PetroRig III Wins Pemex Contract

PetroMENA ASA has been notified by Pemex that in relation to the Public International Bid Tender T&C No 18575088-004-07 implemented by PEMEX, Larsen Oil & Gas Limited as drilling contractor and manager for PetroRig III has been awarded a 1,825 day contract with a value of US $942,032,500 for the use of PetroRig III.

The contract shall start during 2010.

The award is subject final contract and various approvals.

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