Search results for: Sevan Drilling

36433 results

A list of search results

  • 19 October 2015
    Business & Finance, Exploration & Production

    Seadrill, an offshore drilling contractor with a stake in former Sevan Marine’s subsidiary Sevan Drilling, has denied its relation to a bribery case with Brazilian national oil company Petrobras. To remind, Sevan Marine on Friday said that some of its former employees might have been involved in a bribery case with Petrobras, adding it has decided to hand […]

  • 6 October 2014

    Norwegian drilling contractor Sevan Drilling needs more time to decide on the Sevan Developer rig fate.   The company has today announced that it has agreed with Cosco, the rig builder, to extend the Sevan Developer standstill agreement into the fourth quarter. The agreement should allow the parties more time to negotiate a later rig delivery […]

  • 27 June 2013
    Business & Finance

    Seadrill Limited issued June 26, a mandatory notification of trade regarding purchase of shares in Sevan Drilling ASA. Following the notification Seadrill has today purchased an additional 116,934,875 shares in Sevan Drilling at a price of NOK 3.95 per share. Following the purchase, Seadrill owns (including shares purchased under forward agreements) 297,893,964 shares in Sevan […]

  • 17 September 2013
    Business & Finance

    Norwegian drilling contractors Sevan Drilling and Seadrill have executed agreements under which Seadrill will take over the management of Sevan Drilling offshore drilling rigs. Seadrill, which owns a controlling stake in Sevan Drilling, will manage the operation of the company’s Sevan Driller, Sevan Brasil, Sevan Louisiana and, ultimately, Sevan Drilling Rig 4 which is under construction […]

  • 4 May 2018
    Exploration & Production

    Noways’ anti-corruption agency Okokrim has closed an investigation into Sevan Drilling over the company’s drilling contracts won with Petrobras between 2005 and 2008.

  • 25 March 2011
    Business & Finance

    The board of Sevan Marine ASA (“Sevan Marine”) will today submit an application for a listing of Sevan Drilling ASA (“Sevan Drilling”) as an independent company on the main list of the Oslo Stock Exchange. Sevan Marine has decided to organize Sevan Marine’s drilling activities into a new company to further grow and develop its […]

  • 5 April 2012
    Business & Finance

    Sevan Drilling ASA, an international drilling contractor specializing in the ultra deepwater (UDW) segment provides fleet update for March 2012. Sevan Driller: Sevan Driller had a technical uptime of 95.6 % in March 2012. Sevan Brasil: Sevan Brasil was loaded onto the heavy-lifter Mighty Servant 1 and left China 7 March. The voyage to Brasil […]

  • 27 August 2014

    Sevan Drilling, Norwegian provider of offshore drilling rigs of an unconventional, cylindrical design, may be forced to cancel a rig order.

  • 16 August 2012

    Norwegian drilling contractor Sevan Drilling is optimistic about securing charter deals for its under-construction drilling rigs. The company’s two rigs, currently being built in China, are scheduled for delivery in 4Q 2013 and 2Q 2014.  Sevan Drilling says it has been in talks with oil companies for marketing of the two new builds with the […]

  • 24 November 2015
    Exploration & Production

    Sevan Drilling, an international drilling contractor specializing in the ultra deepwater segment, has seen a profitable third quarter of 2015 as opposed to a net loss posted in the same period last year. In addition, Sevan boosted its revenues for the quarter due to improved rig fleet performance.  According to its third quarter report on Tuesday, […]

  • 3 January 2013
    Business & Finance, Project & Tenders

    Norwegian drilling contractor, Sevan Drilling, today announced its fleet status update for December 2012. Sevan Driller rig achieved a technical uptime of 92.7% in December 2012. On 29 December Sevan Driller successfully completed the well it was drilling in the Santos basin and moved to Guanabara Bay offshore Rio de Janeiro. As previously announced, Sevan […]

