Wednesday, July 25, 2007

Seadrill sells $146.5 mln rig to Nigerian SeaWolf

(Reuters) - Norwegian offshore services group Seadrill has agreed to sell jack-up rig West Titania for $146.5 million to Nigerian drilling contractor SeaWolf Oil Services Ltd, Seadrill said on Wednesday.

The unit, built in 1981, will be transferred to SeaWolf upon completion of its present contract in Tunisia, expected to run until November 2007, Seadrill said.


Read more at Reuters Africa

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