Diamond Offshore announced it has entered into a contract with BOE Exploration & Production LLC for the Diamond-managed drillship Vela for work in the U.S. Gulf of Mexico. The Vela was awarded a contract with a minimum duration of 225 days for a total value of approximately $88 million. The contract also includes options for up to an additional five to seven wells.
Work under the new contract is expected to commence in the first quarter of 2023.
Source: Diamond
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