Sources close to the developments told Upstream that a sub-lease contract for the Dhirubhai Deepwater KG2 (DD-KG2) is imminent. They suggested that CNOOC will take advantage of an opportunity to use the unit when it is en route from Samsung Heavy Industries in South Korea to India.
Last year, Reliance awarded a five-year contract for the DD-KG2 to Transocean and the contract is expected to commence in the first quarter of 2010, following shipyard construction, sea trials, mobilisation to India and customer acceptance.
Sources
