April 2, 2012 / 1:52 PM / in 6 years

UPDATE 1-Ensco contracts ultra-deepwater drillship to BP

April 2 (Reuters) - Ensco Plc, owner of the world’s second-largest offshore drilling fleet, said it has contracted an ultra-deepwater drillship to BP for five years, adding more than $1 billion to Ensco’s revenue backlog.

The new ENSCO DS-6, delivered from Samsung Heavy Industries’ shipyard in South Korea, has been contracted for about $522,000 per day.

Oil companies such as BP have been eyeing deepwater drilling to boost their oil output in recent years as their access to on-shore fields has been limited.

The drillship is expected to commence the contract in late fourth quarter this year, Ensco said. The contract also includes two one-year options at mutually agreed rates, it added.

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