M a r k e t N e w s

Seadrill to purchase ultra-deepwater drillship West Polaris

Posted on : Friday , 2nd January 2015

 Seadrill Limited has announced it has exercised a purchase option for the West Polaris, a 6th generation Ultra-Deepwater drillship, from Ship Finance International Limited.

The West Polaris was acquired by Ship Finance in 2008 and subsequently bareboat chartered to Seadrill with purchase options commencing in 2012.The purchase option price is US$456 million and total consideration payable to Ship Finance is US$108 million.
The transaction will be executed as a purchase of shares in Ship Finance’s asset owning subsidiary SFL West Polaris Limited, which is currently a consolidated entity in Seadrill.
Currently Seadrill is in possession of 10 drillships a majority of which are operating West African waters of Angola and Nigeria with another eight under construction by Samsung and DSME.

Source : OIL NEWS KENYA
Featured Companies
  • GULF WELL SOLUTIONS
  • SKYTRADE GLOBAL ENTERPRISES LTD
  • /
  • MAVI DENIZ CEVRE HIZ A.S
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • The Western Group has been in business for over two decades and was set up primarily to service the Oil & Gas Industry Sectors.
  • TITAN Containers is one of the largest privately owned companies supplying containers for a multitude of applications.
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • We offers high quality, Competitive price and satisfied service always
  • Sonmez Makina Ltd. is a manufacturer and exporter company for filling systems of domestic use LPG cylinders.
  • Global Air Freight Solutions for Oil & Gas Shipments.
  • All type conveyor belts for internal & external location tapis roulant de tout genre pous deplacement a l
  • SS Gas Lab Asia is a reputed engineering company, engaged in manufacturing of carbon dioxide gas plants, hydrogen gas plants, nitrogen dioxide gas plants, CO2 storage tanks, CO2 transportation tankers and dry ice plants.
  • Manufacturers & Exporters of hand tools, garden tools & leatheer tool pouches.
  • Manufacturer & Trader of coil winding machines, toroidal coil winding machines, wire bunching machines, complete winding solution
  • Al Hosni Group International, has the experience and expertise in Construction, Manufacturing, Marketing, Hospitality, Chemicals, Gas services and environmental projects.
  • Ducorr is engaged in the engineering, manufacture & deployment of cathodic protection systems and products.
  • Hevt Duty Machinery
  • We have been at the forefront of plate heat exchanger technology.
  • FAS Flüssiggas-Anlagen GmbH, Salzgitter, is one of the leading manufacturers and suppliers of LPG fittings and components for complete stations for the storage
  • Narrowtex is a fully integrated company with processes such as warping, weaving, knitting, dyeing, finishing, make-up and packaging
  • From a modest beginning in 1955, the IGP Group today provides over 50 products and services to the core sector.
  • Industrial machinery
  • EuropCorr is a company specialized in design, manufacturing, sales and consultancy of corrosion monitoring systems mainly for petrochemical, oil and gas industry.
  • Chemicals,Environmental & Sewage,Treatment Laborotory;Equipments Analytical Equipments & Instraments;etc.
  • Manufacturer refrigerated-type air dryer, desiccant air dryer and compressed air in-line filter.
  • Multi feedstock batch processing biodiesel equipment
  • K & S Financial Group is the link between the end buyer and a reputable Russian refinery.

Home | About Afrotrade | Advertise With Us | Trade Events | Contact Us | Link to us | Terms |  Follow us on : Facebook
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade