BRIEF-Seadrill JV Sonadrill Gets Contract Award [Reuters]
Seadrill Limited Common Shares (SDRL)
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Source: Reuters
BRIEF-Seadrill JV Sonadrill Gets Contract Award Sept 4 (Reuters) - Seadrill Ltd: * SAID ON TUESDAY CO’S JV (JOINT VENTURE), SONADRILL HOLDING LTD, HAS SECURED A NINE WELL CONTRACT WITH SIX OPTIONS, EACH FOR ONE WELL, IN ANGOLA FOR THE LIBONGOS DRILLSHIP * ESTIMATED TOTAL CONTRACT VALUE IS $101 MILLION * COMMENCEMENT EXPECTED LATE Q3 2019 AND RUNNING TO EARLY 2021 * SONADRILL HOLDING LTD IS 50:50 JV BETWEEN SEADRILL AND AFFILIATE OF SONANGOL E.P. Source text for Eikon: Further company coverage: Gdynia Newsroom Our Standards: The Thomson Reuters Trust Principles.
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