Pacific Drilling gets revolving credit facility from NIBC

Corporate News -

NIBC’s Oil & Gas Services team participated in a USD 500 million revolving credit facility for Pacific Drilling, a growing offshore provider of global ultra-deepwater drilling services to the oil and gas industry.

Listed in New York with corporate offices in Houston, Texas, Pacific Drilling delivered its first drillship in 2010 and has since transformed its fleet into one of the most technologically advanced in the world. It has six ultra-deepwater drillships in operation, with two more under construction. The company has offices in Luxembourg,Brazil, Nigeria, Singapore and South Korea and clients including Chevron, Total and Petrobras.

The revolving credit facility will be used to finance the delivery payment for the Pacific Zonda, a drillship being built at the Samsung yard in Korea and scheduled for delivery in the first quarter of 2015 and for general corporate purposes. The Zonda can operate in 12,000 feet of water, with a maximum drilling depth of 40,000 feet.

Call me back
Please fill out your name Onderwerp is verplicht Please fill out your telephone number

Welcome to NIBC.com

We, NIBC Bank N.V., use functional cookies to ensure that this website works properly. We’d also like to place optional analytical cookies on your device which enable us to collect information about the use of this website, so that we can offer you an optimised website experience. You can choose not to provide your consent for the use of analytical cookies. If you do consent, you can withdraw your consent at any time. You can find more information in our Cookie Policy and our Privacy Statement.