Seadrill Secures Contract for West Hercules

Wednesday, January 17, 2007

Seadrill has been awarded a contract by Husky Oil China Ltd. on the Chinese continental slope for the deepwater semi-submersible drilling rig West Hercules. The contract has a firm duration of three years with estimated contract value of approximately $580m, including mobilization fee. West Hercules is currently under construction at Daewoo Shipyard in South Korea and is scheduled for delivery in the second quarter 2008.

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