Maersk Drilling’s Norwegian major competitor close to new billion-dollar order

Maersk Drilling’s major competitor, Norwegian Seadrill, of which the country’s shipping magnate John Fredriksen is a main shareholder, has been awarded a provisional order of no less than $4 billion for three rigs from a “major oil company”, writes the company in a stock exchange statement.

BY RITZAU FINANS

Published: 25.07.12 at 14:54

Maersk Drilling’s major competitor, the Norwegian Seadrill, of which the country’s shipping magnate John Fredriksen is a main shareholder, has been awarded a provisional order of no less than $4 billion for three rigs from a “major company”, writes the company in a stock exchange statement.

Seadrill also reveals that the oil company has made demands on the three rigs of a 19-year utilization period in a contract with a value of up to $4 billion dollars. The three rigs are under construction at Samsung in Korea, and will be delivered in the first and second quarters of 2013.

Already a subscriber? Log in.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

Access all locked articles
Receive our daily newsletters
Access our app

Start a free company trial today

Container reliability hit new low at the end of 2021

Foto: Christina Sabrowsky/AP/Ritzau Scanpix

Schedule reliability in the container industry set a new negative record in December 2021 with one route in particular hit hard with an on-time arrival rate of only 10 percent, show figures from Sea-Intelligence. Problems in supply chains are still ”a huge burden,” says Hapag-Lloyd.