Seadrill confirms contract for West Capella

Offhore staff

HAMILTON, Bermuda -- Seadrill has confirmed that a consortium of international operators has signed a long-term contract for the ultra deepwater drillship West Capella.

The $970-million contract has a firm duration of five years and includes a mobilization fee.

TheWest Capella is under construction at the Samsung Shipyard in South Korea and is scheduled to begin operations in 1Q 2009.

7/10/2007