1460 results found for 'seadrill'

1460 results found for 'seadrill'
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  • Hat-trick award to bring $404 million to Seadrill

    28 April 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Seadrill has secured contracts totalling $404 million for three jack-up rigs in the Middle East.

  • Seadrill finds more work for two drillships in Asia and US

    8 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill has won a new assignment and secured an extension of an existing one for two drillships in its rig fleet.

  • Seadrill Negotiating Contract Extension for West Aquarius Rig

    11 October 2013

    Seadrill Partners LLC announces today that as part of a settlement agreement with it has agreed to non-payment for 37 days during the recent mobilization period as a result of the time required for the ultra-deepwater harsh environment semi-submersible West Aquarius to complete modifications and repairs in order to meet the regulatory requirements for operations […]

  • Seadrill sells three jack-ups to Shelf Drilling

    2 May 2017
    Business & Finance, Exploration & Production

    Offshore drilling contractor Seadrill has reached an agreement with Shelf Drilling to sell three jack-up drilling rigs for a total consideration of $225 million.  The rigs included in the agreement are the West Triton, West Resolute and West Mischief. Seadrill said on Monday that The West Triton and West Resolute are scheduled to be delivered […]

  • Bermuda: Seadrill Completes Deal with North Atlantic Drilling

    4 April 2011
    Business & Finance, Project & Tenders

      Reference is made to the reorganisation of Seadrill’s harsh environment drilling services and the establishment of North Atlantic Drilling Ltd announced on February 15, 2011. Seadrill announces that North Atlantic Drilling’s acquisition of our harsh-environment drilling activities was successfully completed on March 31, 2011. Closing of the transaction took place in line with the […]

  • Seadrill 3Q numbers down on idle rigs, impairment

    22 November 2016
    Business & Finance, Exploration & Production

    Offshore drilling specialist Seadrill saw its third-quarter revenue drop 25 percent on lower dayrates and rigs going out of work. Revenue was $743 million, down from $985 million in the third quarter of 2015. During the quarter, the West Orion, West Phoenix, West Alpha, West Pegasus and Sevan Driller drilling rigs became idle. The West […]

  • China: COSCO to Build New Tender Rig for Seadrill

    12 April 2012
    Business & Finance

    Seadrill has exercised an option to build 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 interest. T18 is similar to the […]

  • China: COSCO Delivers Offshore Tender Rig to Seadrill

    27 December 2012
    Business & Finance

    The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Nantong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a tender rig, “T-15”, to Seadrill. The delivery documents were signed by and between COSCO Nantong and Seadrill on 18 December 2012. Seadrill T-15 is […]

  • Hibiscus: Seadrill rig to drill Sea Lion well

    30 October 2014
    Business & Finance, Equipment, Exploration & Production

    Hibiscus Petroleum’s wholly-owned entity, Carnarvon Hibiscus Pty Ltd (CHPL), has signed a rig share agreement for the drilling of an exploration well located in VIC/P57 offshore Australia. The agreement is signed with Origin Energy Resources Ltd which intends to drill two wells prior to handing over the rig to CHPL. Under the agreement, CHPL will […]

  • Tullow declares Force Majeure on Seadrill rig contract

    3 October 2016
    Exploration & Production

    Offshore drilling contractor Seadrill Partners has received a notice of Force Majeure from Tullow for the West Leo rig contract. According to the driller, Tullow sent the notice effective October 3, 2016, claiming the field the rig has been hired for, is subject to a drilling moratorium by the government of Ghana. The West Leo […]

  • New gig to keep Seadrill Partners’ rig in Malaysia

    27 November 2018
    Exploration & Production

    Offshore Driller Seadrill Partners has secured a contract for its West Capella drillship with Petronas in Malaysia.

