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Northbridge Industrial Services Plc

Seadrill grabs multi-well contract for West Carina drillship

Offshore drilling company Seadrill has won a contract for its West Carina drillship with Thai PTTEP.

The contract is expected to begin in January 2020 and last until June. The drillship will work for PTTEP in Malaysia, and the oil company will have options to extend the contract further, Seadrill.

According to remarks made during Q3 2019 earnings call last week, Seadrill CEO Anton Dibowitz said the contract for the 2014-built drillship was for four firm wells plus six optional wells.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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