Seadrill secures West Ariel LoI

A major operator has issued an LoI to Seadrill for the jackup newbuild West Ariel.

Offshore staff

HAMILTON, Bermuda -- A major operator has issued an LoI to Seadrill for the jackup newbuild West Ariel. The one-year contract is worth $72 million, including mobilization fee. The assignment is for drilling operations in Southeast Asia, beginning in 2Q 2008.

West Ariel is currently under construction at KFELS in Singapore.

03/14/2008

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