Statoil hires Seadrill rig for work offshore Canada

Seadrill Partners has secured a contract for one of its offshore drilling rigs with Statoil.

According to the driller, the contract is for two wells plus a two well option for the West Aquarius rig with Statoil, offshore eastern Canada.

The contract is expected to start in the second quarter of 2017 following the conclusion of the Unit`s current contract with Hibernia in early April 2017.

The backlog for the firm portion of the contract, estimated at 70 days, is expected to be approximately $14 million, meaning a dayrate of around $200.000.

In addition, Seadrill said it would provide fuel and additional services at a fixed rate.