1430 results found for 'seadrill'

1430 results found for 'seadrill'
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  • Keppel FELS delivers its KFELS B Class jackup rig to Seadrill ahead of time

    3 July 2007

    Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered a KFELS B Class design jackup drilling rig to Seadrill Management AS (Seadrill), within budget and ahead of time. This rig was named West Prospero by Lady Sponsor Mrs Jocelyn Pedregosa Shearer, wife of Mr Ian Shearer, […]

  • SFL – $210 million acquisition of a jack-up drilling rig

    11 January 2007

    Ship Finance International Limited (NYSE: SFL) (“Ship Finance” or the “Company”), today announced that it has entered into an agreement to acquire a newbuilding jack-up drilling rig currently under construction, the West Prospero (Seadrill 4), from a subsidiary of Seadrill Limited (“Seadrill”). The purchase price for the drilling rig is agreed to $210 million and […]

  • Seadrill picks up two three-year jack-up extensions in Middle East

    31 December 2019
    Business & Finance, Exploration & Production

    Offshore drilling contractor Seadrill has secured a three-year contract for each of the AOD II and AOD III jack-up rigs.

  • Seadrill closes sale of seven jack-up rigs in Saudi Arabia

    19 October 2022
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Seadrill has completed the sale of seven jack-up rigs to ADES in Saudi Arabia.

  • Singapore: Seadrill Takes Delivery of Sixth KFELS B Class Jackup Rig

    3 December 2010
    Business & Finance

    Keppel FELS Limited (Keppel FELS) has delivered the KFELS B Class jackup rig, West Juno, to Seadrill Jack-ups Limited (Seadrill) on time, within budget and with a perfect safety record. Mr Wong Kok Seng, Executive Director of Keppel FELS, said, “We are proud to have maintained an outstanding track record of quality deliveries to Seadrill […]

  • 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 Enters into Contract for Newbuild Tender Rig Offshore Trinidad & Tobago

    22 December 2010
    Business & Finance

    Seadrill has entered into a conditional agreement with BP Trinidad and Tobago LLC for a firm two year contract plus further one year option period for the newbuild semi-tender West Jaya offshore Trinidad and Tobago. Contract value for the firm period is approximately US$140 million including a mobilization fee for the transit. In addition, BP […]

  • South Korea: Seadrill Places Order for Two Ultra-Deepwater Drillships at Samsung

    27 February 2012

    Seadrill has in the last year seen a surge in long-term demand for tender rigs and modern ultra-deepwater drilling rigs. The growth in rig demand has been particularly strong in the US, East and West Africa regions. The company is of the opinion that the present and foreseeable developments represent a unique investment opportunity. In […]

  • Seadrill takes $1.2 billion impairment and moves to ditch NYSE listing

    2 June 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    Seadrill booked a huge loss in the first quarter of the year due to impairment charges amid a significant reduction in global oil demand.

  • Seadrill Orders New Ultra-Deepwater Dual Derrick Drillship (South Korea)

    11 April 2011
    Business & Finance, Operations & Maintenance

    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 similar […]

  • Seadrill’s revenues down on idle rigs. Over 2,300 jobs cut

    25 February 2016
    Exploration & Production

    Offshore deepwater drilling contractor Seadrill has seen a boost in its income during the fourth quarter of 2015, but a drop in revenues both year over year, and sequentially due to idle rigs.  In the company’s fourth quarter 2015 results report on Thursday, Seadrill reported net income attributable to the parent of $285 million, compared […]

  • Seadrill’s AOD jack-up gets three more years with Saudi Aramco

    29 December 2016
    Business & Finance, Exploration & Production

    Offshore drilling contractor Seadrill has received a three-year contract extension from Saudi Aramco for the jack-up AOD III, expiring in December 2019. Seadrill said on Thursday that the extension is in direct continuation of the current contract and will add approximately $112.5 million in contract backlog. This extension follows the three-year extensions of the AOD […]

  • Seadrill Orders Four New UDW Drillships from South Korea

    15 July 2013
    Business & Finance, Project & Tenders

    Seadrill Limited (“Seadrill” or “the Company”) has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be below US$600 million per unit (including project management, drilling and […]

  • Former Seadrill exec takes over CCO role at Valaris

    27 September 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Offshore drilling contractor Valaris has welcomed a new Chief Commercial Officer (CCO) to its executive management committee.

