Drillship Deepsea Metro I bags two-well gig

Business & Finance

Following a letter of intent in March, Odfjell Drilling has signed a two-well contract for the ultra deepwater drillship Deepsea Metro I with an undisclosed party.

The letter of intent was dated March 23, 2017. It was secured by Odfjell Drilling, the manager of the rig, on behalf of Golden Close Maritime Corp. Ltd. (GCMC), the owner.

According to a Tuesday statement by GCMC, the area of operation is in South-East Asia.

Deepsea Metro I has been contracted for two firm wells together with options for one further well and three sidetracks, the company said in the statement.

The firm contract period will be approximately 150 days with expected start during June 2017.