1460 results found for 'seadrill'

1460 results found for 'seadrill'
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  • Seadrill, Husky to Enter $1.2 Bln Rig Contract

    12 November 2012
    Business & Finance

    Seadrill has received a Letter of Award from Husky Oil Operations Limited for a new five-year contract for the newbuild harsh environment semi-submersible rig West Mira for operations in Canada and Greenland. Total estimated revenue potential for the contract, including mobilization and performance bonus is approximately US$1.18 billion for the five firm years. The West […]

  • IHC to Build $800 Mln PLSVs for Seadrill, SapuraKencana

    28 June 2013

    After it was yesterday announced that Brazilian oil giant Petrobras had awarded a $2.7 billion contract to charter and operate three Pipe Laying Support Vessels to SNM, the Joint Venture company owned by Seadrill and SapuraKencana, Seadrill today confirmed the deal and revealed the name of the shipbuilder. The three vessels will be constructed in Holland with […]

  • Petrobras extends West Tellus drillship contract

    4 November 2019
    Business & Finance, Exploration & Production

    Brazilian oil company Petrobras has extended a contract with Seadrill for the use of a drillship.

  • Morris to resign from Seadrill positions in mid-2019

    11 January 2019
    Business & Finance

    CFO of offshore driller Seadrill Limited and CEO of Seadrill Partners has decided to step down from his positions.

  • Seadrill to be Present at the Barclays Capital CEO Energy-Power Conference, New York

    10 September 2010
    Business & Finance

    Seadrill announced that Alf C Thorkildsen, Chief Executive Officer of Seadrill Management AS, will address attendees at the Barclays Capital 2010 CEO Energy- Power Conference in New York. Mr Thorkildsen is scheduled to present at Thursday September 16, 2010, at 8.25 a.m. New York time. The presentation will be publically accessible through the Company’s web […]

  • Pemex terminates rig contract with Seadrill. Driller evaluating legal options

    22 August 2016
    Equipment, Exploration & Production

    Mexican oil company Pemex has terminated a drilling contract with Seadrill over the West Pegasus offshore drilling rig. The driller has disputed the grounds for termination and is reviewing its legal options. During the second quarter of 2015 Seadrill signed a provisional commitment for a two-year extension to the contract with Pemex for the West Pegasus. In conjunction […]

  • Odfjell Drilling to take over management of yet another rig from Seadrill

    12 May 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders, Regulation & Policy, Rules & Regulation

    SFL has inked a new deal with Odfjell Drilling, enabling the latter to replace Seadrill as the manager of another drilling rig.

  • Seadrill targets enhanced managed pressure drilling ops with new collaboration

    17 September 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Innovation, Outlook & Strategy, Technology, Vessels, Vision

    Bermuda-headquartered offshore drilling contractor Seadrill has established a strategic collaboration with Texas-headquartered Oil States International with the aim of “transforming” offshore drilling efficiency and safety by bringing managed pressure drilling (MPD) into mainstream operations. The non-exclusive collaborative relationship is aimed at increasing the safety and efficiency of offshore MPD operations, combining Oil States’ MPD Integrated […]

  • Singapore: Double Naming Ceremony for Seadrill’s UDW Rigs

    8 November 2011
    Business & Finance

    Sembcorp Marine’s subsidiary Jurong Shipyard and Seadrill Limited set a key milestone on November 5, 2011 with the double naming of high-specification, ultra-deepwater semi-submersible drilling rigs West Capricorn and West Leo. The double rig naming – a first for Seadrill and Jurong Shipyard – witnessed the christening of West Capricorn by Ms Evelyn MacLean and […]

  • Exxon hires Seadrill’s drillship for project offshore Nigeria

    11 August 2014
    Business & Finance

    Seadrill in cooperation with indigenous partner Field Offshore Design Engineering Nigeria Limited has secured a contract with Esso Exploration and Production Nigeria Limited, an ExxonMobil subsidiary, for employment of the newbuild ultra-deepwater drillship West Saturn, in support of the ERHA North Phase 2 project in Nigeria. The contract is for a firm period of two […]

  • Seadrill Secures Letter of Intent for Semi-Submersible Newbuild

    7 September 2006

    HAMILTON, Bermuda, Sept. 7, 2006 (PRIMEZONE) — Seadrill has been awarded a letter of intent by an E&P operator in the Gulf of Mexico for the semi-submersible drilling rig West Sirius (Jurong 1). The contract has a firm duration of four years with the option for the operator to extend the contract to five or […]

  • Seadrill Reports 4Q Net Profit of 50 Million

    1 March 2013

    Seadrill, an international offshore drilling contractor today reported that its consolidated revenues for the fourth quarter of 2012 amounted to US$1,215 million compared to US$1,092 million in the third quarter 2012. Operating profit for the quarter was US$441 million compared to US$413 million in the preceding quarter. Net financial items for the quarter showed a […]

  • One-year extension, higher dayrate for Seadrill’s drillship

    2 September 2019
    Business & Finance

    Offshore drilling company Seadrill has won a contract extension for one of its drillships.

