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Olympia to remain off West Africa
Posted 11.05.2012 10:20:49 av John Bradbury
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Ocean Rig has secured a new contract for its drillship Olympia with Total E&P offshore West Africa.

Ocean Rig Olympia has been contracted for three years of drilling offshore West Africa with Total under a deal worth US $652 million, which continues the rig's current contract with Total.

Two years of options are included in the contract.

Ocean Rig started its relationship with Total with a contract for the Leiv Eiriksson in the North Sea, said Ocean Rig chairman and chief executive George Economou. “With five high specification rigs open in 2013 we are well positioned to leverage the prevalent strong day rate environment for the deepwater market,” Economou said.
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