Deepsea Metro I Bags Philippines Gig

Business & Finance

Odfjell Drilling has, on behalf of Golden Close Maritime, secured a one well contract for the ultra deepwater drillship, Deepsea Metro I.

The contract was signed with Galoc Production Company, a wholly owned subsidiary of Nido Petroleum.

The area of operation is offshore Philippines.

The Deepsea Metro I will be contracted for one firm well of approximately 3 weeks in duration and one optional side track. The contract period will be approximately 4-5 weeks with a start window of 1-31 March 2017.

Deepsea Metro I is owned by Golden Close Maritime, a company owned by Deep Sea Metro Ltd., which is a joint venture between Metro Exploration (60%) and Odfjell Drilling (40%). Odfjell Drilling is the manager of the vessel.