Chevron Commences Operations on Next-Generation Drillship in Deepwater Gulf of Mexico
Chevron Corporation (NYSE: CVX) announced that the Pacific Santa Ana, a deepwater drillship built to Chevron's specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract with a subsidiary of Pacific Drilling S.A. (NYSE: PACD). Pacific Santa Ana is the first drillship designed with the capacity to perform dual gradient drilling (DGD).
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.