Home Asia Seadrill sells jackup rig to PT Duta Marine – Splash247

Seadrill sells jackup rig to PT Duta Marine – Splash247

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Seadrill sells jackup rig to PT Duta Marine – Splash247

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John Fredriksen’s offshore drilling firm Seadrill has agreed to sell its 2008-built jackup rig West Vigilant to Indonesia’s PT Duta Marine.

The sale price is $7.3m, and will see Fearnleys receive a brokerage fee of 3.5% after the sale.

Seadrill filed for chapter 11 in the Southern District of Texas in February this year. Since then, the drilling company has been busy working on a comprehensive restructuring.

Last month, Norwegian business daily Finansavisen reported that Seadrill sold five rigs for scrapping at Rota Shipping in Turkey. The yard paid $37.8m for the five units.

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