Seadrill Wins West Africa Contract
Seadrill Limited reported Wednesday that it has secured a contract for its West Gemini drillship in West Africa.
According to Seadrill, the contract covers nine wells with three options, each for two wells. The company stated that it expects the total contract value for the firm portion of the agreement to be approximately $84 million. It also anticipates the contract period to commence in early in the fourth quarter of this year, running through the fourth quarter of 2020.
An ultra-deepwater drillship built in 2010 by Samsung Heavy Industries, West Gemini can operate in up to 10,000 feet (3,048 meters) of water and drill to 37,500 feet (11,430 meters), Seadrill’s website states. The company’s first quarter 2019 fleet status report also indicates the drillship, which can accommodate 180 individuals, was contracted to Eni S.p.A. offshore Angola from January 2018 to June 2019.
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