ASIA

Unocal terminates West Alliance contract, ConocoPhillips wants T-3: Smedvig

Smedvig has announced Unocal Indonesia will be dropping its contract for the semi-tender West All...

In a statement Smedvig said, “West Alliance is contracted for production drilling on the West Seno field offshore Indonesia, currently operating on the TLP A platform. The contract also included drilling from the TLP B platform.”

“However, due to postponement of TLP B, West Alliance will be released after completion of the drilling program on the West Seno TLP A,” it added.

On a separate note, the Norwegian firm announced it been awarded a letter of intent by ConocoPhillips for the self-erecting T-3 tender rig.

According to Smedvig, “The contract value is estimated to approximately US$4.5 million, including mobilisation and demobilisation fee of US$1.8 million. The production drilling assignment in Indonesia has a duration of approximately 60 days, scheduled to start mid October 2004.”

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