Categories
3. Read Recent News Business News

Seadrill’s Rig Bound for Equatorial Guinea – Posted by Equatorial Guinea Online – www.equatorialguineaonline.com

Posted by Equatorial Guinea Online – www.equatorialguineaonline.com

Seadrill's Rig Bound for Drilling Offshore Equatorial Guinea

Seadrill has been issued a letter of award by Hess Equatorial Guinea, Inc. to enter into an eight well drilling contract offshore Equatorial Guinea for the semi-tender rig West Esperanza.

The anticipated contract duration is a minimum of 18 months, with corresponding potential revenues of approximately $127 million plus mobilization fee. West Esperanza, which Seadrill ordered on speculation in June 2011, is currently under construction at Keppel FELS yard in Singapore. Construction is scheduled for completion in early second quarter of 2013. Following mobilization from Singapore to Equatorial Guinea, the rig is scheduled to commence operation at the end of the second quarter of 2013.

Alf C Thorkildsen, CEO in Seadrill Management AS commented, “We are delighted to have agreed our first operation for Hess in Africa. This award represents our first tender rig operation in Equatorial Guinea and grows the international footprint of the tender rig concept. Furthermore, the assignment confirms our strong market position within this segment and demonstrates the high demand for new premium offshore drilling equipment.”

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
Loading…

Equatorial Guinea
 

 
 
Map DataMap data ©2011 Basarsoft, Europa Technologies, Inav/Geosistemas SRL, MapLink, ORION-ME, Tele Atlas, Transnavicom  Imagery ©2011 TerraMetrics – Terms of Use
Map Data
Map data ©2011 Basarsoft, Europa Technologies, Inav/Geosistemas SRL, MapLink, ORION-ME, Tele Atlas, Transnavicom Imagery ©2011 TerraMetrics
Traffic
Powered by MapPress
 
 
 
 
 
 
 
 

 
 
Map

Satellite

Equatorial Guinea

Leave a Reply

Your email address will not be published.