Breaking News Bar

Business News and Information

SDRL Stock Soars 10% After JV Secures Nine-Well Contract

SDRL stock

SDRL stock is gaining solid momentum this morning after Seadrill Ltd (NYSE:SDRL) formed a 50-50 joint venture with Sonangol, securing a nine-well contract.

Key Details

As an offshore drilling company, Seadrill has made some highly impressive moves over the past few weeks. For an offshore oil driller, the main currency is the number of lucrative contracts it holds and hence today’s announcement is so crucial. The company today announced that it has entered into a lucrative joint venture with Sonangol, by of which it has been awarded a nine-well contract in Angola. The contract also has ...

Read The Full Article On MicroSmallCap.com

Get early insight on hidden secret gems on MicroSmallCap. Follow Crypto, Mining, Cannabis and Energy stocks and get free research reports here.

All content provided by MicroSmallCap is subject to our Terms Of Use and Disclaimer.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
bottom clear