Deepsea Metro II Drillship Arrives in South Africa

Business & Finance

Deepsea Metro II Drillship Arrives in South Africa ((Image source: DCD Dolbyl Marine, Cape Town))

Last week (4. January), Odfjell’s Deepsea Metro II drillship arrived at DCD-Dorbyl Marine shipyard in Cape Town, South Africa. The purpose of the yard stay is to carry out planned modifications for Petrobras in Brazil.

The contract with Petrobras has a firm duration of 3 years and the value, including part of potential bonus and mobilization fee, is approximately USD 531 million.

The modification project in Cape Town is managed by Odfjell Drilling, a privately-owned international drilling, well service and engineering company with nearly 40 years experience of international drilling operations.

“Working conditions at the shipyard here in Cape Town are impeccable, and the crew and project management team which will carry out the project activities are very motivated to complete the project with good quality and within time frame. We look forward to a successful stay in South Africa,” states EVP MODU in Odfjell Drilling Mr. Erik Askvik.

According to the data on Odfjell Drilling’s website the vessel, delivered by Hyundai Heavy Industries in November 2011,  is a highly efficient, state-of-the-art 6th generation ultra deepwater drillship equipped with the latest technology and with focus on zero discharge and other green rig features.

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Offshore Energy Today Staff, January 9, 2012; Image: DCD Dolbyl Marine, Cape Town