Gulf Oil and Gas accountACCOUNT

Odfjell Drilling Signs LoA for Work in South Africa

Source: www.gulfoilandgas.com 3/1/2017, Location: Africa

Share |
Odfjell Drilling has signed a conditional letter of award with oil major for a one well contract to be drilled by the 6th generation semi-submersible, Deepsea Stavanger, offshore South Africa. The contract commencement is back to back with completion of the upcoming contract with Wintershall Norge on the Maria field. The contract value including compensation for mobilization/demobilization period is estimated up to USD 55 million. The company expects the drilling of the well to take 60-80 days.

We are very pleased to receive this sign of commitment and confidence. The companies have collaborated closely on this challenging project for many months and believe together we have a technical and operational solution to meet the unique combination of harsh environment conditions encountered on site.

This project with its technical complexities, deepwater and harsh environment is considered an ideal match for Odfjell Drilling as we strengthen our position as contractor of choice for challenging harsh environments. - says CEO Simen Lieungh.

For more information about related Opportunities and Key Players visit Sub-Saharan Africa Projects

Rigs >>

Rigs News in South Africa >>

United Arab Emirates >>  6/13/2018 - ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle E...
Nigeria >>  6/7/2018 - Sirius Petroleum, the Nigeria focused oil and gas development and production company, announces that following an update from COSL, the Company's inte...

United States >>  6/7/2018 - Rowan Companies plc announced that the Rowan Relentless, one of its R-Class drillships, has been awarded a contract by ExxonMobil to drill a prospect ...
Namibia >>  6/4/2018 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, has secured the Ocean Rig Poseidon, a sixth generation deepwa...

Nigeria >>  5/26/2018 - A fire broke out on an onshore oil rig in Nigeria’s Niger Delta on Saturday, three witnesses told Reuters, adding that the fire was still burning as o...
Norway >>  5/25/2018 - Reference is made to previous announcement of a Letter of Intent on 16 April 2018. Odfjell Drilling has signed the drilling contract for Deepsea Atlan...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


South Africa Oil & Gas 1 >>  2 | 3 |

More News

 

Oil & Gas Companies in South Africa >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.