Tullow extends West Leo contract

Offshore staff

HAMILTON, Bermuda – Tullow Oil has exercised a contract extension option for Seadrill’s West Leo that will keep the ultra-deepwater semisubmersible on location in West Africa through May 2018.

The extension is worth an estimated $450 million, bringing the total value of the contract to around $1.13 billion, Seadrill said in a release.

Seadrill took delivery of West Leo in early 2012 from Jurong Shipyard. The semi, based on the Moss Maritime CS50 Mk II design, has been under contract with Tullow and working offshore Ghana since April 2012.

01/17/2013

West Leo

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...