SOURCE: Seadrill Limited

September 18, 2008 02:37 ET

SDRL - Seadrill secures new contract for West Alliance

HAMILTON, BERMUDA--(Marketwire - September 18, 2008) -


Seadrill has been awarded a five year firm contract for the semi-submersible tender rig West Alliance for operations in South East Asia. Contract commencement will be in January 2010 in direct continuation of existing contract. Total contract value is estimated to approximately US$310 million.


Analyst contact:
Jim Dåtland,
Vice President Investor Relations
+47 51 30 99 19

Media contact:
Trond Brandsrud,
Chief Financial Officer
+47 51 30 99 19


Seadrill Limited
Hamilton, Bermuda
September 18, 2008




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