Eni China contracts Songa Mercur

Eni China BV has contracted the Songa Mercur for a drilling program offshore China.

May 12th, 2010

Offshore staff

LIMASSOL, Cyprus -- Eni China BV has contracted the Songa Mercurfor a drilling program offshore China. Plans call for at least one firm well plus two optional wells. The firm commitment well is expected to take 44 days at a cost of $12 million plus demobilization to Singapore.

The contract begins directly upon theMercurcompleting work for Gazflot at Sakhalin, Russia, and demobilization to China.

05/12/2010

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