Jurong 3

5/29/2006 12:00 AM

Friede & Goldman has entered into a license agreementwith Jurong Shipyard (Singapore) on May 29, 2006 forthe design of a third F&G ExD semi-submersible drillingrig, to be constructed for SeaDrill Ltd (Norway).

For further information on SeaDrill, please click on thefollowing link: