Sevan Drilling extends Chinese rig delivery deferral period

Offshore drilling contractor Sevan Drilling has amended the delivery deferral period for the Sevan Developer until June 30, 2020.  Sevan ordered the cylindrical rig from Chinese shipbuilder Cosco (Qidong) in 2011. The rig was originally scheduled for delivery in the third quarter of 2014. However, as the owner was unable to secure the contract for its new […]

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