Seadrill secures contracts for jackup units

Seadrill has secured four new contracts and one extension with total contract value of approximately $319m. Following these fixtures, Seadrill has 92% of its jackup capacity contracted for 2014 and 64% for 2015.  The total order backlog for the jack-up fleet is $4.4bn and average remaining contract duration is 2.6 years.

via E&P

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