Distress Suits Seadrill

Earlier this week, Seadrill Limited announced that it had agreed to acquire two ultra-deepwater semi-submersible drilling rigs, the Seadragon I and Seadragon II, which are currently under construction at Singapore’s Jurong shipyard. The total project price is expected to be $1.2 billion inclusive of all pre-delivery costs, with delivery in 1Q and 4Q 2011.

This is only an excerpt of Distress Suits Seadrill

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.