  • Nigeria: Seadrill Bags Drillship Contract from Exxon

    11 August 2014
    Business & Finance, Equipment, Operations & Maintenance

    Seadrill Limited, in cooperation with indigenous partner Field Offshore Design Engineering Nigeria Limited has secured a contract with Esso Exploration and Production Nigeria Limited, an ExxonMobil subsidiary, for employment of the newbuild ultra-deepwater drillship West Saturn, in support of the ERHA North Phase 2 project in Nigeria. The contract is for a firm period of […]

  • Seadrill Orders Tender Rig from COSCO, China

    12 April 2012
    Business & Finance

    Seadrill, one of the world’s largest drilling contractors, has placed an order for a new tender rig at the COSCO Nantong Shipyard in China. The new unit, T18, is scheduled for delivery in the fourth quarter 2013. Total project price is estimated at US$135 million, including project management, drilling and handling tools, spares, and capitalized […]

  • One More Seadrill Tender Rig for Chevron Thailand

    4 May 2012
    Business & Finance

    Seadrill has received a Letter of Award for a five-year contract for the tender assist rig T18 by Chevron Thailand Exploration and Production Ltd. Start of operations is scheduled for the first quarter 2014, following the delivery to Chevron of tender assist rigs T15 and T16 during 2013. The estimated value of the five-year contract […]

  • South Korea: Seadrill Confirms Samsung Drillships Contracts

    27 February 2012
    Business & Finance

    South Korea’s Samsung Heavy Industries on Friday announced that it had received contracts for the construction of two drillships without revealing who the costumer was. Today, Seadrill, a Norwegian/Bermudan offshore drilling contractor confirmed the deal. The construction of the drillships is scheduled for completion in the second and third quarter 2014. Total project price per […]

  • Seadrill Buys More Shares in Asia Offshore Drilling

    1 November 2012

    International drilling contractor Seadrill Limited has today acquired additional 12,883 shares of Asia Offshore Drilling Limited. The shares were acquired at a price of NOK 28.70 per share (USD 5.03) . Following this acquisition, Seadrill will be the owner of  65.89% of the total number of outstanding shares in the Asia Offshore Drilling. Asia Offshore […]

  • Seadrill Places Order for Two Jack-Up Rigs

    20 June 2013
    Business & Finance

    Seadrill Limited has entered into new contracts for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China. The newbuild rigs are scheduled for delivery during the fourth quarter of 2015 and the first quarter of 2016, and the total project price per rig is […]

  • Seadrill Sells West Leo and West Sirius Rigs

    3 December 2013

    Seadrill Limited announced today that it has entered into an agreement with Seadrill Partners pursuant to which the Company will sell to (i) Seadrill Operating LP, the Company’s 70% owned subsidiary (“Seadrill Operating”), all of the ownership interests in the entities that own and operate the semi-submersible drilling rig, the West Leo  , and (ii) […]

  • Seadrill drillship gearing up for new job in Brazil

    29 September 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    One of Seadrill’s drillships has arrived offshore in Brazil to complete testing operations ahead of its three-year contract with Petrobras.

  • Equinor to use Seadrill rig for Norwegian Sea work

    16 April 2021
    Exploration & Production, Infrastructure, Regulation & Policy, Safety

    Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the West Hercules drilling rig.

  • Seadrill Partners files for voluntary Chapter 11 protection

    1 December 2020
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Seadrill Partners has filed voluntary petitions under Chapter 11 of the Bankruptcy Code to preserve value and to continue the operation and marketing its assets.

  • Rolls-Royce man taking over as CFO at Seadrill

    29 May 2015
    Business & Finance

    Seadrill, an offshore drilling contractor, has announced that Mark Morris from Rolls-Royce will be joining the company as Chief Financial Officer (CFO), starting from  September 1, 2015. Morris will succeed Rune Magnus Lundetræ at Seadrill, where he will oversee corporate finance, tax, investor relations, and risk and insurance and will report to Seadrill Chief Executive […]

  • Seadrill boosts backlog with new deals but plans for recycling spree

    20 November 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Seadrill has added approximately $52 million to its backlog following the end of 3Q and is looking to manage its rig count by recycling some of its rigs.