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03 AUG 2026 MONDAY
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John Fredriksen-controlled Northern Ocean, a semisub spin-off of Northern Drilling, has won more work for one of its rigs. Oil and gas player Rhino Resources opted to amend the contract for the 2018-built Deepsea Mira awarded to the company earlier this year. Namely, Northern Ocean won a contract in July for one firm well for Rhino, one firm well for another operator, and three optional wells, with an estimated firm duration of 112 days and a projected value of around $40m. The rig was originally hired to drill the Volans-1X exploration well in Namibia, the third successive well to be drilled on PEL85 by Rhino and its partners NAMCOR, Korres Investments, and Azule Energy. Operations started in mid-July 2025. Rhino Resources has now decided to incorporate an additional firm well test and extend the rig contract by a total of 28 days. The additional well test will take place before the existing three optional wells. This extension will increase Northern Drilling’s firm backlog to approximately $394m. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsNamibia Norway
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news Splash247 ·2025-11-12

Rhino Resources extends Northern Ocean rig campaign off Namibia

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