Seadrill semi-sub finds more work off Canada

Seadrill Partners, the limited liability company part of John Fredriksen’s Seadrill, has been awarded a new contract by Seadrill Canada for semi-submersible rig West Aquarius.

The two well contract, with a two well option, will see the rig operating off Canada from the second quarter of 2017.

Seadrill says the contract is worth around $14 million based on the firm contract period which is estimated at around 70 days, indicating a day rate of $200,000. It will also provide fuel and additional services at a fixed rate.

West Aquarius is coming off a contract in April at ExxonMobil’s Hibernia project off Canada where it was earning $615,000 per day.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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