TOTAL HIRES DEEPSEA STAVANGER

Odfjell Drilling advised it has secured a contract from Total E&P South Africa and is for a one well plus one optional well to be drilled by the 6th generation semi-submersible, Deepsea Stavanger, offshore South Africa. The contract commencement shall be between June 2018 and April 2019 and shall be back to back with completion of the ongoing contract with Wintershall Norge on the Maria field or any subsequent contract. The contract value including compensation for mobilization /demobilization period is estimated up to USD 55 million. The company expects the drilling of the firm well to take 60-80 days. (Source: Odfjell Drilling)