SeaDrill Q3 Profit Rises, Acquires Jack-up Drilling Rig Petrojack IV

Offshore deepwater drilling contractor SeaDrill Ltd. Tuesday reported higher third-quarter profit, helped by strong contract revenues and the acquisition of Scorpion Offshore Limited. However, revenues missed market estimates. Separately, the company announced the acquisition of the jack-up drilling rig Petrojack IV for about US$180 million.
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Source: RTT News