John Fredriksen-controlled Northern Ocean, a semisub rig spin-off of Northern Drilling, has secured more work in West Africa for its 2018-built rig Deepsea Mira.
The French energy major TotalEnergies has exercised the first option under the semi’s contract extending its utilisation by 180 days and into the fourth quarter of 2024.
The extension provides between $68m and $75m of additional revenue backlog, excluding bonuses, reimbursables, or other undeclared options, Northern Ocean said.
The rig, managed by Odfjell Drilling has been working in Namibia under a multi-country contract with TotalEnergies.