Seadrill Limited ("Seadrill" or "the Company") has placed orders for two high specification jack-up drilling rigs of F&G JU2000E project with Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China, the Company said Thursday in its press release.
The newbuild rigs are scheduled for delivery during the second and third quarters of 2016, and the total project price per rig is approximately US$230 million (including project management, capitalized interest, drilling and handling tools, spares and operation preparations), with tail-heavy payment terms.
The rigs have water depth capacity of 122 m and are able to drill at depths of 9,1 km. Currently, Seadrill has under construction at DSIC Offshore ten jack-ups. Of them two are scheduled for delivery in 2013, five in 2015 and three in 2016.
Seadrill's construction program now totals 24 units, including 9 drillships, 2 harsh environment semi-submersibles, and 13 high specification jack-ups. In addition the Company has fixed priced options for two ultra-deepwater units.
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