SDRL - Seadrill secures contract extension for West Pelaut in Brunei

SDRL - Seadrill secures contract extension for West Pelaut in Brunei

ID: 49020

(Thomson Reuters ONE) -


Hamilton, Bermuda, November 23, 2010 - Seadrill has been awarded a new contract
extension by Brunei Shell Petroleum for the semi-tender assist rig West Pelaut.
The production drilling assignment has a firm duration of three years, and the
contract value is estimated to approximately US$131 million.

The new contract is scheduled to start in direct continuation of the current
contract with Shell, at the end of the first quarter 2012.

Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS, says,"It
was Shell's forward thinking and support of the semi-tender assist concept that
enabled the construction of West Pelaut as the first semi-submersible tender
assist platform drilling rig in 1994. West Pelaut has since delivery worked
continuously for Brunei Shell Petroleum and recently received the Shell Rig of
the Year Award within the tender/platform category. We view this contract
extension as an excellent opportunity to build further our strong relationship
with Shell and look forward to continue developing the tender assist concept
into deep water projects with Shell as a valued operator."


Analyst contact:
Jim Dåtland
Vice President Investor Relations
Seadrill Management AS
+47 51 30 99 19

Media contact:
Esa Ikãheimonen
Chief Financial Officer
Seadrill Management AS
+47 51 30 99 19

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1464726]








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Source: Seadrill Limited via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 23.11.2010 - 09:19 Uhr
Sprache: Deutsch
News-ID 49020
Anzahl Zeichen: 2216

contact information:
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