Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/seadrill-in-advanced-discussions-regarding-new-fiv.shtml

Seadrill in advanced discussions regarding new five-year ultra-deepwater contract

Seadrill is in advanced discussions regarding a new five-year contract for the drillship West Polaris. This new contract will start in direct continuation of the

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Seadrill - West Polaris

Seadrill is in advanced discussions regarding a new five-year contract for the drillship West Polaris. This new contract will start in direct continuation of the existing assignment which is scheduled to be completed in October 2012.

The potential contract revenue for the five-year period is approximately US$1.16 billion.

A final agreement is expected within July 2012.

Tags: Seadrill