Bloomberg News

Seadrill in Talks on Potential Investments With SapuraCrest

December 14, 2011

Dec. 14 (Bloomberg) -- Seadrill Ltd. said today it’s in talks on potential investments with SapuraCrest Petroleum Bhd in Brazil.

The company is looking at a joint investment with SapuraCrest, which recently entered into agreements with Petroleo Brasileiro SA for five-year charters of three pipe laying support vessels to be built for operations in Brazil.

Link to Statement:{NSN LW6OQ93PR6RN <GO>}

To contact the editor responsible for this story: Meera Bhatia at mbhatia2@bloomberg.net


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