdIna joint venture company was created at the beginning of the 2000s. In 2014, the joint venture company started gas production from the Isabella gas field in the northern part of the Adriatic Sea.Ina told Offshore Energy Today via email that the Labin rig was currently undergoing class renewal. Following the class renewal procedure, Labin will start drilling a well on the Isabella field in the second quarter of 2020.Offshore Energy Today Stafflast_img read more

Ladner leads Arlington Sport Compacts

first_imgARLINGTON, Minn. (Aug. 16) – Eric Ladner found victory lane for the first time this year in the Coors Light IMCA Sport Compact feature Saturday at Arlington Raceway.Joe Regner was the first leader of the race until he and another car encountered troubles in turn four, causing Regner to go off the top of the track and retire to the pit area.On the restart, Ladner took over the race and held off eventual runner-up Alan Lahr. Nate Coop­man was third.Andy Timm got the lead following a restart and stayed in front to win the MN 93 IMCA Modified feature. Dan Mackenthun was the third and final leader in a near flawless Annihilator IMCA Stock Car feature.The 95.7 IMCA Sprint Car feature saw a red flag on the start of the race in turn one as five cars tried to make the turn at the same time and there wasn’t enough room. Three cars were damaged and out of the race as a result of the mishap. Mike Stien went on to the victory.The Unhinged Pizza IMCA Northern SportMod feature was slowed by several yellow flags. Matt Looft drove to the checkers after taking charge with four laps left.Rod Manthey led the Eckblad Trucking IMCA Hobby Stock feature from start to finish.last_img read more