February 21, 2008 / 2:27 PM / in 10 years

Rowan gets 3-year drilling contract offshore Saudi Arabia

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Feb 21 (Reuters) - Rowan Companies Inc (RDC.N) 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)

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