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SeaDrill Ltd Acquires Songa Eclipse Rig from Songa Offshore SE

Friday, 16 Nov 2012 06:31am EST 

SeaDrill Ltd announced that its subsidiary has entered into an agreement with Songa Offshore SE to acquire the ultra-deepwater semi-submersible rig Songa Eclipse for a consideration of USD 590 million. The rig was delivered from the Jurong Shipyard in Singapore in 2011, and is operating for Total offshore Angola on a fixed contract ending in December 2013. In addition Total has three one-year options to further extend the contract. Seadrill intends to take delivery of the rig during December 2012. Songa Eclipse is of the same design, Friede & Goldman ExD millenium, as four of Seadrill's existing rigs in operation, West Sirius, West Taurus, West Orion and West Capricorn. The rig is dynamically positioned (DP 2 class certification) and equipped with Aker Solutions drilling equipment and has water depth capability up to 10,000 feet and drilling depth capacity of up to 37,500 feet. The subsea well control system includes a six-ram 15K psi BOP stack. 

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-2.11 -6.95%
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