Total Nigeria, Seadrill partner in offshore drill deal - CNBC Africa

Total Nigeria, Seadrill partner in offshore drill deal

Western Africa

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West Capella which has been operating in the Usan field offshore Nigeria since 2008. PHOTO: Seadrill

The contract, which is reportedly in support of the EGINA ultra-deep offshore project in Nigeria, is for a period of five years and has a total revenue potential for the primary contract term of approximately 1.1 billion US dollars, inclusive of mobilisation.

“We are very pleased to have been chosen by Total and its partners for this important project. Seadrill takes pride in continuing to build its presence in the Nigerian oil and gas industry,” said Seadrill chief executive, Per Wullf.

(READ MORE: Opportunities thrive for Africa’s oil and gas sector)

“This contract provides an opportunity to deepen our relationship with a key customer and strategically increase our rig fleet in Nigeria, adding the West Jupiter alongside the West Capella which has been operating in the Usan field offshore Nigeria since 2008.”

According to the company, the West Jupiter is one of eight 6th generation drillships currently under construction for Seadrill and is expected to be delivered from the Samsung Heavy Industries shipyard in Geoje, South Korea, in August 2014. 

The rig is expected to be outfitted to work in up to 10,000 ft of water and is capable of water depths up to 12,000 ft and drilling depths up to 37,500 ft.

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