Total finalizes Pride Angola contract

Offshore staff

HOUSTON -- A subsidiary of Total has finalized a five-year contract with Pride International for the dynamically positioned, deepwater drillship Pride Angola. The contract, for drilling operations offshore Angola, was originally awarded in June 2007 and was finalized following the receipt of a required regulatory approval.

The contract is expected to begin during July 2008 in direct continuation of the rig's current contract commitment.

04/02/2008