NIBC in secured facility for Atlantica Tender Drilling

Nieuws -

NIBC´s Oil & Gas team participated in a senior secured facility for Atlantica Tender Drilling, a company that owns, designs, develops and operates tender rigs – support platforms for drilling rigs.

Tender rigs are typically used as a cost-efficient solution for drilling oil production wells. The drilling takes place from a drilling platform moored alongside, while all the power, storage and other functions remain on the tender, which can be either semi-submerged or positioned in shallow water.

Since 2007, Atlantica has evolved from a start-up into a substantial player in the niche tender assist drilling market. The company owns and operates the semi tender BassDrill Beta on a long-term contract for Petrobras on the Papa Terra field offshore Brazil, as well as the tender barge BassDrill Alpha which is on a long-term contract for Total Congo, offshore West-Africa. Atlantica has two further rigs under construction, Atlantica Gamma and Atlantica Delta, the latter contracted to Total Congo on a long-term contract commencing in 2015.

NIBC’s relationship with Atlantica goes back to a role in financing BassDrill Beta. The new corporate facility – a club deal involving five banks – involves refinancing the existing facility for Atlantica’s operational rig and financing the delivery payments for the rigs under construction. This enables Atlantica to transition from a financing structure for single projects to corporate fleet financing.

Bel me terug
Vul alstublieft uw naam in Onderwerp is verplicht Vul alstublieft uw telefoonnummer in

Welkom op

Wij, NIBC Bank N.V., maken gebruik van functionele cookies om te zorgen dat deze website goed werkt. We willen ook graag analytische cookies op uw apparaat plaatsen om informatie over het gebruik van deze website te verzamelen om u een optimale website-ervaring te kunnen bieden. U kunt ervoor kiezen om geen toestemming te geven voor het gebruik van analytische cookies. Indien u wel toestemming geeft, kunt u deze toestemming op elk moment intrekken. Meer informatie vindt u in onze Cookie Policy en ons Privacy Statement.