Contract signed with Shell USG for 5 years. Current estimated cost: $330m-$350m. Original estimate: $250m-280m. Ready: May 1999. West Future II. (100% Smedvig) ME 4500 DP semisub. Yard: Hitachi. Contract signed with Norsk Hydro for 5 years + 7 one-year options. Current estimated cost: $280m. Ready: Q2 1999 (delayed three months). SPU 550 (Smedvig/Navion). Tentech 700 design. Yard: Mitsui. Contract with Unocal to convert into a drillship cancelled.