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May 28, 2008 Seadrill issues LOI for semiJohn Fredriksen's Seadrill has been doing its bit to keep the Singapore maritime economy rolling. Today saw the delivery from Keppel FELS of Seadrill's fourth KFELS B class jackup rig--within budget and three days ahead of schedule. Meantime, Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, announced a Letter of Intent (LOI) from Seadrill for a deepwater semi-submersible drilling rig at a turnkey contract value of US$640 (S$870) million. This is the fourth identical newbuild deepwater semi-submersible drilling rig that Seadrill has ordered at Jurong Shipyard. Scheduled for delivery in December 2011, the sixth generation ultra-deepwater semi-submersible drilling rig will be built based on the Friede & Goldman Ex- D design. It will have specifications identical to its predecessors, the first of which, West Sirius was delivered to Seadrill on schedule in the first quarter of 2008. 
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