  • Bermuda: Seadrill Wins Contract for Two Jack-Up Rigs

    9 August 2011
    Business & Finance

    Seadrill has been awarded two new contracts by KJO (AL-Khafji Joint Operations) in the joint development zone between the Kingdom of Saudi Arabia and Kuwait for the jack-up rigs West Triton and Offshore Resolute. The assignments which will commence in direct continuation of their current contracts in Southeast Asia are each for a firm period […]

  • Seadrill hit with early termination notice of rig contract by BP

    19 April 2019
    Exploration & Production

    Offshore drilling contractor Seadrill Partners has received early termination notice for the West Capricorn rig contract approximately three months ahead of schedule.

  • Seadrill given notice of order following ‘West Hercules’ audit

    11 April 2019
    Exploration & Production

    The PSA has given a notice of order to Seadrill regarding its management of emergency preparedness, logistics, maintenance and the working environment on the West Hercules mobile drilling rig.

  • Seadrill Hires Fairstar for Rig Transportation from Trinidad to Vietnam

    16 May 2012
    Business & Finance

    Dutch Fairstar Heavy Transport N.V. (FAIR) has been awarded a new contract from Seadrill to transport the drilling rig Offshore Vigilant from Port of Spain, Trinidad to Vung Tau, Vietnam on Fairstar’s semi-submersible vessel FJELL. The contract value is USD 2.9 million. FJELL has just safely discharged two concrete power generating barges for the Chevron […]

  • Singapore: Seadrill Acquires the Jack-up Rig Petrojack IV

    30 November 2010
    Business & Finance

    Seadrill has  acquired the jack-up drilling rig Petrojack IV from Petrojack IV Pte. Ltd., Singapore. Petrojack IV was delivered from Jurong Shipyard, Singapore in January 2009 and is currently operating for PTTEP offshore Thailand under a long-term contract. Remaining contract period is 3.5 years, lasting until end second quarter 2014. The total purchase price for […]

  • Norway: Seadrill Inks HoA for Potential Puchase of Songa Eclipse

    22 October 2012
    Business & Finance, Equipment

    Seadrill has entered into a Heads of Agreement (“HoA”) with Songa Offshore SE for a potential purchase of the ultra deepwater semi-submersible rig “Songa Eclipse”. The HoA has certain subjects, hereunder board approval from Seadrill and Songa. A key element in the HoA is that Seadrill is granted exclusivity up to 15 November 2012 to […]

  • Seadrill Partners scoops $43 million deal for drillship in Malaysia

    11 May 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Offshore drilling contractor Seadrill Partners has secured a contract for one of its drillships with an undisclosed client in Malaysia.

  • Rig litigation win boosts Seadrill Partners’ 2Q results

    22 August 2018
    Exploration & Production

    Offshore drilling company Seadrill Partners’ second-quarter revenues rose, boosted by a rig litigation win.

  • Seadrill Sells West Juno Jackup Rig to UK Buyer for USD 248 Million

    13 April 2011
    Business & Finance

      Seadrill has entered into an agreement to sell the newly built jack-up drilling rig West Juno to an undisclosed buyer incorporated in UK for a total consideration of US$248.5 million. Seadrill expects to record a gain on sale of approximately US$18 million on closing. Closing of the agreement and the transfer of ownership of […]

  • West Bollsta rig given compliance award

    8 October 2020
    Authorities & Government, Regulation & Policy, Safety

    Following several audits, the Norwegian offshore safety watchdog has awarded an Acknowledgement of Compliance (AoC) for the West Bollsta drilling rig to offshore driller Seadrill.

  • Norway: Seadrill Orders New Ultra Deepwater Drillship from SHI

    11 April 2011

    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 similar […]