Seadrill leads the bidding process for monster contract according to three well-informed sources. | SDRL Message Board Posts

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Msg  37405 of 37405  at  7/31/2020 7:03:18 AM  by

ICE


Seadrill leads the bidding process for monster contract according to three well-informed sources.

Seadrill leads the bidding process for monster contract according to three well-informed sources.

Seadrill is leading the tender process for Transocean and Odfjell Drilling for the delivery of deepwater
rigs for Equinor's development program on the Bacalhau field outside Brazil, writes Upstream on
Friday, which is based on information from three well-informed sources.

The sources believe that it is Seadrill's deepwater rig "West Vela" that is in the tender round.

According to the sources, Seadrill offers a contract for a fixed period of four years, plus another
four one-year options, reports TDN Direkt.

The terms of the deal are not known, but sources say Seadrill has proposed a daily rate of nearly
$ 300,000, including modifications and upgrades. It provides a contract worth more than $ 400 million
for the fixed period.


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