Seadrill to Supply Jack-Up Rigs for BHP Billiton

29 March 2011 (Last Updated March 29th, 2011 18:30)

Seadrill will provide jack-up rigs to BHP Billiton Petroleum in Trinidad and Vietnam for a total of $31m. The $20m Offshore Resolute rig in Trinidad will work on drilling of three wells, which are expected to be completed within 150 days. The contract includes options for dr

Seadrill will provide jack-up rigs to BHP Billiton Petroleum in Trinidad and Vietnam for a total of $31m.

The $20m Offshore Resolute rig in Trinidad will work on drilling of three wells, which are expected to be completed within 150 days.

The contract includes options for drilling four additional wells, and commercial operations will begin in the third quarter of 2011.

The Offshore Resolute rig in Vietnam will work on a two-well assignment for $11m, and is expected to take 90 days to complete.