Sirius secures OSVs for Ororo drilling campaign

Sirius Petroleum, an investment company focused on oil and gas opportunities in Nigeria, has made a deal for the provision of offshore service vessels (OSVs) through Tidewater Marine International for a multi-well campaign at the Ororo field offshore Nigeria.

Tidewater Marine International is an international technical partner to the Nigerian marine support company T1 Marine Services who will act as contract principals to the company and have signed the OSV contract with Sirius.

Tidewater Marine International is wholly owned by NYSE-listed Tidewater Inc and T1 Marine Services is an indigenous company offering a range of marine support services focused exclusively in the Nigerian offshore industry.

T1 Marine Services joins the project consortium alongside COSL, ADD Energy and Schlumberger to support the drilling program for the Ororo field off Nigeria.

To remind, COSL Drilling was hired for the provision of a jack-up rig, Add Energy was signed for a well management contract, and Schlumberger got a contract for the provision of an integrated services management.

Bobo Kuti, CEO of Sirius, said the company was looking forward to moving into the next stage of the project.

Frank Gibone, Director of International Sales & Marketing Eastern Hemisphere at Tidewater Marine International commented: “We are very pleased to have been selected by Sirius as their preferred OSV provider and look forward to working in collaboration with them and their partners in making the Ororo field development a successful venture.”

Kingsley Adudu, Managing Director of T1 Marine Services, added: “T1 Marine Services Ltd and its partners have one of the largest fleets of OSVs in the global industry. We are thrilled to support Sirius’ shallow offshore strategy in Nigeria utilizing our vessels for the development and production phase of their operations.”

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