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Seadrill secures drillship contract from Statoil

Drilling contractor Seadrill has secured a firm contract for one well and one drill stem test with Statoil Brasil Óleo e Gas for its drillship  West Saturn in Brazil.

The contract also includes a number of option wells to be drilled in blocks where Statoil has license and operatorship.

The drillship, which will be upgraded with a managed pressure drilling system, is expected to commence operations between December 2017 and January 2018.

The backlog of the contract is estimated at $26m.

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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