Seadrill gets LOI for West Navigator to work Ormen Lange

Norske Shell has issued a letter of intent to Seadrill on behalf of operator Norse Hydro to use the drillship West Navigator on Ormen Lange field in the Norwegian Sea.

Offshore staff

HAMILTON, Bermuda --Norske Shell has issued a letter of intent to Seadrill on behalf of operator Norse Hydro to use the drillship West Navigator on Ormen Lange field in the Norwegian Sea.

The $806-million contract is scheduled to begin on Oct. 1, 2007, and run for four years and nine months.

The agreement is subject to approval by Ormen Lange partners.

12/08/2006

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