Seadrill Secures Two New Tender Rig Contracts

Seadrill has been awarded a contract by Chevron for extension of the production drilling assignment for the self-erecting tender rig T4. The contract extension has a duration of five years. The estimated contract value is approximately US $156 million. The commencement of the new contract is scheduled for second quarter 2008 following a five-year survey after completion of the current contract. T4 is currently operating offshore Thailand.

The self-erecting tender rig T11 currently under construction at MMHE in Malaysia has been awarded a five-year contract by Chevron for operations in Thailand. The contract is expected to commence in July 2008 following delivery from the yard. The estimated contract value is US $203 million.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Whipstock Welder
Expertise: Rig Welder|Welding|Workshop
Location: Lafayette, LA
Well Monitoring Specialist
Expertise: Drilling Consultant|MWD / LWD|Well Control
Location: Houston, TX
Expertise: Drilling Superintendent
Location: Oklahoma, United States, OK
search for more jobs

Brent Crude Oil : $51.38/BBL 2.44%
Light Crude Oil : $50.43/BBL 2.26%
Natural Gas : $3.14/MMBtu 0.94%
Updated in last 24 hours