Rowan gets 3-year drilling contract offshore Saudi Arabia

giovedì 21 febbraio 2008 14:53

Feb 21 (Reuters) - Rowan Companies Inc (RDC.N: Quotazione) said it was awarded a three-year drilling contract for work offshore Saudi Arabia and sees total revenue of about $201 million from the deal.

The deal with Saudi Aramco includes an option for a fourth year.

The rig is expected to commence drilling operations during the second quarter, the provider of contract drilling services said in a statement. (Reporting by Jennifer Robin Raj in Bangalore; Editing by Deepak Kannan)