Rig litigation win boosts Seadrill Partners’ 2Q results

Offshore drilling company Seadrill Partners’ second-quarter revenues rose, boosted by a rig litigation win.

The driller, operating a fleet of eleven offshore rigs and barges, on Tuesday said its total operating revenue for the quarter was $418.1 million, up from $267.9 million a year ago.

The increase was mainly attributable to the outcome of the West Leo rig litigation with Tullow, which was in Seadrill Partners’favor.

Read more

Leave a Reply

Powered by WordPress.com.

Up ↑

%d bloggers like this: