Seadrill jackups heading to Saudi/Kuwait JDZ

Offshore staff

HAMILTON, Bermuda – KJO (AL-Khafji Joint Operations) has contracted Seadrill to supply two rigs for work in the offshore joint development zone between the Kingdom of Saudi Arabia and Kuwait.

The assignments for the jackups West Triton and Offshore Resolute will start in direct continuation of their current contracts offshore Southeast Asia.

Each is for a firm period of three years plus the time needed to mobilize to the Middle East. Each contract also includes an option for KJO to extend the term by a further year.

Alf C. Thorkildsen, CEO of Seadrill Management, said: "Relocating two rigs for term work and at attractive market rates serves our strategic desire to increase our long-term presence in this active oil and gas region."

08/09/2011



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