Seadrill Limited -- Disposal of Crystal Sea


HAMILTON, Bermuda, Feb. 22, 2007 (PRIME NEWSWIRE) -- Seadrill Limited: The owners of the Crystal Sea have completed a sale of the FPSO vessel to BW Offshore. The total consideration for the FPSO vessel is US$80 million of which US$60 million in cash and US$20 million in BW Offshore shares. BW Offshore Limited is a Oslo Stock Exchange listed company.



            

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