1430 results found for 'seadrill'

1430 results found for 'seadrill'
Order results by

A list of search results

  • Seadrill Secures Contract for Newbuild Drillship ‘West Tellus’

    21 July 2013
    Business & Finance

    Seadrill Limited (Seadrill) has signed a contract with Chevron China Energy Company for the newbuild ultra-deepwater drillship West Tellus in support of Chevron’s affiliated global exploration program. The contract commences in China immediately upon shipyard delivery and thereafter relocates to Liberia. The agreement is for a period of 180 days with revenue potential of approximately […]

  • Chevron Thailand Hires Seadrill’s Tender Assist Rig

    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. Commencement 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 […]

  • Seadrill Partners sheds $2.8bn debt, emerges from Chapter 11

    25 May 2021
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Seadrill Partners has emerged from bankruptcy after successfully completing its reorganization under its Chapter 11 plan.

  • Bermuda: Seadrill Announces Highest Quarterly EBITDA in the Company*s History

    31 August 2010
    Business & Finance

    Seadrill reports second quarter 2010 results: Highlights * Seadrill generates second quarter 2010 EBITDA of US$493 million * Seadrill reports second quarter 2010 net income of US$329 million and earnings per share of US$0.77 * Seadrill acquires the seven jack-up rig company Scorpion Offshore Ltd * Seadrill awarded US$2.9 billion in new contracts and contract […]

  • Seadrill Orders Sixth Drillship from Samsung Heavy (South Korea)

    30 April 2012
    Business & Finance

    Seadrill continues to see strong demand for modern ultra-deepwater drilling rigs driven by high oil prices and large deep-water discoveries and increased development drilling. Specific interest, mainly from operators in West Africa and the Americas, demonstrate a trend towards higher day rates and longer term contracts. With yard costs at very attractive levels and Seadrill’s […]

  • South Korea: Seadrill Places Order for Sixth Drillship at SHI

    30 April 2012

    Seadrill continues to see strong demand for modern ultra-deepwater drilling rigs driven by high oil prices and large deep-water discoveries and increased development drilling. Specific interest, mainly from operators in West Africa and the Americas, demonstrate a trend towards higher day rates and longer term contracts. With yard costs at very attractive levels and Seadrill’s […]

  • Bermuda: Seadrill Launches up to US$650 Million Convertible Bond

    21 October 2010
    Business & Finance

    Seadrill Limited announces today that it intends to issue up to US$650 million in principal amount of convertible bonds with a seven-year tenor. This amount includes an increase option of up to US$100 million that has been granted to the joint bookrunners of the offering. The senior, unsecured bonds will be convertible into common shares […]

  • Norway: AGR Signs 3 Year Inspection Agreement with Seadrill Offshore

    11 August 2010
    Business & Finance, Equipment

    AGR Field Operations has signed a 3 year agreement with Seadrill Offshore AS for the provision of inspection and surveys according to authority requirements. The agreement covers all of Seadrill’s rigs on the Norwegian Continental Shelf. AGR Field Operations will under this agreement provide services relating to Drilling Equipment, Lifting Equipment, Rope Access, Derrick Inspection, […]

  • Seadrill expects continued offshore drilling market recovery over rest of the year

    27 February 2020
    Business & Finance, Exploration & Production

    Seadrill has seen an improvement in the offshore drilling market throughout 2019. Although the pace of the recovery has slowed down at the beginning of 2020, Seadrill expects continued market recovery over the remainder of the year.

  • West Capricorn rig picks up MPD notation from ABS

    20 July 2018
    Exploration & Production

    ABS has issued the managed pressure drilling notation to Seadrill for the West Capricorn semi-submersible drilling rig.

  • SapuraKencana Buys $2.9 Bln Worth of Tender Rigs from Seadrill

    11 February 2013

    Seadrill and SapuraKencana have today entered into a conditional sale and purchase agreement in relation to the proposed transaction. Malaysia’s SapuraKencana will acquire all the tender rigs in Seadrill’s fleet except for the West Vencedor, T15, and T16. These three rigs are either owned or planned to be owned by Seadrill Partners LLC. Seadrill will […]

  • Seadrill promotes chief commercial officer to CEO role

    24 May 2017
    Business & Finance

    Offshore drilling contractor Seadrill has appointed a new chief executive officer of the company, effective July 1, 2017. Seadrill said on Wednesday that the company appointed Anton Dibowitz as the new chief executive office. Dibowitz, the current chief commercial officer and executive VP, will succeed Per Wullf who will remain a director of the company. […]

  • New CEO takes over from Jackson at Seadrill helm

    25 March 2022
    Business & Finance, Business Developments & Projects, Human Capital

    Following its exit from Chapter 11 bankruptcy last month, Seadrill has appointed a new President and Chief Executive Officer.

