Total E&P Angola books Ocean Valiant

Total E&P Angola has signed a two-year contract with Diamond Offshore Drilling for the semisubmersible Ocean Valiant for work in Angola.

Offshore staff

HOUSTON -- Total E&P Angola has signed a two-year contract with Diamond Offshore Drilling for the semisubmersible Ocean Valiant for work in Angola. The contract could earn Diamond maximum revenue, excluding mobilization fees, of approximately $452 million.

The contract is convertible into either a 2-1/2 year or three-year agreement.

10/23/2008

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