Angola: Seadrill JV secures new contract offshore Angola for the Quenguela drillship
14 May 2021
Sonadrill, the 50:50 joint venture with an affiliate of
Sonangol. 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 approx. $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.
Sonangol Quenguela is the second of two Sonangol-owned drillships to be bareboat chartered into Sonadrill. The drillship is a 7th generation, DP3, dual activity, e-smart ultra-deepwater drillship delivered in 2019, capable of drilling up to 40,000ft wells.