Leiv Eiriksson Leaves the Gulf of Mexico

Ocean Rig ASA announced that the company's semisubmersible drilling rig Leiv Eiriksson has completed acceptance testing in the US Gulf of Mexico defined by the client and has started mobilization to West Africa. Drilling operations for the first well in accordance with the drilling contract is estimated to start in December 2001/January 2002 offshore Angola. The contracts for both BP and ExxonMobil have a combined value of approximately $57 million.