The self-erecting tender rig T-6, in which SeaDrill holds a 49 percent ownership interest, has been awarded and has subject to some conditions accepted a letter of intent for a three-year contract with the Carigali-PTTEP Operating Company Berhad. The contract is expected to commence in December 2007/January 2008 in direct continuation of the current contract commitments. Estimated contract value is approximately US$ 95 million.
Analyst contact:
Jim Dåtland, Investor Relations Manager +47 51 50 99 19
Media contact:
Alf C Thorkildsen, Chief Financial Officer +47 51 50 99 19
SeaDrill Limited
May 24,2006
Hamilton, Bermuda