SDRL - Seadrill secures a one-year contract for the ultra-deepwater newbuild West Leo
(Thomson Reuters ONE) -
Hamilton, Bermuda, October 7 , 2011 - Tullow Oil Ghana Ltd., a subsidiary of
Tullow Oil plc has awarded Seadrill a one-year contract for operations offshore
Ghana with the newbuild ultra-deepwater semi-submersible rig West Leo. The
potential contract revenue for the one-year period is US$204 million which
includes US$18 million in mobilization revenue. In addition, the rig can earn a
daily performance bonus of up to 10 percent.
West Leo is currently under construction at Jurong Shipyard in Singapore with
delivery scheduled for the end of January 2012. The unit will subsequently start
its transit to Ghana where commencement on the Tullow contract is expected in
mid April 2012. West Leo will be the second unit of the Moss Maritime CS50 Mk II
design that Seadrill puts into operations.
Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS, says, "We
are very pleased to have secured our first deepwater contract with Tullow, a
fast growing and dynamic independent oil and gas company. We believe Ghana,
which is one of the most promising new deepwater frontiers, may offer
significant opportunities for us going forward. We continue to strengthen our
revenue backlog and have with this contract secured attractive employment for
all our deep and ultra-deepwater units.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Seadrill Limited via Thomson Reuters ONE
[HUG#1553033]
Unternehmensinformation / Kurzprofil:
Datum: 07.10.2011 - 13:30 Uhr
Sprache: Deutsch
News-ID 73896
Anzahl Zeichen: 2137
contact information:
Town:
Hamilton
Kategorie:
Business News
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