Seadrill jack-up going to Vietnam

Seadrill has secured a letter of award with Vietsovpetro for an assignment in Vietnam of the jack-up drilling rig West Larissa.

Offshore staff

HAMILTON, Bermuda -- Seadrill has secured a letter of award with Vietsovpetro for an assignment in Vietnam of the jack-up drilling rig West Larissa.

The six-well assignment is expected to last 360 days, with a contract value of approximately $66 million.

Start-up of operations is scheduled in direct continuation of the rig's current commitments. TheWest Larissa is operating offshore Indonesia.

4/12/2007

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