Anadarko Petroleum hires drilling ships for prospecting activities in Mozambique

21 November 2011

Oslo, Norway, 21 Nov – US oil company Anadarko Petroleum has hired the services of the Bedford Dolphin drilling ship from Dolphin Drilling and another ship that is currently being built for a four-year period, the company said in Oslo Norway.

According to a statement issued in the city, the contract for the Bedford Dolphin ship will begin on 1 January 2012 and is the continuation of a contract with Anadarko Petroleum and the contract relating to the chip being built by South Korean group Hyundai Heavy Industries is expected to come into force in the fourth quarter of 2013.

The two contracts are worth US$701 million and US$727 million, respectively, and the drilling ships will support prospecting activities at sea in Mozambique.

Dolphin Drilling has its headquarters in Aberdeen, Scotland and, together with Dolphin a.s., headquartered in Stavanger, Norway, make up the drilling business of Norwegian group Fred. Olsen Energy ASA.

Anadarko is the operator of a block in the Rovuma basin with a 36.5 percent stake, with the remainder in the hands of Mitsui E&P Mozambique Area 1 (20 percent), BPRL Ventures Mozambique (10 percent), Videocon Mozambique Rovuma 1 (10 percent) and Cove Energy Mozambique Rovuma Offshore (8.5 percent) and state Mozambican company Empresa Nacional de Hidrocarbonetos (ENH) with 15 percent. (macauhub)