SDRL - Seadrill secures long-term contracts for two jack-up rigs
(Thomson Reuters ONE) -
Hamilton, Bermuda, August 9, 2011 - Seadrill has been awarded two new contracts
by KJO (AL-Khafji Joint Operations) in the joint development zone between the
Kingdom of Saudi Arabia and Kuwait for the jack-up rigs West Triton and Offshore
Resolute. The assignments which will commence in direct continuation of their
current contracts in Southeast Asia are each for a firm period of 3 years plus
the time required to mobilize to the Arabian Gulf. Each contract also includes
an option for KJO to extend the term for a further 1 year.
Alf C. Thorkildsen, Chief Executive Officer in Seadrill Management AS says,
"These new contracts will strengthen the relationship with KJO, one of the key
customers in the Arabian Gulf. In addition, relocating two rigs for term work
and at attractive market rates serves our strategic desire to increase our long
term presence in this active oil and gas region."
Analyst contact:
Jim Dåtland
Vice President 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 acc. to §5-12 vphl
(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#1537037]
Unternehmensinformation / Kurzprofil:
Datum: 09.08.2011 - 08:51 Uhr
Sprache: Deutsch
News-ID 57071
Anzahl Zeichen: 1937
contact information:
Town:
Hamilton
Kategorie:
Business News
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