Australia: Songa Venus Rig to Arrive to Artemis-1 Next Week
MEO Australia Limited advises that as at 06:00 hours (Perth time) on Wednesday 17th November, the Songa Venus semi-submersible drilling rig had been towed a distance of 181.7 nautical miles or 28.1% of the 646.7 nautical mile journey to the Artemis-1 location.
Assuming the average speed achieved on the journey to date is maintained, the rig is anticipated to arrive at the Artemis-1 location late on Tuesday 23rd November, however the actual tow speed achieved will be a function of the prevailing weather and sea state conditions.
Artemis-1 is anticipated to spud shortly after being anchored on location.
The next weekly progress report is planned for release on November 24th.
Petrobras International Braspetro PIB BV (a wholly owned subsidiary of Petrobras) 50%
North West Shelf Exploration Pty Ltd a wholly owned MEO subsidiary 25%
Cue Energy Resources Limited15%
Rankin Trend Pty Ltd a wholly owned subsidiary of Moby Oil & Gas 10%
*MEO Australia Limited is Operator for the Joint Venture
Source: MEO Australia, November 17, 2010: