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Hamilton, Norway, Apr 29, 2008 - (ABN Newswire) - Seadrill has been awarded a four-year contract by Petronas Carigali Sdn Bhd in Malaysia with immediate commencement for the self-erecting tender rig Teknik Berkat, in which Seadrill has a 49 percent ownership interest. The estimated contract value is approximately US$182 million. The agreement includes early termination and immediate release of Teknik Berkat from the current contract with CarigaliHess. Analyst contact: Jim Dåtland, Vice President Investor Relations +47 51 30 99 19 Media contact: Trond Brandsrud, Chief Financial Officer +47 51 30 99 19 Seadrill Limited Hamilton, Bermuda April 28, 2008
