Seadrill Limited
OSLO : SDRL

December 21, 2012 02:51 ET

SDRL - North Atlantic Drilling Ltd. announces extension of contract for West Epsilon

HAMILTON, BERMUDA--(Marketwire - Dec 21, 2012) - North Atlantic Drilling Ltd., a majority owned subsidiary of Seadrill Limited, announced today that Statoil has exercised its option to extend the contract for the heavy-duty harsh environment jack-up rig West Epsilon by two years from December 2014 to December 2016. The estimated value of the contract extension is US$215 million.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Seadrill Limited via Thomson Reuters ONE

[HUG#1666922]

Contact Information

  • Media contact
    Rune Magnus Lundetrae
    Chief Financial Officer
    Seadrill Management AS
    +47 51 30 91 26

    Analyst contact
    Ragnvald Kavli
    Investor Relations Manager
    Seadrill Management AS
    +47 51 30 96 27