Seadrill secured commitment from Total Upstream Nigeria for deployment of the newbuild, ultradeepwater drillship West Jupiter, to support the Egina ultradeepwater project offshore Nigeria. The contract is for a firm period of 5 years and has a total revenue potential of approximately USD 1.1 billion for the primary contract term, inclusive of mobilization. The West Jupiter is expected to be delivered from the Samsung Heavy Industries shipyard in Geoje, South Korea, in August 2014. The rig will be outfitted to work in up to 10,000 ft of water and is capable of working in water depths of up to 12,000 ft and drilling depths of up to 37,500 ft.
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