Seadrill signs $1.1billion rig deal with Total Nigeria

June 03, 2014 | Nigeria, Rigs & Vessels

London, United Kingdom | – Leading offshore deepwater drilling company, Seadrill signed a five-year, $1.1 billion contract with Total for work offshore Nigeria, it said on Monday.

The contract, for Seadrill’s newly built ultra-deepwater West Jupiter drillship, is worth around $600,000 per day, including mobilisation, according to Reuters calculations. The vessel will be delivered from Samsung Heavy Industries’ shipyard in Geoje, South Korea in August.