Deepsea Mira Heading to Walvis Bay After Completing Shell Contract

The Deepsea Mira drilling rig is on its way to Walvis Bay after successfully completing its drilling contract with Shell> offshore Namibia. The rig, owned by Northern Ocean and managed by Odfjell Drilling, completed its contract on 2 July 2026 after starting work on 4 April 2026.

During the contract, the Deepsea Mira earned its full contractual day rate through to completion. Although Shell had the option to extend the contract for a second well, the company decided not to do so. According to Northern Ocean, the contract is expected to generate approximately USD31 million (about N$503 million) in revenue, which will be included in the company’s second-quarter financial results. The company said operating costs remained in line with expectations.