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Petrobras awards 6-year contracts to Seadrill newbuild semis

Posted on 02 May 2008

“This is one of the most important assignments ever awarded to Seadrill and will increase our contract backlog to more than US$12 billion,” said Kjell E Jacobsen, Seadrill CEO.

Separately, ExxonMobil has exercised the option to extend the contract for Seadrill’s West Aquarius from three years to four years. Estimated contract value for the full four-year period is approximately US$750 million. In addition, ExxonMobil has awarded Seadrill one additional year to the existing three-year term for West Polaris.

The West Polaris and West Aquarius are both under construction in South Korea.

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