SDRL - Seadrill secures letter of intent for jack-up rig West Epsilon
(Thomson Reuters ONE) -
Seadrill has received a letter of intent from Statoil for the harsh environment,
heavy duty jack-up drilling rig West Epsilon on the Norwegian Continental Shelf.
The letter of intent represents a four-year contract with an estimated contract
value of approximately US$394 million (which partly is paid in Norwegian kroner
and US dollar). Start-up is scheduled for December 29, 2010, in direct
continuation of the drilling rig's present assignment. The new contract will
keep the unit employed until January 2015.
West Epsilon is presently operating for Statoil on the Sleipner field in The
North Sea.
Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS says, "We
are pleased to secure this assignment for the West Epsilon jack-up which will
contribute to grow our order backlog and earnings visibility, providing an
important foundation for continued quarterly dividend payment".
Contact:
Trond Brandsrud
Chief Financial Officer
Seadrill Management AS
+47 51 30 99 19
Seadrill Limited
Hamilton, Bermuda
March 17, 2010
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1394745]
Unternehmensinformation / Kurzprofil:
Datum: 17.03.2010 - 08:43 Uhr
Sprache: Deutsch
News-ID 17607
Anzahl Zeichen: 0
contact information:
Town:
Hamilton
Kategorie:
Business News
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