Songa Offshore ASA has entered into a contract for the Songa Dee semisubmersible. The contract is firm for two years and includes two 6-month option periods.
Offshore staff
OSLO, Norway -- Songa Offshore ASA has entered into a contract for the Songa Dee semisubmersible. The contract is firm for two years and includes two 6-month option periods.
Operators, Marathon Petroleum Co. (Norway) and Lundin Petroleum AB, might use theSonga Dee in the Norwegian and the UK sectors of the North Sea on an equal time basis. The contract will begin when the rig is released by the current operator, which could be in 4Q 2008 or 1Q 2009.
The contract value for the firm period exceeds $310 million.
