Seadrill teams up with Gulf Drilling for $656M Qatar rig contract [Seeking Alpha]
Seadrill Limited Common Shares (SDRL)
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Source: Seeking Alpha
Seadrill teams up with Gulf Drilling for $656M Qatar rig contract - Seadrill Limited (NYSE:SDRL) | Seeking Alpha Energy | On the Move Seadrill teams up with Gulf Drilling for $656M Qatar rig contract Aug. 16, 2019 7:44 AM ET Seadrill Limited (SDRL) Carl Surran Seadrill (NYSE: +12.4% 50-50 joint venture The GulfDrill JV initially will operate five jackup rigs on a $656M contract with Qatar Petroleum, with an option to order further drilling with an additional contract value of as much as $700M. The venture will charter two of its rigs from SDRL and three more from an unnamed shipyard. See all stocks on the move » Now read: Offshore Drilling: Jack-Up Fundamentals - July 2019 Edition » Subscribe
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