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    Ocean Rig secures new contract for Eirik Raude

    Contracts, Tenders and Rates // October 24, 2003
    TGS-NOPEC Geophysical Company has announced that it has begun acquiring a new multi-client 3-D survey offshore Côte d'Ivoire.

    Following a series of successful 2-D surveys offshore Sierra Leone, Liberia and Nigeria, this well pre-funded 2,400 square kilometer deepwater 3-D project expands TGS-NOPEC's presence into a promising new West African basin. TGS-NOPEC has contracted WesternGeco's Regent in a ten-streamer configuration to acquire this programme.

    *region:The Americas
    Ocean Rig has entered into an agreement with Repsol YPF Cuba SA in the form of a Letter of Intent to drill one well offshore located in the economic exclusive zone (EEZ) of Cuba in deep water (1,650m), including one option with it's semi submersible drilling rig: Eirik Raude. The agreed day rate is US$195,000 per day.

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