Seadrill exits offshore Qatar drilling venture

Seadrill has completed the sale of the jackup rigs to Gulf Drilling International for $338 million.

HAMILTON, Bermuda — Seadrill has completed the sale of the jackup rigs to Gulf Drilling International (GDI) for $338 million.

It has also transferred its 50% interest in the joint venture that operates the West Castor, West Telesto, and West Tucana jackups offshore Qatar to GDI.

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