  • 15 April 2016
    Exploration & Production

    Offshore drilling contractor Sevan Drilling and China’s Cosco shipyard have agreed to exercise the second six-month option to delay the delivery of Sevan’s newbuild rig, the Sevan Developer.  Sevan Drilling and Cosco have agreed to exercise the second six-month option to extend the deferral agreement to October 15, 2016. The delivery was previously delayed in October […]

  • 18 July 2017
    Business & Finance

    Offshore drilling contractor Sevan Drilling has appointed a new member of the board of directors with effect from July 17, 2017. Sevan said on Tuesday that Douglas Smith was named as a new director and Audit Committee chairman. According to the company, Smith has extensive offshore drilling and finance experience and most recently served as […]

  • 28 April 2011
    Business & Finance, Operations & Maintenance

      Sevan Marine ASA  and Sevan Drilling ASA announce the completion of the bookbuilding period for the initial public offering of the shares in Sevan Drilling. Shares will be priced at NOK 8 per share. Sevan Drilling will issue 240,625,000 new shares in connection with the Offering, representing 71.5% of the shares of the Company […]

  • 23 August 2013

    Seadrill, a drilling contractor owned by John Fredriksen, a Norwegian-born Cypriot oil tanker and shipping tycoon, has failed in an attempt to takeover all the shares in Sevan Drilling company. In a filing to the Oslo Stock Exchange, the drilling contractor announced that it has received acceptances of the offer of NOK 3.95 per share of totalling 47,394 shares, representing approximately […]

  • 27 June 2013
    Business & Finance

    Seadrill Limited issued June 26, a mandatory notification of trade regarding purchase of shares in Sevan Drilling ASA. Following the notification Seadrill has today purchased an additional 116,934,875 shares in Sevan Drilling at a price of NOK 3.95 per share. Following the purchase, Seadrill owns (including shares purchased under forward agreements) 297,893,964 shares in Sevan […]

  • 30 May 2011
    Business & Finance

      Sevan Drilling ASA announces that its subsidiaries  have entered into contracts with Cosco Shipyard for the construction of two new build ultra deepwater (“UDW”) drilling rigs, Sevan UDW3 and Sevan UDW4, for delivery in Q4 2013 and Q2 2014 respectively. The total all-in turnkey price under the construction contracts is USD 526 mill per […]

  • 30 May 2011
    Business & Finance

      Sevan Drilling ASA announces that its subsidiaries  have entered into contracts with Cosco Shipyard for the construction of two new build ultra deepwater (“UDW”) drilling rigs, Sevan UDW3 and Sevan UDW4, for delivery in Q4 2013 and Q2 2014 respectively. The total all-in turnkey price under the construction contracts is USD 526 mill per […]

  • 5 March 2012
    Business & Finance

    Sevan Drilling ASA, an international drilling contractor specializing in the ultra deepwater (UDW) segment provides fleet update for February 2012. Sevan Driller: Sevan Driller had a technical uptime of 82.3 % in February 2012. The downtime in February is primarily related to an incident with the wash pipe and swivel drive shaftdescribed in a release […]

  • 8 August 2013

    Sevan Drilling directors Kristian Johansen and Benedicte Schilberd Fasmer have issued a statement in which they advise the company’s shareholders not to accept the mandatory offer issued by Seadrill for the remaining shares of the company. Sevan Drilling, a Norway-based drilling contractor, admits that the price offered by Seadrill of NOK 3.95 per share represents a […]

  • 2 April 2013
    Business & Finance

    Sevan Drilling confirmed that one of its wholly owned subsidiaries and LLOG Bluewater Holdings LLC have entered into a three-year charter contract for operation in the US Gulf of Mexico . Sevan Drilling rig no 3 which will be named Sevan Louisiana, which is currently under construction at Cosco Quidong shipyard in China, will be […]

  • 6 November 2013

    The Board of Sevan Drilling has today announced that Scott McReaken will succeed Scott Kerr as Chief Executive Officer of Sevan Drilling ASA.