Angola: 12-well extension contract for the Libongos drillship

Sonadrill, the joint-venture between Seadrill and Sonangol, has secured a 12-well extension in Angola for the Libongos drillship, Seadrill announced today.

The firm portion of the contract is worth $327m with commencement expected in Q4 2022 with a firm-term of approximately 25 months.

The Libongos drillship was already under a multi-year contract with Eni Angola, Hawilti’s Offshore Rigs Tracker shows. The unit is reported to have been part of the company’s drilling campaign on Block 15/06, where Eni has made seven discoveries over the past four years and is executing several subsea tie-back projects on the block.

Eni Angola, which now forms part of Azule Energy with bp Angola, is also progressing the full field development of Agogo on Block 15/06. Tenders were issued in July 2021 for a project targeting a peak production of 120,000 bopd via the installation of a third FPSO unit on the block.

The Libongos drillship is currently heading back to Block 15/06, data from Marine Traffic shows.

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