17
Tue, Mar

Seadrill Awarded Contract Extension in Angola

Offshore Engineer
Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension.A seven-well priced…

Published

Source: Seadrill
Source: Seadrill

Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension.

A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised, extending operations in Angola by approximately 480 days and committing the rig into June 2028.

Seadrill earns a management fee for providing management, operational and technical support to Sonadrill.

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