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23.03.2017

Deepsea Metro I wins another drilling contract


Odfjell Drilling has, on behalf of Golden Close Maritime Corp. Ltd., secured a Letter of Intent (LOI) for a two well contract in South-East Asia for Deepsea Metro I.

In January this year we could announce a one-well contract for DSM I offshore the Philippines with Nido Petroleum Limited. This new contract is for two firm wells plus options for one further well and three sidetracks.

The firm part of the contract is estimated to be approximately 150 days with a commencement window in Q3, 2017.

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Deepsea Metro I is owned by Golden Close Maritime Corp. Ltd. and Odfjell Drilling is the manager of the vessel. A new 4-years management agreement was recently agreed between the parties.