Seawolf Oilfields, has been awarded a N22 billion contract for the supply of a jack up rig to the United States oil major, ExxonMobil. This is another major success for Nigerian content development.
A statement by Seawolf noted that the deal will see it supplying its premium jack up, christened ‘JU Oritsetimeyin’, to ExxonMobil for a two year term, commencing third quarter of 2013. The 300ft independent cantilever jack-up rig, JU Oritsetimeyin will commence work with ExxonMobil in the third quarters of 2013, following a refit to meet ExxonMobil’s safety, environment and operational requirements.
Industry experts said the development was indeed an indication of a rapidly rising capacity of indigenous drilling companies in the arena that had long been dominated by foreign firms.
The Seawolf’s Oritsetimeyin, in 2009 build had drilled a total of six oil wells for Total Exploration. Established in April 2007, SeaWolf Oilfields operates three jack up rigs, the Delta Queen, SeaWolf Oritsetimeyin and SeaWolf Onome.