In the event of termination, Seadrill and Seamex
are entitled to recover the dayrate concessions as well as the demobilization for the West Pegasus.
Seadrill said, in the event of termination, Seadrill and Seamex
will be entitled to recover the day rate concessions and even the demobilization for the West Pegasus.
Seadrill has established a joint venture named SeaMex with Fintech Advisory, a private investment manager, which will manage the Jack-up rigs in Mexico and other Latin American countries.
Wullf said, The long term nature of these contracts and the establishment of SeaMex will create economies of scale in the region.
Additionally, Seadrill is pleased to announce the establishment of SeaMex