Offshore

Seadrill-Sonangol JV scores new drillship contract in Angola

Offshore driller Seadrill has secured a new contract through Sonadrill, a 50:50 joint venture with an affiliate of Sonangol, for a ten-well campaign in Angola utilising the 2010-built drillship West Gemini.

The contract is worth around $161m, excluding options for up to eight additional wells, and also comes with further revenue potential from a performance bonus, Seadrill said.

Commencement is expected in the fourth quarter of 2022 with a firm term of approximately 18 months, in direct continuation of the drillship’s existing contract.

The West Gemini is the third drillship to be bareboat chartered into Sonadrill, along with two Sonangol-owned units, the Sonangol Quenguela and Sonangol Libongos. Seadrill, which owns and operates 30 rigs, will manage and operate the units on behalf of Sonadrill.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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