Statoil gives more work to semi-sub Deepsea Bergen

Offshore driller Odfjell Drilling has signed a letter of award (LoA) with Statoil to secure Deepsea Bergen rig for drilling activities in 2018-2019.

According to the driller’s Oslo Stock Exchange filing on Wednesday, the LoA includes one firm well plus 4 x 3 optional wells, which in total can secure work for Deepsea Bergen up to 14 months.

The estimated start up is 2Q/3Q 2018 in direct continuation with the OMV drilling program and contract value is up to $55 million, including the firm well and 3 priced options. In addition, there is one option at market rate.

It has been further agreed to suspend completion of the current Deepsea Bergen Statoil contract and re-arrange the drilling schedule, allowing an earlier beginning of the 1 + 1 well contract with Faroe.

After the completion of the Faroe well, the rig will re-start the Statoil contract and complete the remaining drilling program of one well at the contract dayrate.

Deepsea Bergen is a 3rd generation semi-submersible drilling rig of an Aker H-3.2 design.

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 1 2 3

19th Annual Arctic Oil & Gas Symposium

CI Energy’s 19th Annual Arctic Oil & Gas Symposium has brought together hundreds…

read more >

Egypt Petroleum Show

This event will feature 500+ regional & international exhibiting companies from over 35 countries…

read more >

INTERNATIONAL PETROLEUM WEEK 2019

International Petroleum (IP) Week is a renowned and respected fixture in the annual calendar…

read more >

Fuel Cell Expo 2019

FC EXPO is world’s largest show for hydrogen & fuel cell…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply