Seadrill Secures Contract for Newbuild West Atlas
|Friday, September 08, 2006
Seadrill has been awarded a letter of intent by Coogee Resources in Australia for the jackup West Atlas (Seadrill 1), currently under construction. The contract has a duration of 12 months with a possibility for extension up to a further 12 months.
The contract value for the fixed part of the assignment is estimated to approximately US $96 million. Start-up of operations is planed in the fourth quarter 2007, following delivery.
Company: Seadrill Ltd more info
Company: Coogee Resources more info
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