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Seadrill contracts two ultra-deepwater drilling rigs still under construction

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Offshore staff

HAMILTON, Bermuda – Seadrill has found work for two new ultra-deepwater newbuild semisubmersible drilling rigs.

The West Capricorn has a firm five-year contract to work in North America with a potential value of $919 million. The unnamed oil company can extend the agreement for two added one-year periods. The rig is under construction at Jurong Shipyard, Singapore, and scheduled for delivery late this year. West Capricorn is a Friede & Goldman ExD Millenium design. Seadrill says the rig will be the first ultra-deepwater unit in the industry outfitted with a seven-ram blowout preventer.

The West Leo semisubmersible drilling rig, also under construction at Jurong and scheduled for delivery in January 2012, has a one-year contract with Tullow Oil Ghana Ltd. West Leo is a Moss Maritime CS50 Mk II design.

10/07/2011

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