Drillling News

 

Seadrill, Sonangol JV Wins 10-well Offshore Drilling Contract in Angola

Apr 25, 2022

Offshore drilling firm Sonadrill, a 50:50 joint venture between Seadrill and an affiliate of Sonangol, has secured a ten-well contract with options for up to eight additional wells in Angola for the West Gemini drillship.The total contract value for the firm part of the contract is expected to be approximately $161 million, including mobilization revenue and additional services, with further meaningful revenue potential from a performance bonus…

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