SDRL - Seadrill secures letter of intent for newbuild deepwater unit
Seadrill has been awarded a letter of intent by an international E & P operator for one of the newbuild deepwater units under construction in Korea/Singapore. The contract has a firm duration of five years, and estimated contract value is approximately US$970 million, including mobilization fee.
Analyst contact: Jim Dåtland Vice President Investor Relations Seadrill Management AS +47 51 30 99 19 Media contact: Kjell E Jacobsen Chief Executive Officer Seadrill Management AS +47 51 30 99 19
Seadrill Limited Hamilton, Bermuda April 30, 2007