1460 results found for 'seadrill'

1460 results found for 'seadrill'
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  • Fugro wins work on Irish offshore wind project

    9 March 2026
    Business Developments & Projects, Project & Tenders

    Oriel Windfarm, a joint venture between ESB and JERA Nex BP, has awarded a contract to Fugro for a detailed geotechnical site investigation for the Oriel offshore wind project in Ireland. The work will inform the design and installation of foundations for 25 offshore wind turbines that will make up the 375 MW offshore wind […]

  • Petronas picks local tubular running services provider for next five years

    15 May 2026
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Malaysia’s state-owned oil & gas heavyweight Petronas has awarded a local company a five-year contract for the delivery of tubular running services (TRS). Kuala Lumpur-headquartered Destini Oil Services, the energy arm of Destini Group, officially secured the contract on March 30, 2026, with it ending on March 29, 2031. According to Destini, the five-year duration […]

  • After Shell, Malaysian firm gets to work for Petronas

    26 May 2026
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    Malaysian offshore soil investigation and geotechnical engineering services company Helms Geomarine has performed an offshore geotechnical investigation campaign for Shell offshore Sarawak. The campaign was carried out for Sarawak Shell Berhad using the DP2 geotechnical survey vessel Keyfield Helms 1, ahead of schedule, the Malaysian company said. The scope included soil boring, seabed sampling and […]

  • Petronas seals 20-year deal with MISC for newbuild LNG vessel quintet

    12 May 2026
    Business & Finance, Business Developments & Projects, Vessels

    Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services MISC Group, a member of the Petronas Group of Companies, has struck a multi-year charter with Petronas LNG Ltd. (PLL), a subsidiary of Petronas, for five newbuild liquefied natural gas (LNG) carriers (LNGCs).

  • Seadrill’s rig trio scoops up drilling jobs in US and Angola

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill, an offshore drilling contractor, has found more work in the U.S. Gulf and Angola for three mobile offshore drilling units (MODUs) in its rig fleet.

  • African offshore oil field set to come online by month-end

    12 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, is planning to start oil production from an oil field off the coast of Benin by the end of January 2026.

  • Seadrill’s 2011-built rig is hard at work in North Sea with ConocoPhillips

    28 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    A 14-year-old jack-up rig, owned by Seadrill, an offshore drilling contractor, is going full speed ahead with drilling operations at an oil field in the North Sea off the coast of Norway.  

  • Appraisal of black gold discovery coming up next year in Gulf of America

    6 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Houston-based energy player Talos Energy is setting the stage to undertake appraisal activities in 2026 at its recent oil discovery in the Gulf of America (U.S. Gulf of Mexico), which was drilled with a drillship owned by Seadrill, an offshore drilling contractor.

  • Unleashing more gas at the heart of Mubadala’s partnership with Indonesian player

    10 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has pooled resources with PLN Energi Primer Indonesia (PLN EPI), a subsidiary of Indonesia’s energy and electricity supplier, to supply gas from its gas fields in the Andaman Sea.

  • Seadrill Partners buys stake in Seadrill Operating

    18 July 2014
    Business & Finance

    Seadrill Partners LLC has entered into an agreement with Seadrill Limited pursuant to which it will acquire an additional 28% interest in Seadrill Operating LP for approximately $373 million. After completion of the acquisition, the Company will own a 58% interest in Seadrill Operating which is now in line with the ownership level of the […]

  • New director for Seadrill

    27 November 2015
    Business & Finance

    Seadrill Limited, an offshore drilling contractor, has appointed Georgina Sousa as a Director of the company. According to the offshore driller, Sousa has served as its corporate secretary since December 2005. She is currently a Director, Secretary and the Head of Corporate Administration for Frontline Ltd. and a Director and Company Secretary for North Atlantic Drilling […]

  • Rig extension for Seadrill

    23 November 2010

    Brunei Shell Petroleum has extended the contract for Seadrill’s rig. The contract value is estimated to approximately $131 million. The new contract is scheduled to start in direct continuation of the current contract with Shell, at the end of the first quarter 2012, Seadrill informs.

  • Seadrill secures cash

    29 September 2010

    The five year bond is issued in the international market, and the size is believed to be in the range of 2-400 million dollars. Investors have already committed 200 million, according to a stock exchange notice.

