{"id":2438,"date":"2014-12-31T11:47:52","date_gmt":"2014-12-31T10:47:52","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=2235"},"modified":"2015-05-20T18:59:50","modified_gmt":"2015-05-20T18:59:50","slug":"seadrill-to-purchase-ultra-deepwater-drillship-west-polaris","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/seadrill-to-purchase-ultra-deepwater-drillship-west-polaris\/","title":{"rendered":"Seadrill to purchase ultra-deepwater drillship West Polaris"},"content":{"rendered":"<div class=\"hugin\">[twitter-follow screen_name=&#8217;oilnewskenya&#8217;]<\/div>\n<div id=\"suggestion-block\" class=\"hugin\">Seadrill Limited has\u00a0announced it has exercised a purchase option for the West Polaris, a 6th generation Ultra-Deepwater drillship, from Ship Finance International Limited.<\/div>\n<div id=\"suggestion-block\" class=\"hugin\"><\/div>\n<div id=\"suggestion-block\" class=\"hugin\">The West Polaris was acquired by Ship Finance in 2008 and subsequently bareboat chartered to Seadrill with purchase options commencing in 2012.The purchase option price is US$456 million and total consideration payable to Ship Finance is US$108 million.<\/div>\n<div class=\"hugin\"><\/div>\n<div class=\"hugin\">The transaction will be executed as a purchase of shares in Ship Finance&#8217;s asset owning subsidiary SFL West Polaris Limited, which is currently a consolidated entity in Seadrill.<\/div>\n<div class=\"hugin\"><\/div>\n<div class=\"hugin\">Currently Seadrill is in possession of 10 drillships a majority of which are operating West African waters of Angola and Nigeria with another eight under construction by Samsung and DSME.<\/div>\n<div class=\"hugin\">[twitter-follow screen_name=&#8217;oilnewskenya&#8217;]<\/div>\n","protected":false},"excerpt":{"rendered":"<p>[twitter-follow screen_name=&#8217;oilnewskenya&#8217;] Seadrill Limited has\u00a0announced it has exercised a purchase option for the West Polaris, a 6th generation Ultra-Deepwater drillship, from Ship Finance International Limited. The West Polaris was acquired &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/seadrill-to-purchase-ultra-deepwater-drillship-west-polaris\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":2242,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[649,654,2238,2266,2305,2722],"class_list":["post-2438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-drillship","tag-dsme","tag-samsung","tag-seadrill","tag-ship-finance","tag-west-polaris","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/12\/westpolaris.jpg?fit=468%2C351&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-Dk","jetpack-related-posts":[{"id":12179,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-sonadrill-lands-new-ten-well-contract\/","url_meta":{"origin":2438,"position":0},"title":"ANGOLA: Sonadrill Lands New Ten Well Contract","author":"","date":"April 25, 2022","format":false,"excerpt":"Seadrill Limited has announced a new contract has been secured by Sonadrill Holding Ltd, Seadrill\u2019s 50:50 joint venture with an affiliate of Sonangol E.P. . Sonadrill has secured a ten-well contract with options for up to eight additional wells in Angola for the West Gemini drillship. Total contract value for\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/04\/Seadrill-West-Gemini.jpg?fit=640%2C480&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/04\/Seadrill-West-Gemini.jpg?fit=640%2C480&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/04\/Seadrill-West-Gemini.jpg?fit=640%2C480&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":10326,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-sonangol-seadrill-sign-contract-for-joint-venture-quenguela-drillship\/","url_meta":{"origin":2438,"position":1},"title":"ANGOLA: Sonangol, Seadrill Sign Contract for Joint Venture Quenguela Drillship","author":"","date":"May 15, 2021","format":false,"excerpt":"Seadrill has announced a new contract has been secured by Sonadrill Holding Ltd (Sonadrill), the 50:50 joint venture with an affiliate of Sonangol E.P.\u00a0 Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. Total\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Sonangol-Quenguela-drillship.jpg?fit=750%2C500&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Sonangol-Quenguela-drillship.jpg?fit=750%2C500&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Sonangol-Quenguela-drillship.jpg?fit=750%2C500&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Sonangol-Quenguela-drillship.jpg?fit=750%2C500&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12774,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-seadrill-limited-awarded-new-contract-for-the-libongos-drillship\/","url_meta":{"origin":2438,"position":2},"title":"ANGOLA: Seadrill Limited Awarded New Contract for the Libongos drillship","author":"","date":"November 3, 2022","format":false,"excerpt":"Seadrill has announced a new extension has been secured by Sonadrill Holding Ltd, Seadrill\u2019s 50:50 joint venture with an affiliate of Sonangol E.P.\u00a0 Sonadrill has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day. Total contract value for the firm portion of the contract is\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/04\/Seadrill-West-Gemini.jpg?fit=640%2C480&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/04\/Seadrill-West-Gemini.jpg?fit=640%2C480&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/04\/Seadrill-West-Gemini.jpg?fit=640%2C480&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1830,"url":"https:\/\/www.oilnewskenya.com\/index.php\/maersk-drilling-unveils-fourth-ultra-deepwater-drillship\/","url_meta":{"origin":2438,"position":3},"title":"Maersk Drilling unveils fourth ultra deepwater drillship","author":"Samuel Kamau Mbote","date":"September 26, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Maersk Drilling\u2019s fourth ultra deepwater drillship was named yesterday\u00a0morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lene Berg, wife of Gregers Kudsk, Vice President in Maersk Drilling, had the honour of naming the drillship Maersk Voyager. Maersk Voyager is the\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/maersk.png?fit=686%2C453&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/maersk.png?fit=686%2C453&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/maersk.png?fit=686%2C453&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":11010,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-maersk-drilling-awarded-contract-extension-to-drill-world-record-well\/","url_meta":{"origin":2438,"position":4},"title":"ANGOLA: Maersk Drilling Awarded Contract Extension to Drill World Record Well","author":"","date":"October 18, 2021","format":false,"excerpt":"TotalEnergies E&P Angola has exercised an option for the 7th\u00a0generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola\u2019s Block 48. The contract extension has an estimated duration of 54 days, which means that Maersk Voyager is now contracted until February 2022. The work on Ondjaba-1 commenced\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/10\/Maersk-Voyager.jpg?fit=1000%2C750&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/10\/Maersk-Voyager.jpg?fit=1000%2C750&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/10\/Maersk-Voyager.jpg?fit=1000%2C750&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/10\/Maersk-Voyager.jpg?fit=1000%2C750&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14807,"url":"https:\/\/www.oilnewskenya.com\/index.php\/west-africa-valaris-announces-2-year-contract-award-for-drillship-valaris-ds-10\/","url_meta":{"origin":2438,"position":5},"title":"WEST AFRICA: Valaris Announces 2-Year Contract Award for Drillship VALARIS DS-10","author":"","date":"April 2, 2025","format":false,"excerpt":"Valaris Limited has announced that it has been awarded a two-year contract offshore West Africa for drillship VALARIS DS-10 that is expected to commence late in the second quarter or in the third quarter 2026. The total contract value for the firm term is $352 million. The total contract value\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/VALARIS-DS.jpg?fit=664%2C455&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/VALARIS-DS.jpg?fit=664%2C455&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/VALARIS-DS.jpg?fit=664%2C455&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/2438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=2438"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/2438\/revisions"}],"predecessor-version":[{"id":2973,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/2438\/revisions\/2973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/2242"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=2438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=2438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=2438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}