Arrival in Brasilia

"Sevan Driller" outside Rio de Janeiro

"Sevan Driller" is designed to include the most advanced drilling capabilities in the industry and is based on Sevan's own patented technology. The unit has a capacity of drilling of wells up to 12,192 m in water depths of up to 3,810 m, a variable deck load of more than 20,000 metric tons and high storage capacity of bulk materials. "Sevan Driller" is equipped with an internal storage capacity of up to 150,000 barrels of oil.

In November 2009, "Sevan Driller" was delivered from the Cosco Qidong Shipyard in China less than 30 months from start of construction. The unit is currently en route to Brazil and will operate for Petrobras in the pre salt area off the Brazilian coastline.

"Sevan Driller" arrived in Rio de Janeiro, Brazil, on March 27, 2010. The UDW drilling unit will undergo custom clearance and acceptance testing by Petrobras prior to commencement of operation under its six year contract.

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