Seadrill sees rig dayrates improving in 2019-20

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Following recent positive forecasts shared by jack-up rig players, we now have floater operators showing optimism too. Offshore driller Seadrill Limited, which operates both floaters and jack-ups, on Monday said it sees dayrates improving in the next two years.

The company, which in July emerged from Chapter 11 Bankruptcy after successfully completing restructuring, had seven floaters working for the full quarter at an average dayrate of $241k per day and two floaters completing contracts during the quarter.

Seven jack-ups were working for the full quarter at an average dayrate of $99k per day and two jack-ups started contracts during the quarter.

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