Husky Oil Operations Ltd. pulled the plug on its drilling contract with Seadrill for the West Mira vessel one week after Seadrill canceled the newbuild’s order with Hyundai Heavy Industries (HHI).
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West Mira illustration. Image from Seadrill. |
“Seadrill remains in discussions with Husky to find an alternative solution to meet its drilling requirements,” the company said.
The five-year contract for the West Mira, which was awarded in 4Q 2012, was estimated to be about US$1 billion in total revenue for Seadrill. The vessel was to be used for Husky’s operations offshore Canada and Greenland.
In its 2Q 2015 report, Seadrill tentatively agreed with Husky to reduce the dayrate for the sixth generation ultra deepwater harsh environment semisubmersible after HHI failed to deliver the unit on time.
Seadrill sent its notice to HHI last week to cancel construction on the newbuild, which was originally set for delivery on 31 December 2014.
The West Mira was to be designed for drilling in harsh environments and water depths up to 10,000ft. It was to be equipped with DP-3 (dynamic positioning) as well as 12-point mooring capability, potential for two six ram blowout preventers and along with 1000 ton load path capacity.
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