SDRL – Seadrill extends contract for tender rig

SDRL – Seadrill extends contract for tender rig

Seadrill and Brunei Shell Petroleum have in principle reached an agreement to extend the contract for the semi-tender rig West Pelaut. The extension has duration of three years with commencement in April 2009 in direct continuation of the existing work. West Pelaut is a first generation self-erecting semi-submersible tender rig that was built in 1994 and has been working for Brunei Shell Petroleum continuously since delivery. The estimated contract value for the extension is approximately US$153 million.

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