CNOOC Buys More Time for Songa Saturn in West Africa

Equatorial Guinea
(Click to Enlarge)

Songa Saturn Drillship
(Click to Enlarge)

Songa Offshore announced that a one (1) well firm, plus one (1) optional well extension agreement to the existing one-well contract have been reached with CNOOC Africa Limited EG Branch for continued use of the drillship Songa Saturn for work in Equatorial Guinea. The firm part of the extension secures employment for the vessel until end March 2010 and has an estimated value of approximately US $10 million.

The Songa Saturn departed Malta on December 21, 2009, after successfully completing the earlier announced 3800 ft Water depth upgrade and is expected to commence operations for CNOOC in Equatorial Guinea mid January 2010.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Maintenance Assistant
Expertise: Maintenance Technician
Location: Denton
Maintenance Electronics Technician
Expertise: Maintenance Technician
Location: Denton
Equipment Operator
Expertise: Cementing|Coil Tubing|Maintenance Technician
Location: El Reno
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours