MEO has issued the following update on the timing of drilling Zeus-1. MEO has been advised that the Songa Venus drilling rig activities have been interrupted by the development of a tropical low in the region. The Bureau of Meteorology has forecast the potential for a tropical cyclone to develop near the current operating location by Thursday, December 18. The drilling rig is currently being secured in preparation.
Once this cyclone risk has passed the drilling rig will resume the current well completion program. At this stage MEO estimates this will likely see the rig release date delayed by around a week.
When the rig has been accepted and handed over to MEO, the Farstad vessel ‘Lady Caroline’ will tow the Songa Venus to the Zeus-1 location over the following six to seven days.
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