West Phoenix extends North Sea stay

Seadrill reports receipt of a letter of award from Total E&P UK Ltd. for the deepwater semisubmersible rig West Phoenix on the UK continental shelf.

Apr 30th, 2010

Offshore staff

HAMILTON, Bermuda -- Seadrill reports receipt of a letter of award from Total E&P UK Ltd. for the deepwater semisubmersible rig West Phoenix on the UK continental shelf. The $488-million agreement is a multi-well contract of an estimated three-year duration.

The rig, a sixth-generation, DP3 with full dual-capacity will begin the assignment about January 2012 after completing a current contract with Total E&P Norge AS.

04/30/2010

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