Murphy takes tender rig for Kikeh

Murphy Sabah Oil has contracted Seadrill’s semi tender rig West Menang to work on the Kikeh Spar deepwater field offshore Malaysia.

Offshore staff

HAMILTON, Bermuda -- Murphy Sabah Oil has contracted Seadrill’s semi tender rig West Menang to work on the Kikeh Spar deepwater field offshore Malaysia.

The contract value is around $100 million, including mobilization and modification works, and is due to start by mid-year.

Seadrill has also exercised an option to build a new tender barge, T17, at the COSCO Nantong Shipyard in China. The vessel should be delivered early in 2013. The estimated price is $115 million, including project management, drilling and handling tools, spares, and capitalized interest.

T17 is similar to the two tender rigs Seadrill ordered from COSCO earlier this year, designed with a focus on higher drilling efficiency, partly provided by lightweight drilling equipment.

04/13/2011

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