HAMILTON, Bermuda, July 31, 2006 (PRIMEZONE) -- The semi-submersible self-erecting tender rig West Berani has been awarded a letter of intent by Newfield Peninsula Malaysia Inc. The contract has a duration of two years, with commencement January 2007. Estimated contract value is approximately US$87 million. West Berani is currently under construction, scheduled for delivery in the fourth quarter 2006.
Seadrill Limited Hamilton, Bermuda July 31, 2006