  • Seadrill secures letter of intent for ultra-deepwater drillship

    24 October 2006

    Seadrill has been awarded a letter of intent by a major oil company for international explorations activities with the ultra-deepwater drillship West Polaris (Mosvold I). The contract has a firm duration of three years and estimated contract value is approximately US$ 570 million. West Polaris is currently under construction at Samsung Shipyard in South Korea […]

  • Prospector Offshore, Seadrill Finalize Sale and Purchase Agreement

    28 November 2013
    Business & Finance

    Prospector Offshore Drilling S.A. announced yesterday that the previously announced sale of a subsidiary has been completed. Reference is made to the Company’s announcement on 15 November 2013, regarding the agreement with Seadrill Jack-up Holding Ltd., a subsidiary of Seadrill Limited, for the sale and purchase of  100% of the shares and certain intercompany obligations […]

  • Seadrill Buys Songa Eclipse Rig for $590 Million

    16 November 2012

    Songa Offshore has agreed to sell the ultra deepwater semi-submersible rig “Songa Eclipse” to Seadrill. The rig is sold for net sale proceeds of USD 590 million. The ultra-deepwater semi-submersible rig was delivered from the Jurong Shipyard in Singapore in 2011, and is currently operating for Total offshore Angola on a fixed contract ending in […]

  • USA: Seadrill Secures Contracts for Three Newbuild Drillships

    25 July 2012
    Business & Finance, Equipment

    Seadrill has received a commitment from a major oil company for new contracts on newbuild drillships West Auriga, West Vela and a third drilling unit currently in operation, which will be named later. The combined 3 rig package involves 19 rig years and a potential contract value of US$4 billion, including mobilization fees for the […]

  • Sonadrill drillship held in Malaysia due to lack of permits

    15 October 2019
    Exploration & Production

    The Sonangol Quenguela drillship is being held by Malaysian Maritime Enforcement Agency due to docking without permission. 

  • Equinor hires Seadrill rig for work on Bacalhau field off Brazil

    27 April 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Offshore drilling contractor Seadrill has secured a four-year firm contract with four one-year options, for the West Saturn drillship with Norwegian oil major Equinor in Brazil.

  • Court allows Vantage to manage four Seadrill Partners’ floaters

    22 March 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    A bankruptcy court has approved an agreement between Seadrill Partners and Vantage Drilling under which Vantage will manage four Seadrill Partners’ floaters

  • Seadrill facing coercive fine as serious breaches of regulations come to light

    10 March 2021
    Authorities & Government, Regulation & Policy, Rules & Regulation, Safety

    Norwegian offshore safety watchdog has given Seadrill two orders and a decision on a coercive fine after serious breaches of the regulations.

  • Seadrill to Submit Offer For All of the Remaining Scorpion Offshore Shares

    31 May 2010
    Business & Finance

    Seadrill Limited (“Seadrill”) announces the acquisition of a further 9,071,948 shares in Scorpion Offshore Limited (“Scorpion”) on Friday, May 28, 2010 taking its total holding to 45,010,851 shares, representing 50.11 percent of the issued shares in Scorpion. The acquisition of the additional shares was made through Pareto Securities ASA at a price of NOK40.50 per […]

  • Two Seadrill drillships pick up $1.1 billion for work in Brazil

    25 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill has found long-term assignments for two drillships with Brazil’s state-owned oil and gas giant, Petrobras.

  • NYSE pushes to delist Seadrill Partners. Driller set to appeal

    6 September 2019
    Business & Finance

    The New York Stock Exchange gas decided to suspend trading in securities of Seadrill Partners and has started procedure to delist the company, an affiliate of drilling contractor Seadrill, from the exchange. The NYSE reached its decision due to Seadrill Partner’s low market capitalization.

  • Seadrill Orders Another Semi-Tender Rig from Keppel, Singapore

    9 June 2011
    Business & Finance

      Keppel FELS Limited (Keppel FELS) has been awarded a US$142 million contract by Seadrill to build a repeat semisubmersible drilling tender (SSDT) based on the KFELS SSDTTM 3600E design. Scheduled for delivery in 2Q2013, this is the eighth drilling tender that Keppel will be building for Seadrill since the launch of the design in […]

  • Seadrill Limited files for second Chapter 11 in four years

    11 February 2021
    Business & Finance, Business Developments & Projects

    In a move that was almost an inevitability after recent events in the company, offshore drilling contractor Seadrill Limited has filed for Chapter 11 bankruptcy.

  • Husky Hires Seadrill’s Newbuild Rig for Operations in Canada and Greenland

    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 […]