SDRL - Seadrill secures letter of award for newbuild deepwater unit
(Thomson Reuters ONE) - Seadrill has received a letter of award from an international E&P operator forthe ultra-deepwater drillship West Gemini under construction. The letter ofaward represents a two-year contract with an estimated contract value ofapproximately US$345 million, including mobilization fee. Furthermore, theoperator has the right to extend the contract for an additional year at asimilar dayrate. West Gemini is expected to be completed early July 2010 andwill subsequently relocate from Korea to West Africa to commence operationsunder the two-year contract.Analyst contact:Jim D?andVice President Investor RelationsSeadrill Management AS+47 51 30 99 19Media contact:Trond BrandsrudChief Financial OfficerSeadrill Management AS+47 51 30 99 19Seadrill LimitedHamilton, BermudaFebruary 12, 2010This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)[HUG#1383986]
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Datum: 12.02.2010 - 05:22 Uhr
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