1460 results found for 'seadrill'

1460 results found for 'seadrill'
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  • 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 […]

  • 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 […]

  • Singapore: Seadrill Orders Two New Jack-ups for Delivery in 2012 and 2013

    18 October 2010
    Business & Finance

    Seadrill has entered into an agreement for the construction of two jack-up drilling rigs with Jurong Shipyard (JSPL) in Singapore. The new units are scheduled for delivery in the fourth quarter 2012 and first quarter 2013 respectively, and total project price is estimated at US$400 million, which include project management, drilling and handling tools, spares […]

  • 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 […]

  • 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 […]

  • Ghana: Seadrill Wins One-year Contract for Newbuild Ultra Deepwater Rig West Leo

    9 October 2011
    Business & Finance

    Tullow Oil Ghana Ltd., a subsidiary of Tullow Oil plc has awarded Seadrill a one-year contract for operations offshore Ghana with the newbuild ultra-deepwater semi-submersible rig West Leo. The potential contract revenue for the one-year period is US$204 million which includes US$18 million in mobilization revenue. In addition, the rig can earn a daily performance […]

  • 2008-built ultra-deepwater drillship returns to Seadrill’s fold ahead of first foray into South Korea

    20 September 2024
    Business & Finance, Business Developments & Projects

    Seadrill has brought a sixth-generation ultra-deepwater dual-activity drillship back under its management wing before the rig embarks on its first-ever drilling assignment in an East Asian nation on the southern half of the Korean Peninsula.

  • Equinor granted consent to drill North Sea well with Seadrill rig

    4 November 2019
    Exploration & Production

    Equinor has received consent from the Petroleum Safety Authority to consent to drill an exploration well in the North Sea using the West Hercules rig. 

  • Equinor picks Seadrill rig for up to 11 wells in Barents Sea

    19 September 2018
    Exploration & Production

    Offshore driller Seadrill has scored a contract for its West Hercules semi-submersible drilling rig with Equinor.

  • Seadrill Orders Two Hi-Spec Jack-up Rigs in China

    20 June 2013
    Business & Finance

    Seadrill Limited 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 fourth quarter of 2015 and the first quarter of 2016, and the total project price per rig is […]

  • Seadrill’s T-16 Tender Rig Ready for Chevron Contract in Thailand

    4 June 2013

    Seadrill, one of the world’s largest drilling contractors has taken delivery of the T-16 tender rig from the China’s COSCO Nantong shipyard. The T-16 rig will, this month, start contract with Chevron in the Gulf of Thailand. The rig, capable of operating in water depths of up to 6,500 feet will stay with Chevron until […]

  • With Chapter 11 emergence in sight, Seadrill reveals new board members

    18 November 2021
    Business & Finance, Business Developments & Projects

    Seadrill Limited has revealed its new board structure as the company is preparing to emerge from the Chapter 11 bankruptcy.

  • China: COSCO Nantong Hands Over Tender Rig ‘T-15’ to Seadrill

    27 December 2012

    The Board of Directors of COSCO Corporation (Singapore) Limited announced, Dec 26th, that COSCO (Nantong) Shipyard Co., Ltd (COSCO Nantong), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a tender rig, “T-15”, to Seadrill. Seadrill T-15 is a purpose built, self-erecting, tender assisted drilling (TAD) rig pairing an advanced […]

  • Seadrill mulls over divestment of three jack-ups along with stake in Gulfdrill

    26 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill is contemplating the sale of three jack-up rigs, which are working in Qatar, along with its interest in Gulfdrill LLC.

  • Seadrill Secures Contract Worth USD 850 Million for its West Pegasus Rig in Mexico

    8 April 2011
    Business & Finance

      Seadrill has through its affiliate Sea Dragon de Mexico settled the final agreement with Pemex Exploracion y Produccion (“Pemex”) for the provision of the ultra-deepwater semi-submersible drilling rig West Pegasus (previously Seadragon I). The five-year assignment in Mexico has a fixed operating dayrate for the first two years, and the dayrate will be adjusted […]

  • Seadrill Takes Over Two Tender Rigs from COSCO (China)

    6 June 2013
    Business & Finance

    The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Nantong) Shipyard Co., Ltd has delivered two (2) tender rigs “T-16” and “T-17”, to Seadrill. The delivery documents were signed by and between COSCO Nantong and Seadrill recently. [mappress] COSCO, June 6, 2013

  • BPC and Seadrill working to agree critical drilling plan dates for Bahamas well

    10 October 2019
    Exploration & Production

    Bahamas Petroleum Company is working on finalizing a long-form rig contract with Seadrill and preparing for drilling in The Bahamas in 2020.

  • DSIC Offshore Wins $ 460 Mln Order for Two Jackups, China

    20 June 2013

    Seadrill Limited 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 fourth quarter of 2015 and the first quarter of 2016, and the total project price per rig is […]

  • Aquadrill drillship lands one-year gig in Gulf of Mexico

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

    Aquadrill, formerly known as Seadrill Partners, has entered into a charter hire agreement with Diamond Offshore to provide a drillship in the Gulf of Mexico.

  • More floaters scrapped in one year than in previous two decades

    26 November 2015
    Exploration & Production

    Offshore drillers have scrapped forty-four floating drilling rigs in a little over a year, due to a combination of persisting low oil prices, reduced drilling activity, and oversupply in the rig market. The numbers above were revealed this week by Seadrill, one of the largest providers of ultra-deepwater drilling rigs, who expects the challenging market […]

  • Thailand: Seadrill Wins Contract from PTTEP for Jack-up Rig West Leda

    31 May 2011
    Business & Finance

      Seadrill has been awarded a new contract by PTTEP in Thailand for the jack-up rig West Leda. The assignment is for a firm period of nine months and with an option to extend for a further six months. The contract value for the firm period is approximately US$35 million. Commencement of the operations under […]

  • More rig market consolidation on the cards as Transocean and Seadrill ponder merger

    25 October 2024
    Business & Finance, Business Developments & Projects

    A new merger may soon be visible on the rig market horizon, as the Switzerland-based offshore drilling contractor Transocean is now allegedly contemplating a business combination with its Bermuda-headquartered rival Seadrill.

  • Bermuda: Seadrill Secures Contract Extention Worth $90 M for Ultra-Deepwater Rig West Hercules

    30 July 2010
    Business & Finance

    Seadrill has been awarded a six months contract extention for the ultra-deepwater semi-submersible drilling rig West Hercules by Husky Oil China Ltd. The estimated value of the contract extention is approximately US$90 million. The extention secures continued employment for the ultra-deepwater unit offshore China until May 2012. Husky Oil China Ltd. has the right to […]

  • SDRL – New ultra-deepwater semi-submersible rig ordered from Jurong

    2 May 2007

    Seadrill has today entered into a turnkey contract to build another ultra-deepwater semi-submersible drilling rig at the Jurong Shipyard in Singapore. The turnkey contract has a net total project value of US$531.5 million with scheduled delivery of the unit in April 2010. The rig is based on the Friede & Goldman (F&G) design and is […]

  • Ghana: Seadrill Inks One-Year Contract for Ultra-Deepwater Newbuild West Leo

    7 October 2011
    Business & Finance

      Tullow Oil Ghana Ltd., a subsidiary of Tullow Oil plc has awarded Seadrill a one-year contract for operations offshore Ghana with the newbuild ultra-deepwater semi-submersible rig West Leo. The potential contract revenue for the one-year period is US$204 million which includes US$18 million in mobilization revenue. In addition, the rig can earn a daily […]