French oil major TotalEnergies has awarded offshore drilling contractor Northern Ocean with another contract extension for one of its semi-submersible rigs for continued work in Africa.
TotalEnergies hired the Deepsea Mira rig on a multi-country drilling contract in December 2022 and exercised the first option under the contract at the end of 2023.
Now, the firm term of the contract is extended from October 2024 for one well and provides one additional well option.
The extension is said to provide a firm revenue backlog of approximately $24.3-34.2 million, with the option to extend for an additional well potentially adding a further backlog of approximately $26.9-36.9 million.
The Deepsea Mira is an enhanced and extended CS 60 E harsh environment design semi-submersible delivered by Hyundai Heavy in South Korea.
It is managed by Odfjell Drilling following an agreement from December 2021. As the management was transferred from Seadrill to Odfjell, the rig also got a new name to reflect the change .
Deepsea Mira operated for TotalEnergies in Namibia during the first quarter of 2024, after which it moved to Congo where it embarked on drilling operations.