Seadrill: West Polaris Drillship Contract Cut Short

Bartolomej Tomic
Thursday, May 14, 2020

Offshore drilling firm Seadrill Partners has said it has received a notice of termination for the 2008-built West Polaris drillship contract.

"As a result, the contract is expected to conclude in early November 2020, and the backlog is expected to decrease by approximately $23 million," Seadrill Partners said on Thursday.

The company did not say who the client was. According to its fleet status report from 4Q 2019, the sixth-generation rig should've kept working for the unnamed client in Southern Asia until February 2021.

According to information by VesselsValue, which Offshore Engineer has not been able to independently verify, the rig is working for India's Reliance Industries for an estimated dayrate of $197,300.

MarineTraffic data shows the rig is currently located near Kakinada, offshore the eastern coast of India.

Categories: Drilling Industry News Activity Asia Rigs Drillship

Related Stories

Initial Drilling Results Raise Questions on South Korea’s Offshore Gas Viability

Transocean’s Drillship to Stay in India Under New $111M Deal

Sunda Energy Closing in on Jack-Up Deal for Chuditch-2 Appraisal Well

Valeura Boosts Production at Jasmine Field with Five New Wells Now Onstream

Makin' a List ... Trump Prioritizes Energy Exploration, Production, Export

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Valeura Energy Consolidates Thai Oil and Gas Assets

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

Petronas to Proceed with South China Sea Oil and Gas Exploration

Current News

Petronas Inks Two More PSCs for Bid Round 2024, Launches Round 2025

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Japan's Japex Shifts Back to Oil and Gas Investments

Tokyo Gas Enters LNG Market in Philippines

ONE Guyana FPSO En Route to ExxonMobil’s Yellowtail Field

SLB Names Raman CSO, CMO

Eco Wave Finds Partner for Wave Energy Project in India

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com