Seadrill (SDRL -2.4%) orders an additional pair of high specification jack-up drilling rigs at...

|About: Seadrill Limited (SDRL)|By:, SA News Editor

Seadrill (SDRL -2.4%) orders an additional pair of high specification jack-up drilling rigs at ~$230M each, as it looks to capitalize on the need to renew the world’s aging jack-up fleet. The latest newbuilds bring to eight the number of jack-ups SDRL has on order from China’s Dalian Shipbuilding, with deliveries due over the next three years, and will increase its jack-up fleet to 29 units.