Seadrill secures West Ariel LoI

March 14, 2008
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