Hess lets contract for Songa drillship off Libya

By OGJ editors
HOUSTON, Oct. 9 -- Hess Corp. has let a contract to Songa Offshore for the Songa Saturn drillship.

This contract is for the drilling of one well off Libya in fourth quarter 2007. The contract will start after the Songa Saturn completes a contract with Noble Energy Inc. in Equatorial Guinea.

The revenue totals $17 million. The Songa Saturn is available for additional work in the Mediterranean at the completion of the Hess contact.