TotalEnergies has extended its contract with international drilling contractor Northern Ocean for the Deepsea Mira semi-submersible rig in West Africa.
The French energy major has exercised its option for an 180-day extension – reaching Q4 in 2024 – which is poised to generate an additional revenue backlog of $68-75 million.
The Deepsea Mira initially entered into a multi-country drilling contract with TotalEnergies in December 2022, yet encountered delays in equipment loading and essential maintenance during transit.
Despite these setbacks, the rig commenced operations last June, focusing on offshore drilling to appraise Namibia’s Venus discovery in Q3 2023.
TotalEnergies is seeking to apply cutting-edge drilling capabilities to advance exploration across the West African region.
