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HAMILTON, Bermuda (Bloomberg) -- North Atlantic Drilling Ltd., the rig company controlled by billionaire John Fredriksen, will extend a deadline to complete deals with Russia’s OAO Rosneft that include $4.25 billion in contracts amid concern over trade sanctions, a person familiar with discussions said. The deadline for breaking the accords will be extended from Nov. 10, said the person, asking not to be named because the talks are private. North Atlantic, a unit of Seadrill Ltd., is considering alternative assignments for two rigs due to start operating for Rosneft next year, the person said.
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