Norway: Seadrill Gets LoA for Semi-Sub Rig. Backlog Now at USD 13.3 bln

Seadrill Gets LoA for Semi-Sub Rig. Backlog Now at USD 13.3 bln

Seadrill, a Norwegian-Bermudan offshore drilling company with worldwide operations, has received a letter of award for a new three year contract for a semi-submersible rig.

The contract comes from a reputable oil company and the potential contract is for operations offshore West Africa. The contract is scheduled to start in the second quarter 2013

The total potential contract revenue based on 97% utilisation is estimated to approximately USD 710 millions and includes a performance bonus arrangement. The letter of award is subject to final approval by the charterers Board to be lifted no later than May 16th.

Seadrill total order backlog is after this increased to approximately USD 13.3 billion.

Offshore Energy Today Staff, April 30, 2012

 

Share this article

Follow Offshore Energy Today

One thought on “Norway: Seadrill Gets LoA for Semi-Sub Rig. Backlog Now at USD 13.3 bln”

Comments are closed.

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply