Sonadrill awarded drillship contract

Sonadrill Holding, a 50/50 joint venture between Seadrill and Sonangol, has secured a nine-well contract with six one-well options in Angola for its newbuild drillship Sonangol Libongos.

The estimated total contract value is $101m with commencement expected in the third quarter, and running through to early 2021.

The ship is the first of two Sonangol-owned drillships to be bareboat chartered to Sonadrill along with two Seadrill-owned or managed units.

Seadrill will manage and operate the four units on behalf of Sonadrill.

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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