Jurong - Seadrill JUE

11/3/2010 12:00 AM

Friede & Goldman has entered into a license agreement with Jurong Shipyard (Singapore)on November 3, 2010 for the basic design of two(2) F&G JU-2000E jack-up drilling rigs, with four (4)options, to be constructed for Seadrill (Norway).

Additional agreements were signed for F&G toprovide their patented Rack Chock® leg fixationsystem and a 54-pinion hull elevatingjacking system for each of the mobile offshoredrilling units.

For further information, please refer to the Seadrillwebsite:

http://www.seadrill.com/modules/module_123/proxy.asp?C=42&I=2340&D=2&mid=224

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