SDRL Bids Farewell to 2007-Built West Prospero, Optimizes Rig Fleet

Seadrill Limited (SDRL) , a U.S.-based offshore drilling contractor, has concluded the sale of its jack-up rig, West Prospero. The company received cash proceeds of $45 million following the sale. SDRL stated that the West Prospero drilling rig has been non-operational for eight years.The company considered the West Prospero jack-up rig as a non-core asset. The divestment of West Prospero aligns with the company’s broader objective to withdraw from the benign jack-up market and optimize its rig fleet. The m ...