SDRL New Angola Contract For Seadrill Joint Venture Quenguela Drillship oilandgasonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilandgasonline.com Daily Mail and Mail on Sunday newspapers.
The firm portion is worth approximately $131 million.
Sonadrill Holding Ltd – the 50:50 joint venture between Seadrill Limited (Oslo: SDRL) and an affiliate of Sonangol E.P. – has won a 12-well contract with one option for nine wells and 11 one-well options in Angola for the Sonangol Quenguala drillship, Seadrill reported Friday.
Seadrill pointed out that it expects the total firm portion of the contract to be worth approximately $131 million, including mobilization revenue and additional services. The company added in a written statement to Rigzone that the contract hinges on National Concessionaire approval.
“Sonadrill is a strategic partnership in an important deepwater basin,” remarked Seadrill CEO Stuart Jackson. “The operational excellence and experience of our team has driven this expansion of the joint venture. Securing the contract for the Sonangol Quenguela drillship is a great achievement and is testament to the confidence that our partners and clients have in
Seadrill : New Angola Contract for Seadrill Joint Venture Quenguela Drillship
édité le 17/05/2021 - Plus de news de SEADRILL - Voir la fiche entreprise de SEADRILL
Seadrill Limited is pleased to announce a new contract has been secured by Sonadrill Holding Ltd, the 50:50 joint venture with an affiliate of Sonangol E.P. Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. Total contract value for the firm portion of the contract is expected to be approximately $131 million (inclusive of mobilization revenue and additional services) with commencement expected in Q1 2022 and running to Q3 2023. The contract is contingent on National Concessionaire approval.