Seadrill Sells FPSO Crystal Sea
Thursday, February 22, 2007
Seadrill Limited, the owners of the Crystal Sea, have completed a sale of the FPSO vessel to BW Offshore. The total consideration for the FPSO vessel is $80 million of which $60 million in cash and U20 million in BW Offshore
shares. BW Offshore Limited is a Oslo Stock Exchange listed company.