#Africa - In Other News #News

Seadrill wins contract in Angola

Offshore drilling contractor Seadrill has won a US$131M 12- well contract for the  Sonangol Quenguela drillship via Sonadrill – its local joint venture with a Sonangol subsidiary – with one option for nine wells and eleven one-well options in Angola.

Start-up is expected in the first quarter of 2022 and will continue until the third quarter of 2023.

“Sonadrill is a strategic partnership in an important deepwater basin. The operational excellence and experience of our team has driven this expansion of the joint venture. Securing the contract for the Sonangol Quenguela drillship is a great achievement, and is testament to the confidence that our partners and clients have in the company and its staff,” says Seadrill’s Chief Executive Officer, Stuart Jackson.

Sonadrill is a joint venture created between Empresa de Serviços e Sondagens de Angola, a subsidiary of national oil company Sonangol, and Seadrill. The Angolan company owns the Sonangol Libongos and Sonangol Quenguela drillships to the venture, while its Bermuda-headquartered counterpart, which has extensive drilling expertise in Angola, is expected to add two of its own ships to the Sonadrill fleet.

The contract is contingent on National Concessionaire approval.

Source: Further Africa

Leave a comment

Your email address will not be published. Required fields are marked *