Seadrill has exercised a purchase option for the West Polaris, a sixth-generation ultra-deepwater drillship, from Ship Finance International Ltd. The West Polaris was acquired by Ship Finance in 2008 and subsequently bareboat chartered to Seadrill with purchase options commencing in 2012. The purchase option price is $456m and total consideration payable to Ship Finance is $108m.
via E&P
Offshore Bulletin 