SeaDrill Secures New Contract for Tender Rig T-6

The self-erecting tender rig T-6, in which SeaDrill holds a 49 percent ownership interest, has been awarded and has, subject to some conditions, accepted a letter of intent for a three-year contract with the Carigali-PTTEP Operating Company Berhad. The contract is expected to commence in December 2007/January 2008 in direct continuation of the current contract commitments. Estimated contract value is approximately US $95 million.
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