TheJohn Fredriksen drilling company will supply five jack-up drilling rigs to thecompany on six-year contracts.

Underthe heads of agreement Seadrill will receive $165,000 per day, per rig with thecharters due to start in the first half of 2014.

“Theaddition of $1.8bn in backlog is a clear positive; more importantly, is that Seadrillgains a sizable foothold in a market that will likely experience significantgrowth over the next several years,” Lowe said in a note to clients.

Pemexintends