The Seadrill jack-up drilling rig West Janus has secured new employment with a major operator in South East Asia. The assignment has a duration of three years and the estimated contract value is approximately US$164 million. Start-up of operations is scheduled in the third quarter 2008, in direct continuation of the rig's existing contractual commitments. The rig will perform a brief yard-stay later this year to prepare the rig for the new assignment. The West Janus is currently operating offshore Malaysia.
Analyst contact:
Jim Dåtland
Vice President Investor Relations
Seadrill Management AS
+47 51 30 99 19
Media contact:
Trond Brandsrud
Chief Financial Officer
Seadrill Management AS
+47 51 30 99 19
Seadrill Limited
Hamilton, Bermuda
January 14, 2008