Seadrill Secures New Contract for West Hercules


HAMILTON, Bermuda, Jan. 17, 2007 (PRIME NEWSWIRE) -- Seadrill has been awarded a contract by Husky Oil China Ltd. on the Chinese continental slope for the deepwater semi-submersible drilling rig West Hercules. The contract has a firm duration of three years with estimated contract value of approximately US$580 million, including mobilization fee. West Hercules is currently under construction at Daewoo Shipyard in South Korea and is scheduled for delivery in the second quarter 2008.


 Seadrill Limited 
 Hamilton, Bermuda 
 January 17, 2007


            

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