Seadrill sells 2007-built jack-up West Prospero for $45M

Capt. John

Offshore drilling contractor Seadrill Limited (NYSE: SDRL) reports that it has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million.

“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.

The West Prospero is an independent leg cantilever jack-up drilling rig built in 2007 by...

https://www.marinelog.com/offshore/oil-gas/seadrill-sells-2007-built-jack-up-west-prospero-for-45m/

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