New York-listed offshore drilling expert Seadrill Limited has completed the sale of the jack-up rig West Prospero for cash proceeds of $45m, the company revealed in a statement on Dec. 26.
The West Prospero, built in 2007, is an independent leg cantilever jack-up with operational history in Northeast Africa and Southeast Asia.
President and chief executive officer, Simon Johnson, said Seadrill was able to monetize a non-core asset and execute its strategy to exit the benign jack-up market.
“With the sale of the West Prospero, we have monetized a non-core asset that has been stacked since 2016 and successfully executed on our strategy to exit the benign jack-up market,” said president and chief executive officer, Simon Johnson.
Source: Seadrill Limited. For more information pls see here.
