Drilling contractor Awilco Offshore has secured a drilling package from National Oilwell in Kristiansand, Norway for a fourth new-build, semi-submersible drill rig not yet ordered.
Awilco retains an option on a fourth rig — it has three under order at Yantai shipyard in China — until November 2008.
The newest drilling package is an upgraded version and is worth $197 million.
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