Total Extends Northern Ocean’s Deepsea Mira Gig in Africa

Monday, August 12, 2024

Northern Ocean has announced an extension of the contract with a subsidiary of TotalEnergies for continued work in Africa using the Deepsea Mira drilling rig.

The firm term of the contract is extended from October 2024 for one well and provides one additional well option. Northern Ocean says the extension from October provides firm revenue backlog of approximately $24.3-34.2 million, with the option to extend for an additional well, potentially adding a further approximately $26.9-36.9 million.

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