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Diamond finds more work for Vela Drillship

Friday, September 2 2022

Fossil Energy – Drilling

Aquadrill has extended a charter hire agreement with Diamond Offshore Drilling to provide its Vela drillship for operations in the U.S. Gulf of Mexico for a drilling contract with a minimum duration of 225 days.

Aquadrill said the deal also included three market-based extension options for an additional five to seven wells.

According to the drilling contractor, the charter hire for the MPD outfitted 7th generation drillship will be extended if the optional term is exercised.

The total contract value for the firm 225-day minimum term of the drilling contract is expected to be $88 million, with start expected in mid-January 2023.

Related posts:

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  2. Aquadrill announces charter hire agreement for Capella
  3. BP doubles crude output Thunder Horse platform
  4. Ocean BlackHawk heads for US GoM

Filed Under: Aquadrill, Diamond Drilling, Drilling, drillship, General, Gulf of Mexico, International projects, Oil and Gas Tagged With: Aquadrill, Diamond Offshore, gulf of mexico, Vela drillship

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