West Callisto Drills for Total Offshore Myanmar
According to the Seadrill’s Fleet Status Report for May, Total has hired the rig on a three-month contract. The contract, expiring in mid-July, will bring approximately $12 million to Seadrill.
Total operates the Yadana field (31.2%). Located on offshore Blocks M5 and M6, this field produces gas that is delivered mainly to PTT (the Thai state-owned company) to be used in Thai power plants.
The Yadana field also supplies the domestic market via a land pipeline and, since June 2010, via a sub-sea pipeline built and operated by Myanmar’s state-owned company MOGE.
Following the completion of drilling operations in Myanmar, the rig will leave south-east Asia in which it has been operating since 2010. West Callisto will move to Middle East to commence drilling operations offshore Saudi Arabia under a three-year contract with Saudi Aramco. The drilling program is scheduled to start in September 2012
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Posted on May 22, 2012, in Asia, Myanmar (Burma), Southeast Asia and tagged Asia, Burma, drills, Middle East, Myanmar, Offshore, Saudi Arabia, Saudi Aramco, Seadrill, Southeast Asia, Total, West Callisto, Yadana gas field. Bookmark the permalink. Comments Off on West Callisto Drills for Total Offshore Myanmar.