SDRL - Announces contract extension for West Tellus
(Thomson Reuters ONE) -
Hamilton, Bermuda, March 23, 2016 - Seadrill Limited ("SDRL" or "the Company")
has been awarded an 18 month contract extension for the drillship West Tellus by
Petroleo Brasileiro SA ("Petrobras"), commencing in April 2018 and securing work
for the unit through the end of October 2019. The total backlog for the contract
extension is approximately $164 million.
As part of the agreement to extend the West Tellus, the Company has agreed to a
dayrate reduction on the current contract effective from February 26(th), 2016,
resulting in a $132 million reduction in backlog.
The net effect of this agreement is a $32 million increase in backlog.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1997052]
Unternehmensinformation / Kurzprofil:
Datum: 23.03.2016 - 07:27 Uhr
Sprache: Deutsch
News-ID 459317
Anzahl Zeichen: 1386
contact information:
Town:
Hamilton
Kategorie:
Business News
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