SDRL - Seadrill orders and secures drilling contracts for two new tender rigs
(Thomson Reuters ONE) -
Hamilton, Bermuda, February 28, 2011 - Seadrill has entered into an agreement
for the construction of two tender rigs with the COSCO Nantong Shipyard in
China. The two new units, T15 and T16, are scheduled for delivery in the first
quarter and third quarter 2013, respectively. Total project price is estimated
at US$225 million, which includes project management, drilling and handling
tools, spares and capitalized interest.
The two new units will be based on similar design and specifications as
recently built tender rigs, but with enhanced drilling capabilities allowing for
higher drilling efficiency including the advantage of a light weight drilling
equipment set.
Both of the two new tender rigs have been contracted to Chevron Thailand
Exploration and Production for a five-year period offshore Thailand. Estimated
contract value for the two units is approximately US$420 million. Commencement
of operations is scheduled in the second quarter 2013 and fourth quarter 2013.
Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS says,
"These newbuilds are an important addition to our present tender rig fleet. The
new orders increase earnings and visibility, and enhance the attractiveness of
our fleet. The US$420 million of new contracts demonstrates the competitiveness
of our tender rig concept. T15 and T16 will be added to a fleet of four tender
rigs already operating for Chevron, further strengthening our relationship with
a leading global client."
Analyst contact:
Jim Dåtland
VP Investor Relations
Seadrill Management AS
+47 51 30 99 19
Media contact:
Esa Ikäheimonen
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
[HUG#1492876]
Unternehmensinformation / Kurzprofil:
Datum: 28.02.2011 - 12:18 Uhr
Sprache: Deutsch
News-ID 51961
Anzahl Zeichen: 2605
contact information:
Town:
Hamilton
Kategorie:
Business News
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