  • Seadrill Sells Tender Rig T-16 to Seadrill Partners

    15 October 2013
    Business & Finance

    Seadrill Limited has entered into an agreement to sell the company that owns the tender rig T-16 to Seadrill Partners LLC for a total purchase price of US$200 million, less approximately US$93 million of debt outstanding under the credit facility secured by the T-16. Seadrill Partners will acquire the company that owns the T-16 in […]

  • Seadrill Limited Sells T-16 Tender Rig to Seadrill Partners

    14 October 2013
    Business & Finance

    Seadrill Limited has entered into an agreement to sell the company that owns the tender rig T-16 to Seadrill Partners LLC for a total purchase price of US$200 million, less approximately US$93 million of debt outstanding under the credit facility secured by the T-16. Seadrill Partners will acquire the company that owns the T-16 in […]

  • New milestone for Seadrill rig

    20 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill has tucked a new milestone under its belt, thanks to the installation of a controlled mud level (CML) system on one of its rigs.

  • Seadrill takes action to insulate Seadrill Partners from restructuring

    17 August 2017
    Business & Finance, Exploration & Production

    Indebted offshore driller Seadrill Limited has made changes to its credit facilities to insulate Seadrill Partners, a limited liability company formed by Seadrill Limited to own drilling rigs, from its restructuring. Seadrill Limited informed on Thursday it has completed amendments to three secured credit facilities that relate to rigs bought by Seadrill Partners from the company […]

  • Seadrill Limited sells West Auriga drillship to Seadrill Partners

    12 March 2014
    Business & Finance

    Seadrill Limited announced today that it has entered into an agreement with Seadrill Partners pursuant to which the Company will sell to Seadrill Capricorn Holdings LLC, Seadrill Partners’ 51% owned subsidiary, all of the ownership interests in the entities that own and operate the drillship, the West Auriga. The Company owns the remaining 49% interest […]

  • Seadrill elects new director

    15 January 2015
    Business & Finance

    The Board of Seadrill Limited has announced that Dr. Charles Woodburn has been appointed as a Director of the Company. Dr. Woodburn has been the Chief Executive Officer of Expro Group since 2010. Previously, he spent 15 years with Schlumberger where he held many senior management roles, including President of Wireline. More recently, he was […]

  • Seadrill sheds SapuraKencana stake

    28 April 2016

    Offshore drilling contractor Seadrill has sold its remaining stake of approximately 490 million shares in SapuraKencana, an oilfield services company based in Malaysia.  Seadrill said on Wednesday it has sold its 8.2 percent stake in the Malaysian company for approximately $195 million. The offshore drilling contractor noted that the proceeds from the share sale would provide additional […]

  • Seadrill Increases Ownership in AOD

    27 November 2012
    Business & Finance

    Seadrill, an international offshore drilling contractor, has today acquired additional 1,127 shares of Asia Offshore Drilling Limited (AOD). The shares were acquired at price NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 26,377,643 shares in the Company, corresponding to 65.94% of the total number of outstanding shares in the Company. […]

  • Seadrill Limited Sells West Auriga Drillship to Seadrill Partners LLC

    12 March 2014
    Business & Finance

    Seadrill Limited reached an agreement with Seadrill Partners to which the Company will sell all of the ownership interests in the entities that own and operate the West Auriga drillship. The Auriga Acquisition, which is expected to close within 30 days, will be accomplished through a series of purchases, contributions and assumptions of debt and […]

  • Seadrill adjusts credit facility

    15 August 2017
    Business & Finance

    Cash-strapped offshore driller Seadrill has amended the term credit facility provided to its subsidiary Seadrill Eminence Ltd. to mature on September 14, 2017, thus getting more time for restructuring plan talks with its banks.  The driller, which has been in talks with creditors for months, said on Tuesday that the amendment was implemented by way […]

  • Seadrill Ups Stake in AOD

    29 November 2012

    Seadrill yesterday bought additional 1,887 shares of Asia Offshore Drilling Limited (AOD) at a price of NOK 28.70 per share. The international offshore drilling contractor now owns 26,379,530 shares in the Company, corresponding to 65.95% of the total number of outstanding shares in the Company. Seadrill is working to acquire all of the remaining shares of […]

  • Seadrill Increases Ownership in AOD

    26 March 2013

    Seadrill Limited has today acquired additional 2,488 shares of Asia Offshore Drilling Limited. The shares were acquired at the price of NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 39,709,313 shares in the Company, corresponding to 66.18% of the total number of outstanding shares in the Company. [mappress] Press Release, […]