Seadrill's West Sirius destined for GoM

Sept. 7, 2006
Seadrill has signed a letter of intent on a four-year contract for the semi West Sirius in the Gulf of Mexico.

Offshore staff

HAMILTON, Bermuda -- Seadrill has signed a letter of intent on a four-year contract for the semi West Sirius in the Gulf of Mexico.

The operator has an option to extend the contract for one or two years. The estimated contract value is between $690 million and $980 million, depending upon duration.

West Sirius is under construction at Jurong Shipyard in Singapore with delivery scheduled 2Q08.

9/7/06