West Bollsta

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escveritas
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West Bollsta

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West Bollsta is one of the world’s most advanced drilling rigs. She is based on the Moss Maritime CS60 design, capacity of drilling in water depth of up to 10,000 feet, NCS compliant and fully winterized making them capable of drilling in all harsh environment areas globally.

Built 2019
Yards Hyundai Heavy Industries
Design Moss Maritime CS-60Mk
Drilling equipment Single + offline
Static hook load 2,5 MM lbs
Water depth capacity 10,000 feet
Accommodation 140 single
Variable deck load 7,500
Thruster capacity 8 x 4,800
Dynamic positioning Posmoor ATA/8 point mooring
Winterized Yes

West Bollsta commenced operations

Northern Ocean Ltd. (“NOL”) is pleased to announce on October 6th the harsh environment semi-submersible drilling rig West Bollsta commenced its operations for Lundin Energy Norway AS (“Lundin”) in the Barents Sea.

The West Bollsta’s initial contract is for work in the Norwegian continental shelf under a 10 well contract with 4 additional option wells available to Lundin. As previously disclosed, the estimated backlog value for the firm period is approximately USD 200m, excluding any performance bonus and additional services. Seadrill continues to manage and operate the rig from delivery through the contract term.

The West Bollsta delivered in June 2019, represents a new generation, high specification harsh environment semi-submersible drilling rig focusing on a broader specter of capabilities, a larger operating area, a high load carrying capacity, improved safety and working environment as well as a special environmental focus.
escveritas
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Re: West Bollsta

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Northern Ocean Ltd (the “Company” or “NOL”) has agreed to an amendment of the West Bollsta drilling contract with Lundin Energy Norway AS deferring the commencement of drilling activities to early fourth quarter 2020.

During the idle period the rig will remain in Norway and compensation for operating costs will be provided until commencement of drilling activities.

Considering the current market conditions and impacts from the global COVID-19 pandemic, the amendment reflects commitment from both Parties to find acceptable solutions for delays and the West Bollsta remains a part of Lundin’s long term drilling program.
escveritas
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Re: West Bollsta

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