Seadrill Gets Contract for West Aquarius

Monday, August 20, 2007
Reference is made to the Letter of Intent disclosed to the Oslo Stock Exchange July 10, 2007 regarding the assignment awarded to the ultra deepwater semi-submersible drilling unit West Aquarius. Seadrill confirms that the operator ExxonMobil has signed the award for the long-term contract to utilize West Aquarius for international exploration activities. The contract has a firm duration of three years and estimated contract value is approximately $570m. West Aquarius is currently under construction at Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea and is scheduled for commencement of operations at the end of the third quarter of 2008.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1192 sec (8 req/sec)