The assignment, due to be completed by Transocean’s semi-submersible Sedneth 701 and already delayed multiple times, will not meet its expected start date of 31 July, the company said.
“The drilling of Oyo-7 has been delayed due to unanticipated drilling problems at its current location and efforts are being made to resolve the problems and release the rig to Allied,” Camac continued.
More details will be provided in a 13 August second-quarter results conference call, the company said.
In January the duo said they had secured a sub-contract from Nigerian Petroleum Development Corporation (NPDC) for the semisub for a slot between April and August.
*Kathrine Schmidt, Upstreamonline