SDRL - Seadrill in negotiations for long-term contracts for deepwater rigs


Seadrill is at present in advanced discussions regarding long-term fixtures for a package of deepwater rigs that the Company has under construction at Asian yards.  The final clarification of these discussions is expected during the next 14 days.
 
 
 
Contact:
Jim Dåtland
Vice President Investor Relations
Seadrill Management AS
+47 51 30 99 19                              
 
Media contact:
Alf C. Thorkildsen
Chief Operating Officer
Seadrill Management AS
+47 51 30 99 19         
 
 
Seadrill Limited
Hamilton, Bermuda
April 4, 2008
 
 
 
 
 
 
 
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