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.

Shipbuilding

MV WERFTEN, Foreship Sign Design Agreements

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Zumaia Offshore Acqires MPP Workboat Aitana B

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Offshore

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US Offshore Lease Sale Yields $18 Mln in High Bids

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Canada May Ask Far-offshore Drillers to Pay Extra

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