Seadrill clinches $39.8m drilling contracts in Indonesia

Bermuda-based drilling rig provider Seadrill reported Friday that it has secured two drilling contracts in Indonesia with combined value of at least US$39.8 million.

The first contract is with Premier Oil for the new-build jack-up West Callisto.

The program in the Natuna Sea has an anticipated firm duration of around 230 days with options for extension of approximately 180 further days.

Contract value for the firm part is estimated at US$27.4 million, it said.

In addition, Seadrill has also been awarded an assignment with PT Pertalahan Arnebatara Natuna) in Indonesia for the newbuild jack-up West Leda. The contract value for the 90 day firm operating period is estimated to be US$12.4 million.

Both West Callisto and West Leda will subsequent to some mobilization related activities relocate directly from the yard and start operations under their new assignments, meeting customer's needs in terms of rig delivery, it said. (alex)