Offshore drilling contractor Northern Ocean has secured a contract award from oil major Shell for operations in Namibia. Northern Ocean said that it won a contract award for the Deepsea Bollsta semi-submersible rig from Shell for work in a benign environment market. The contract is expected to start in the middle of the fourth quarter of 2022 and has an estimated firm duration of twelve months plus one six-month option. According to the offshore driller, the contract with Shell adds approximately $124 million of firm revenue backlog to the company,…
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