Sevan orders drilling equipment for deepwater rigs

Sevan Marine has let a $240 million contract to Aker Solutions to provide two drilling equipment packages and possibly a third for deepwater drilling rigs that are under construction.

Aug. 28, 2008

Uchenna Izundu
International Editor

LONDON, Aug. 28 -- Sevan Marine ASA has let a $240 million contract to Aker Solutions to provide two drilling equipment packages and possibly a third for deepwater drilling rigs that are under construction.

"The contracts will cover delivery of complete drilling packages consisting of engineering and equipment deliveries," Sevan said.

Aker Solutions will deliver equipment for Sevan's first drilling rig in 2009. A spokesman from Sevan Marine told OGJ that both rigs were deepwater floaters based on the cylindrical Sevan 650 design. The rigs are capable of operating in 10,000 ft of water. "One rig will drill off Brazil and the other [off] India."

The rig for Brazil will start operations in mid-2009 in the Santos presalt cluster basin. The other, for India's Oil & Natural Gas Corp. Ltd., will be delivered in 2010.

Contact Uchenna Izundu at [email protected].