The Deepsea Metro I ultra deepwater drillship won a contract with VietGazprom in Vietnam.
The vessel, managed by Norway's Odfjell Drilling, will operate for VietGazprom in Blocks 130 and 131 offshore Vietnam, starting mid-3Q 2015, for about 20 weeks. The contract is worth about US$40 million, says Odfjell, and includes options for two well testing periods with an estimated duration of 90 days each.
Image: The Deepsea Metro I
VietGazprom is a joint venture company between Russia's Gazpom and PetroVietnam. The JV was formed to carry out exploration and production activities on Blocks 112 and 129-132.
The Deepsea Metro I was delievered in 2011 and has been working offshore East Africa, drilling for Statoil and Ophir Energy offshore Tanzania. However, it has been out of work since December 2014 and is currently berthed in South Africa.
"We are pleased to secure new employment for Deepsea Metro I in the current challenging market," says Simen Lieungh, Odfjell's CEO. "The rig has been unemployed since December 2014 and is currently positioned in South Africa. It will start mobilizing for its new contract in Vietnam immediately..
Deepsea Metro I, is owned by Golden Close Maritime Corp., a company owned by Deep Sea Metro, a joint venture between Metro Exploration (60%) and Odfjell Drilling (40%).
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