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SeaDrill Ltd Orders New Ultra-Deepwater Drillship for Delivery in 2014


Monday, 24 Sep 2012 03:03am EDT 

SeaDrill Ltd announced that it has entered into a turnkey contract to build a new ultra-deepwater drillship at the Samsung yard in South Korea. The project value price is estimated to be around USD 600 million (including project management, drilling and handling tools, spares, capitalized interest and operations preparations) with tail-heavy payment terms payable upon delivery, which is scheduled within the fourth quarter of 2014. In addition, SeaDrill has agreed a fixed price option to build a further drillship at the yard, with delivery in the first quarter of 2015. 

Company Quote

37.71
-0.39 -1.02%
11 Jul 2014