Sonadrill, a 50:50 joint venture between Seadrill and an affiliate of Sonangol, has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship, Seadrill announced. The estimated total contract value is $101 million with commencement expected late third quarter of 2019 and running to early 2021.
The Libongos is the first of two Sonangol owned drillships to be bareboat chartered into Sonadrill along with two Seadrill-owned or managed units. The new seventh-generation drillship was built by Korean shipyard Daewoo Shipbuilding Marine Engineering (DSME) and christened in March.
Seadrill announced in February will manage and operate the four units on behalf of Sonadrill.