The total contract value for the two firm contracts for Aker Solutions is approximately $240 million. These contracts will cover delivery of complete drilling packages consisting of engineering and equipment deliveries, for drilling rigs that Sevan Marine is building.
Aker Solutions has reported ongoing progress on Sevan’s first drilling rig, to be delivered in 2009. The other two ultra-deepwater drilling rigs are scheduled for delivery in 2010-11.
