Norwegian Seadrill has been awarded a four-year contract by Petronas Carigali Sdn Bhd in Malaysia with immediate commencement for the self-erecting tender rig Teknik Berkat, in which Seadrill has a 49 percent ownership interest.
The estimated contract value is approximately US$182 million. The agreement includes early termination and immediate release of Teknik Berkat from the current contract with CarigaliHess.