Newfield contracts semi West Berani

Newfield Peninsula Malaysia contracted with SeaDrill Ltd. for the semisubmersible West Berani. for two years starting January 2007.

Offshore staff

HAMILTON, Bermuda -- Newfield Peninsula Malaysia contracted with SeaDrill Ltd. for the semisubmersible West Berani. for two years starting January 2007.

The contract value is estimated at $87 million for the rig, which currently is under construction with a 4Q06 completion date. Duration of the agreement is two years.

7/31/06

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