  • Seadrill gets suspension for jack-up contract in Middle East

    30 June 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Seadrill has received a contract suspension for the jack-up drilling rig AOD II operating in the Middle East due to changes in the drilling program.

  • Seadrill emerges from Chapter 11 after a year of restructuring

    23 February 2022
    Business & Finance, Business Developments & Projects

    Seadrill has emerged from Chapter 11, a little over a year after filing for it. This was its second bankruptcy in about four years.

  • Odfjell Drilling replaces Seadrill as rig manager for Northern Ocean

    24 December 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Project & Tenders

    Offshore drilling contractor Northern Ocean has reached an agreement with Odfjell Drilling for the management of two of its rigs.

  • Judge orders Tullow to pay up in Seadrill rig case

    3 July 2018
    Exploration & Production

    Tullow Oil is considering its options including an appeal following a court judgement ordering it to pay a fee to Seadrill over an early rig termination case.

  • Prospector Offshore Completes Sale of Jack-Up Rig to Seadrill

    28 November 2013

    Prospector Offshore Drilling S.A. has completed the previously announced sale of an under-construction jack-up rig. 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 of Prospector Rig […]

  • Seadrill’s drillship gets more time with Petrobras, but with lower dayrate

    23 March 2016
    Business & Finance, Exploration & Production

    Offshore drilling contractor Seadrill has been awarded an 18-month contract extension for the drillship West Tellus by Brazil’s state-owned oil company Petrobras. The contract starts in April 2018 and secures work for the unit through the end of October 2019. The total backlog for the contract extension is approximately $164 million. Seadrill reported that as part […]

  • Seadrill secures $319M in new jack-up rig contracts

    2 April 2014
    Business & Finance

    Seadrill Limited has secured new contracts for the jack-up drilling rigs West Tucana, West Telesto, West Ariel, and West Prospero.   Additionally, the contract for the West Mischief has been extended by four months. The total revenue potential for the four new contracts and one extension is approximately US$319 million. The West Tucana, a Friede […]

  • Seadrill Orders USD 600 Million Drillship in South Korea

    11 April 2011
    Business & Finance

      Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung yard in South Korea. Total project price is estimated at US$600 million (includes project management, drilling and handling tools, spares, capitalized interest and operations preparations). The delivery is scheduled for the third quarter 2013. The new unit is […]

  • Statoil gives Seadrill a Letter of Intent for Drilling Offshore Norway

    19 April 2010
    Business & Finance, Equipment

    Seadrill has a letter of intent from Statoil for a new harsh environment jackup to drill on the Norwegian continental shelf. The five-year contract has an estimated value of around $650 million, including a $24-million mobilization fee, and is due to start in summer 2011. Statoil has an option to extend the contract by one […]

  • Bermuda: Seadrill Wins Contract Extension for West Aquarius Rig

    17 November 2011
    Business & Finance

    Seadrill has been awarded a two-year extension for the ultra-deepwater semi-submersible rig West Aquarius which is currently operating in Asia under a worldwide contract for ExxonMobil. It is anticipated that the extension period will primarily involve operations in the North Atlantic area. An estimated period of 106 days will be required to mobilize the rig […]

  • Tullow Extends West Leo UDW Rig Contract

    17 January 2013
    Business & Finance

    Tullow plc has exercised its contractual option to extend the contract for the ultra-deepwater semi-submersible rig West Leo by two years from May 2016 to May 2018. The West Leo is expected to carry out operations in West Africa until the end of its contract in May 2018.  The potential contract revenue for the extension […]

  • Seadrill asks creditors to write off $4.8 billion of debt

    5 April 2021
    Business & Finance, Business Developments & Projects

    Offshore drilling rig contractor Seadrill has asked creditors to write off more than 85 per cent of its debts in exchange for a 99 per cent stake in the reorganized company.