Friday, December 5, 2008

New Seadrill Tender Contract


Seadrill's tender rig West Berani II, which is currently under construction has been awarded a five-year contract by Chevron in Angola. The contract commences in the first quarter of 2010. Estimated total revenues for the contract are $378 million, which translates into a dayrate of $200 000. The dayrate seems to be significantly higher than in previous West African tender contracts e.g. West Setia $163 000 and West Menang $127 000.

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