Offshore staff

HAMILTON, Bermuda --Seadrill has signed a turnkey contract with Samsung Shipyard for a third ultra deepwater drillship for $598 million with delivery scheduled in June 2010.

The drillship will be dynamically positioned and capable of operating in water depths up to 10,000 ft (3,048 m) in deepwater areas such as the Gulf of Mexico, off Brazil, and West Africa, according to Seadrill.

07/12/2007