1460 results found for 'seadrill'

1460 results found for 'seadrill'
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  • Seadrill scores extension for West Vela drillship from BP

    16 October 2020
    Business & Finance, Business Developments & Projects

    Oil major BP has awarded a new contract for Seadrill Partners’ West Vela drillship for work in the U.S. part of the Gulf of Mexico.

  • Seadrill’s reorganization plan gets full support from creditors

    9 April 2018
    Business & Finance

    Offshore driller Seadrill has obtained full support from its creditors for the reorganization plan aimed at reducing its massive debt. 

  • Seadrill Orders Two New Jack-Up Rigs in China

    5 March 2013

    Seadrill, an international offshore drilling contractor, 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 […]

  • Seadrill announces successful delivery of the deepwater drillship West Gemini

    2 July 2010

    Seadrill has taken delivery of the new deepwater drillship West Gemini from the Samsung Shipyard in South Korea. The unit was delivered on budget and one day ahead of original delivery schedule. The vessel will carry out a simulated drilling operation in Korean waters before relocation to Angola in West Africa to commence operations under […]

  • Seadrill orders new ultra-deepwater drillship for delivery in 2013

    12 April 2011

    Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at Samsung Heavy Industries in South Korea. Total project price is estimated at US$600 million and the delivery is scheduled for the third quarter 2013.

  • BPC picks Stena instead of Seadrill for Bahamas drilling contract

    26 May 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Bahamas Petroleum has signed a drilling contract with Stena Drilling for the provision of a rig for its Perseverance #1 well, located offshore The Bahamas, thereby ditching its previous plans to use a Seadrill-owned rig.

  • Norwegian-owned Seadrill wins contract to drill for oil off China

    18 January 2007

    Norwegian-owned Seadrill Ltd. said Wednesday it won a US$580 million (ğ446 million), three-year contract for an offshore drilling rig to be used off China by a subsidiary of Husky Energy Inc.

  • SFL – Ship Finance and Seadrill in USD 210 million rig transaction

    3 July 2006

    Ship Finance International Limited (“Ship Finance”) is pleased to advise the purchase of the 2006 built jack up drilling rig Seadrill 3 for a purchase price of USD 210 million. The rig is chartered back to the seller Seadrill III Limited for a period of 15 years. The parent company Seadrill Limited has guaranteed the […]

  • Statoil gears up for Brazilian drilling campaign

    16 February 2018
    Exploration & Production

    Norwegian energy giant Statoil is about to start drilling on the Carcará discovery offshore Brazil, using a Seadrill-owned drillship.  According to information obtained by Offshore Energy Today from a Statoil spokesperson, the Norwegian company is about to start a drill stem test on the Carcará discovery and then drill the Guanxuma prospect in BM-S-8 license in the Santos […]

  • Seadrill Orders New Ultra-Deepwater Drillship from SHI (South Korea)

    24 September 2012
    Business & Finance

    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 […]

  • Statoil Extends Contract for Jack-Up Rig ‘West Epsilon’

    21 December 2012
    Business & Finance

    North Atlantic Drilling Ltd., a majority owned subsidiary of Seadrill Limited, announced today that Statoil has exercised its option to extend the contract for the heavy-duty harsh environment jack-up rig West Epsilon by two years from December 2014 to December 2016. The estimated value of the contract extension is US$215 million. Seadrill Limited operates a […]

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

    1 August 2013
    Business & Finance

    Seadrill Limited announced yesterday that it 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 second and third quarters of 2016, and the total project price per rig is […]

  • Norway: West Navigator Drillship Stays with Shell until Mid-2014

    20 January 2012
    Business & Finance

    North Atlantic Drilling has been awarded an 18 month contract extension for the drillship West Navigator by A/S Norske Shell. This contract extension will secure employment for West Navigator until end of June 2014. The estimated revenue value for the contract extension is US$320 million. Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS […]

  • With offshore drilling industry making strides, Seadrill rig fleet positioned for ‘growth and enhanced performance’

    5 April 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Seadrill has tucked “excellent” operational and strong financial performance under its belt during 2022 while expanding its rig fleet.

  • Bermuda: Seadrill Wins Long-Term Contracts 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 […]

  • LLOG Hires West Neptune Drillship for $662 Mln (USA)

    17 April 2013
    Business & Finance

    Seadrill has signed a contract with LLOG Bluewater Holdings, LLC, for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico. The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates. The potential revenue for the primary contract term is approximately US$662 million. The […]

  • DSIC Offshore Secures $230 Mln Order from Seadrill, China

    1 February 2013

    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, […]

  • Seadrill closing benign jack-up chapter with sale of eight-year stacked rig

    27 December 2024
    Business & Finance, Business Developments & Projects

    Seadrill has bid farewell to a jack-up rig that spent eight years out of work. The divestment is perceived as an enabler of the firm’s strategy to leave the benign jack-up market.

  • Keppel divests entire stake in ultra deepwater tender rig

    12 December 2006

    Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), will divest its entire 72% interest in the rig, West Berani, to SeaDrill Asia Limited (SeaDrill Asia) for approximately US$72 million. This divestment follows the completion of the semisubmersible drilling tender (SSDT), which was delivered on time today.

  • NADL gets NYSE boot

    18 September 2017

    North Atlantic Drilling, a subsidiary of offshore driller Seadrill, is set to be delisted from the New York Stock exchange, following recent restructuring news. Namely, the harsh-environment subsidiary of Seadrill has received a written notice from NYSE Regulation that its common stock is no longer suitable for listing  because of the company’s announcement on September […]

  • Seadrill Secures Contract for West Menang Rig in Malaysia. Orders New Tender Rig in China

    13 April 2011
    Business & Finance

      Seadrill has been awarded an 18 month contract by Murphy Sabah Oil Co Ltd for the semi tender rig West Menang to operate on the Kikeh Spar deepwater field in Malaysia. Estimated contract value is approximately US$100 million (including mobilization and modification of approximately US$14 million), and the commencement is scheduled for later this […]

  • Bermuda: Seadrill Wins New Contracts for Three Jack-up Rigs

    6 February 2012
    Business & Finance

    Seadrill has secured new contracts for the three jack-up rigs Offshore Mischief, Offshore Defender, and West Leda. The aggregated revenue potential is estimated at US$311 million inclusive of mobilization fees and assignment specific rig modifications. Offshore Mischief has been awarded contract by Equion Energia Limited in Colombia. The assignment is for a firm period of […]

  • Norway: Seadrill Announces 3Q Net Income of USD 58 Million

    30 November 2011
    Business & Finance

    Seadrill, a Norwegian-Bermudan offshore drilling company with operations around the globe today announced its third quarter 2011 net income of US$58 million. Consolidated revenues for the third quarter of 2011 amounted to US$1,029 million as compared to US$995 million in the second quarter. Operating profit for the quarter was US$480 million, up from US$430 million […]

  • Seadrill drillship returns for fresh Buckskin well in deepwater Gulf of Mexico

    24 September 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    A Seadrill drillship has started drilling ops on LLOG’s deepwater project in the Gulf of Mexico. The same rig was used for the initial phase as well.

  • Bermuda Based Seadrill Buys Ownership Stake in Asia Offshore Limited

    1 July 2011
    Business & Finance

    Seadrill has participated in a private placement in Asia Offshore Drilling Limited and has been allocated shares for US$54 million which corresponds to a 33.75 percent ownership stake. Asia Offshore Drilling was established by Mermaid Maritime Public Company Limited in late 2010 when two MOD-V B Class jack-up rigs where ordered at Keppel FELS in […]