Seadrill secures Indonesian drilling contract from Serica
Wednesday, June 28 2006 - 06:34 PM WIB
Bermuda-based drilling firm Seadrill Limited announced on Wednesday it has been awarded a contract by an Indonesian subsidiary of Serica Energy for the jack-up Seadrill 5.
The drilling contract includes four wells offshore Indonesia and commencement is scheduled in direct continuation of the rig's prevailing commitment. The contract value is approximately US$ 22 million.
Serica has 2 oil and gas blocks offshore North Sumatra, namely Glagah Kambuna TAC and Asahan PSC and an exploration block in in Java sea called Biliton PSC. (alex)