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Thursday, 09/18/2008 4:52:57 AM

Thursday, September 18, 2008 4:52:57 AM

Post# of 1210
SDRL - Seadrill secures new contract for West Alliance

(Up in Oslo 4.65% NOK123.75 = USD 21.41)

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


Published: 08:36 18.09.2008 GMT+2 /HUGIN /Source: Seadrill Limited /OSE: SDRL /ISIN: BMG7945E1057

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