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December 21, 2012
05:43 EDTSDRL, STOSeadrill subsidiary North Atlantic Drilling extends contract for West Epsilon
North Atlantic Drilling, a majority owned subsidiary of Seadrill (SDRL), announced that Statoil (STO) has exercised its option to extend the contract for the heavy-duty harsh environment jack-up rig West Epsilon by two years from December 2014 to December 2016. The estimated value of the contract extension is $215M.
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