SDRL - North Atlantic Drilling secures extension of contract for West Alpha
(Thomson Reuters ONE) -
Hamilton, Bermuda, June 28, 2012 - North Atlantic Drilling has received a letter
of intent from ExxonMobil for assignment of the harsh environment semi-
submersible drilling unit West Alpha. The extension has a firm period of two
years with an estimated revenue value of US$410 million. Commencement of
operations under the contract extension is expected in the third quarter of
2014, in direct continuation of the next assignment for West Alpha on the Balder
field. Consequently, West Alpha has secured firm contracts that will keep the
rig employed to third quarter 2016.
The customer has an option to extend the contract with one additional year at
the same terms as for the first two years.
Seadrill has a 74% ownership interest in North Atlantic Drilling Ltd.
Analyst contact:
Jim Dåtland
VP Investor Relations
Seadrill Management AS
+47 51 30 99 19
Media contact:
Rune Magnus Lundetræ
Chief Financial Officer
Seadrill Management AS
+47 51 30 99 19
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
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Sprache: Deutsch
News-ID 160838
Anzahl Zeichen: 1810
contact information:
Town:
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Kategorie:
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