Seadrill Partners Bags Four-Well Drilling Deal for Rig in Malaysia

Bartolomej Tomic
Tuesday, May 11, 2021

Seadrill Partners, an offshore drilling contractor, has secured a four-well contract for its West Capella drillship in Malaysia with an unnamed client. 

The client will have an option to extend the contract for up to seven more wells. 

The contract's total value for the firm part is estimated to be around $43 million, with work starting in May 2021 and ending in November 2021.

The West Capella, built in 2008, is a 6th generation ultra-deepwater drillship that was involved in a month-long standoff last year when a Chinese seismic vessel was surveying near the drillship's location in waters claimed by Malaysia, Vietnam, and China.

Reuters at the time reported that the drillship was on hire with Petronas, the Malaysian national oil company. 

Seadrill's fleet status report for Q4 2020 shows that the deal with Petronas was to expire in May 2021, but that the rig had extension options.

To remind, Seadrill Partners, an affiliate of offshore drilling firm Seadrill, in December 2020 filed for Chapter 11 bankruptcy protection in a move to restructure its debt.

The company's fleet comprises four drillships, four semi-submersible drilling rigs, and three tender rigs.

Seadrill Partners has struck deals with Vantage Drilling and Energy Drilling Management Pte Ltd to manage its drilling rigs and tender rigs, respectively.

Categories: Energy Drilling Industry News Activity Asia Rigs

Related Stories

Norwegian Oil Investment Will Peak in '25

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

TPAO, SOCAR and BP to Ink Caspian Sea Oil and Gas Production Deal

Velesto’s Jack-Up Rig Up for Drilling Job Offshore Vietnam

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Current News

PXGEO Nets First Seismic Survey off Malaysia

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Norwegian Oil Investment Will Peak in '25

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

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