SeaDrill Limited (NYSE:SDRL) declared that it has come into a settlement agreement with Hyundai Samho Heavy Industries Co. Ltd (HSHI). This is in relation to the West Mira arbitration. Settlement details As a part of the full settlement, Seadrill will receive $170 million in cash in March 2017. The arbitration process commenced in October 2015. […]
NYSE:SDRL
Seadrill Ltd (NYSE:SDRL) Extends Contracts With Saudi Arabian Oil Co.
Seadrill Ltd (NYSE:SDRL) has announced on Friday that it received three-year contract extensions from Saudi Arabian Oil Co., which is popularly known as Saudi Aramco, for the AOD I and AOD II jack-ups, which are now expected to expire by June and July 2019, respectively. With the extensions, Seadrill will continue the current existing contracts […]
