Chevron extends ‘Pacific Bora’ contract

Pacific Drilling S.A. a Luxembourg-headquartered offshore drilling contractor has secured more work for one of its ultra-deepwater drillships.

The company has announced that that Chevron’s affiliate Star Deep Water Petroleum Limited has signed a firm contract extension for the Pacific Bora drillship.

The contract extension increases the drillship’s backlog by approximately $439 million, bringing the company’s total contract backlog as of Aug. 22, 2014, to $3.0 billion.

Pacific Bora, built in South Korea by Samsung in 2010, is capable of operating in water depths of up to 10,000 feet and drilling wells 37,500 feet deep. The drillship began its contract with Chevron at the Agbami field offshore Nigeria in 2011.