Shell Extends Work for West Navigator at Ormen Lange

Seadrill has been awarded a letter of award by A/S Norske Shell, on behalf of the operator Hydro, for the assignment of the deepwater drillship West Navigator on the Ormen Lange field in the Norwegian Sea.

The contract has a duration of four years, and estimated contract value is approximately US $810 million.

West Navigator is currently operating for Shell at the Ormen Lange field under a well-by-well contract with an estimated duration including options to April 2009. The new contract replaces the current contract with effect from January 1, 2009.

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