Seadrill secures contracts for multiple jack-up units in Mexico (Scandinavian Oil-Gas Magazine)

Seadrill secures contracts for multiple jack-up units in Mexico

Published Feb 20, 2014

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

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