1444 results found for 'seadrill'

1444 results found for 'seadrill'
Order results by

A list of search results

  • Seadrill Orders Two Jack-Up Rigs from DSIC Offshore (China)

    1 February 2013
    Business & Finance

    Seadrill has entered into an agreement for the construction of two high specification jack-up drilling rigs with Dalian Shipbuilding Industry Offshore Inc. (DSIC Offshore) in China. The new units are scheduled for delivery during the first and second quarter 2015, and the estimated total project price is approximately US$230 million (including project management, capitalized interest, […]

  • Tullow won’t appeal lost rig case. Pays up $248M

    18 July 2018
    Exploration & Production

    Oil company Tullow has paid drilling contractor Seadrill Partners a $248 million fee related to the recent court ruling regarding the rig contract termination case.

  • South Korea: Samsung Yard Bags $ 600 Mln UDW Drillship Order

    24 September 2012

    Seadrill has entered into a turnkey contract to build a new ultra-deepwater drillship at the Samsung yard in South Korea. The project value price is estimated to be around US$600 million (including project management, drilling and handling tools, spares, capitalized interest and operations preparations) with tail-heavy payment terms payable upon delivery, which is scheduled within […]

  • Strong Demand for UDW Drillships Spurs Seadrill to Order One More from SHI (South Korea)

    30 April 2012
    Business & Finance

    Seadrill continues to see strong demand for modern ultra-deepwater (UDW) 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 […]

  • NADL, Seadrill to Boost Harsh Environment Business through Strategic Partnership

    15 August 2013

    North Atlantic Drilling Ltd.  and Seadrill Limited  announced in their first quarter 2013 reports that the companies were actively engaged in discussions with potential strategic partners in order to strengthen NADL’s position in harsh environment areas. The basis for the establishment of NADL in 2011 was to carve out a premium specialist operator with a superior […]

  • China: DSIC Offshore to Build Two Jack-Up Rigs for Seadrill

    5 March 2013
    Business & Finance

    Seadrill has exercised fixed price options for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China. The rigs are scheduled for delivery during the third and fourth quarter of 2015, and the estimated total project price is approximately US$230 million (including project management, capitalized […]

  • Singapore: Jurong Shipyard, Seadrill Hold Double Naming Ceremony for 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 […]

  • 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 […]

  • 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.

  • 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’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 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 […]

  • 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 […]