HAMILTON, Bermuda, Feb. 5, 2007 (PRIME NEWSWIRE) -- Reference is made to the stock exchange disclosure dated February 1, 2007 regarding a potential sale of the FPSO Crystal Ocean. Seadrill is pleased to confirm that the sale of the FPSO vessel to Sea Production Ltd. has been completed. The total consideration for Crystal Ocean is US$90 million with effective date mid February 2007.
Seadrill Limited Hamilton, Bermuda February 5, 2007