Libongos wins nine-well contract offshore Angola

Sonangol took delivery of the drillship Libongos in March 2019.
Sonangol took delivery of the drillship Libongos in March 2019.
(Courtesy DSME)

Offshore staff

HAMILTON, Bermuda Sonadrill Holding Ltd., Seadrill Ltd.’s 50:50 joint venture with an affiliate of Sonangol E.P., has secured a nine-well contract offshore Angola for the drillship Libongos.

The contract includes six one-well options. The estimated total tract value is $101 million with commencement expected in late 3Q 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. Seadrill will manage and operate the four units on behalf of Sonadrill.

09/04/2019

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