Seadrill Subsidiary North Atlantic Drilling Secures a 10-Year Contract

The contract's worth is estimated at $1.4 billion, excluding performance bonuses.
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Shares of Seadrill (SDRL) - Get Report gained on news of a new contract. It said its subsidiary, North Atlantic Drilling, has secured a new 10 year contract. 

READ MORE:Seadrill Stock Climbing as Subsidiary Signs New Deal

This article was written by a staff member of TheStreet.