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:

  • TITAN Containers is one of the largest privately owned companies supplying containers for a multitude of applications.
  • Ravi Enterprise is a professionally managed organization, established as a reliable source of industrial heaters.
  • Manufacturer refrigerated-type air dryer, desiccant air dryer and compressed air in-line filter.
  • Manufacturing and marketing "aira" brand Valve Automation Products
  • We offers high quality, Competitive price and satisfied service always
  • The trusted source for all your heavy equipment needs!
  • Engineering Expo, is India’s largest multi-location trade show on manufacturing
  • Suppliers of generators for every application
  • Vrushabh is one of the leading manufacturer and distributor of Conveyor Belts, Transmission Belts, Elevator Belts, PVC Belts.
  • Hevt Duty Machinery
  • Al Hosni Group International, has the experience and expertise in Construction, Manufacturing, Marketing, Hospitality, Chemicals, Gas services and environmental projects.
  • K & S Financial Group is the link between the end buyer and a reputable Russian refinery.
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  • Mini plants of toilet paper rolls production
  • From a modest beginning in 1955, the IGP Group today provides over 50 products and services to the core sector.
  • Manufacturer & Trader of coil winding machines, toroidal coil winding machines, wire bunching machines, complete winding solution
  • Catering for the most varied industrial storage requirements.
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • Used Machinery
  • Global Air Freight Solutions for Oil & Gas Shipments.
  • Shenzhen City, Riland Industrial Co., Ltd. is China
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • The Western Group has been in business for over two decades and was set up primarily to service the Oil & Gas Industry Sectors.
  • Air Conditioning Hire

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