SeaDrill to build the second unit of rig

Aug. 15, 2005
SeaDrill will build a second 6th generation ultra deepwater semisubmersible rig at a contract value of $404 million with Jurong Shipyard of Singapore. It is to be delivered by November 2008.

Offshore staff

SeaDrill will build a second 6th generation ultra deepwater semisubmersible rig at a contract value of $404 million with Jurong Shipyard of Singapore. It is to be delivered by November 2008.

SeaDrill has awarded, Jurong Shipyard, an additional option to build a third unit of the semisubmersible based on the same design and at comparable terms. This option takes effect in August 2006.

SeaDrill will furnish all equipment including the 7,500 ft of riser and BOP.

The second unit of the Friede & Goldman ExD-designed semisubmersible rig, originally effective for October 2005, takes immediate effect.

08/15/05