ERHC Energy Inc (ERHE)

[Southern Man]

Secretive Chinese? WHo knows... they sure dont want anyone to know yet!
West Gemini bags two-year gig
Norwegian rig player Seadrill has landed a two-year, $345 million contract for the ultra-deep water drillship West Gemini, which is currently under construction.

Upstream staff 12 February 2010 10:38 GMT


Seadrill declined to name the company involved, saying only that it is an international E&P operator and that drillship will get to work off West Africa.

The contract value, which includes mobilisation costs, equates to a dayrate of about $460,000.

The contract also includes an option to extend for a further year at the same dayrate.

The West Gemini is expected to be completed by early July.

Published: 12 February 2010 10:38 GMT | Last updated: 12 February 2010 15:54 GMT