BW Vitality contracts Deepsea Mira rig to drill offshore Namibia


Picture: Odfjell 


BW Vitality, along with NAMCOR E&P, has contracted Odfjell’s Deepsea Mira semisubmersible rig for the drilling of the Kharas appraisal effectively on the Kudu license (PPL003) offshore Namibia within the Orange Basin, scheduled for the second half of 2025.

The settlement is a part of a rig-sharing association beforehand introduced by the rig’s operator, Northern Ocean Ltd., with Rhino Sources Ltd. The contract, entered into by BW Kudu Ltd., supplies entry to an in-country rig and an skilled providers crew with a powerful observe report within the Orange Basin, supported by a excessive stage of native content material.

BW Vitality is the operator of the Kudu manufacturing license (PPL003) with a 95% working curiosity. NAMCOR E&P, a subsidiary of the nationwide oil firm of Namibia, holds the remaining 5% carried curiosity.





Source link

Related articles

Norway oil output hits highest in a decade on new Equinor area

Picture: Equinor  Picture: Equinor (Bloomberg) – Norway’s month-to-month oil manufacturing jumped to the very best...

When you’re engaged on advanced initiatives at work, this $15 app makes them simpler

TL;DR: Flip advanced initiatives into easy duties with a lifetime license to Microsoft Challenge Professional, now solely $15. Managing advanced initiatives will get simpler when you will have the best instruments in place. As an alternative of...

S&P 500 at a Crossroads as Liquidity Drains, Yield Spreads Weigh

Shares had a unstable session, broadly ending decrease. The sharp morning sell-off on Wednesday was surprising, although the rebound was not. The actual take a look at comes at present with $44 billion...

Crocs: Nonetheless An Underrated Money Cow (NASDAQ:CROX)

This text was written byObserveThanks for studying my articles. I am an unbiased monetary author and Chartered Monetary Analyst. I beforehand labored for Constancy Worldwide and Bloomberg. My writing focus is on high...

Ethereum Worth Features Fade as Key Obstacles Maintain Agency, One other Dip Doable

Ethereum worth began a restoration wave from the $4,050 zone. ETH is now again above $4,220 but it surely faces many hurdles close to $4,400. Ethereum began a restoration wave above the $4,150 and...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com