Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/seadrill-secures-contracts-for-multiple-jack-up-un.shtml

Seadrill secures contracts for multiple jack-up units in Mexico

Seadrill is pleased to announce that the final drilling contracts for the jack-up drilling units West Oberon, West Intrepid, West

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Seadrill -West Intrepid

Seadrill is pleased to announce that the final drilling contracts for the jack-up drilling units West Oberon, West Intrepid, West Defender and West Courageous are now executed.

The fifth contract for the recently acquired jack-up drilling unit, Prospector 3, renamed West Titania, is being processed for approval by Pemex and finalization is expected to take place second quarter 2014.

Each contract is for a firm term of approximately 6 years and total revenue potential from the five contracts exceeds US$1.8 billion.

Tags: Seadrill Limited