Seadrill enters agreement to sell its Qatar Jack-Up Fleet and expands share repurchase programme
Seadrill Limited has announced that it has entered into a definitive agreement to sell three jack-up rigs—the West Castor, the West Telesto and the West Tucana (the ‘Qatar Jack-Up Fleet’) and its 50% equity interest in the joint venture that operates these rigs offshore Qatar to Seadrill’s joint venture partner Gulf Drilling International (GDI) for …