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Seadrill gets $45m one-year contract extention for drill platform

Bermuda-registered Seadrill has been awarded a one-year extension by Total for the self-erecting tender rig T8. The contract extension is in direct continuation of existing operations and is expected to keep the unit employed until May 2009. The estimated value of the contract extension is $45 million. T8 is currently performing production drilling offshore Congo, West Africa.