SDRL - Seadrill secures contract for semi-tender newbuild
(Thomson Reuters ONE) -
Hamilton, Bermuda, December 27, 2011- Seadrill has been issued a letter of award
by Hess Equatorial Guinea, Inc. to enter into an eight well drilling contract
offshore Equatorial Guinea for the semi-tender rig West Esperanza. The
anticipated contract duration is a minimum of 18 months, with corresponding
potential revenues of approximately $127 million plus mobilization fee. West
Esperanza, which Seadrill ordered on speculation in June 2011, is currently
under construction at Keppel FELS yard in Singapore. Construction is scheduled
for completion in early second quarter of 2013. Following mobilization from
Singapore to Equatorial Guinea, the rig is scheduled to commence operation at
the end of the second quarter of 2013.
Alf C Thorkildsen, CEO in Seadrill Management AS, says in a comment, "We are
delighted to have agreed our first operation for Hess in Africa. This award
represents our first tender rig operation in Equatorial Guinea and grows the
international footprint of the tender rig concept. Furthermore, the assignment
confirms our strong market position within this segment and demonstrates the
high demand for new premium offshore drilling equipment."
This disclosure contains forward-looking statements. Forward-looking statements
are only predictions and are not guarantees of future performance. Investors
are cautioned that any such forward-looking statements are and will be, as the
case may be, subject to many risks, uncertainties and factors that may cause the
actual results to be materially different from any future results expressed or
implied in such forward-looking statements. The Company expressly disclaims a
duty to update any of the forward-looking statements.
Analyst contact:
Jim Dåtland
VP Investor Relations
Seadrill Management AS
+47 51 30 99 19
Media contact:
Alf C Thorkildsen
Chief Executive 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#1573892]
Unternehmensinformation / Kurzprofil:
Datum: 27.12.2011 - 08:50 Uhr
Sprache: Deutsch
News-ID 99896
Anzahl Zeichen: 2827
contact information:
Town:
Hamilton
Kategorie:
Business News
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"SDRL - Seadrill secures contract for semi-tender newbuild"
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