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Seadrill (SDRL) wins a $1.18B charter contract to supply a deep-water, harsh environment rig to...

  • Monday, November 12, 2012, 4:32 AM ET
    Seadrill (SDRL) wins a $1.18B charter contract to supply a deep-water, harsh environment rig to Husky Oil Operations for five years to drill off the coasts of Canada and Greenland. Seadrill may soon order more rigs to exploit what has become a tight market. Last week, the company said it would use proceeds from the sale of Asian assets to expand its deep-water fleet. (PR)
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