Seadrill (SDRL) agrees to buy the ultradeepwater semisubmersible rig Songa Eclipse from Songa...

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

Seadrill (SDRL) agrees to buy the ultradeepwater semisubmersible rig Songa Eclipse from Songa Offshore for $590M, giving SDRL increased exposure to the ultradeepwater market. SDRL intends to take delivery of the rig in December and expects the acquisition to have an immediate impact on cash flow and financial results. SDRL -0.5% premarket.