Devon extends Seadrill contract

June 27, 2008
Devon Energy has opted to extend its contract with Seadrill for the deepwater semisubmersible, West Sirius, from four to six years.

Offshore staff

HAMILTON, Bermuda -- Devon Energy has opted to extend its contract with Seadrill for the deepwater semisubmersible, West Sirius, from four to six years.

The full six-year period contract value totals $1.025 billion, including escalation from initial contract award up to present date.

06/27/2008