EnergyWatch

Seadrill extends major contracts in Middle East

Drilling company Seadrill extends contracts for two of the company's rigs in the Middle East.

Photo: POLFOTO/AP/Daniella Beccaria/seattlepi.com

Norwegian drilling firm Seadrill has secured extensions on two major deals in the Middle East involving two of the company's rigs.

Seadrill has bagged new three-year contracts for its two jack-up rigs AOD 2 and AOD 3. The contracts are expected to have values of USD 98 million and USD 101 million, respectively.

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