Deepsea Metro I Starts Malaysia Campaign for Petronas
Odfjell Drilling has kicked off drilling operations for Petronas offshore Malaysia with the ultra-deepwater drillship, Deepsea Metro I.
The contract is for one firm well plus four optional wells.
The contract duration for the drilling of the one well is approximately 60-70 days with an estimated value of USD 11-13 million.
Including the optional wells, the total contract duration could extend up to 245 days with an estimated total contract value of USD 46 million.
Deepsea Metro I is owned by Golden Close Maritime, a company owned by Deep Sea Metro, a joint venture between Metro Exploration (60%) and Odfjell Drilling (40%). Odfjell Drilling is the manager of the vessel.
