1444 results found for 'seadrill'

1444 results found for 'seadrill'
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  • 3 April 2014
    Business & Finance

    Vietnam’s PV Shipyard has won a contract to provide hull repairs and yard services for Seadrill’s West Ariel jack-up rig. The rig arrived in PV Shipyard’s jetty on April 1, 2014. West Ariel jack-up rig was operating at the White Tiger Field, offshore Vietnam for Vietsovpetro JV before its arrival to PV Shipyard. Seadrill yesterday […]

  • 6 June 2011
    Business & Finance

    Seadrill has been awarded a new contract by a subsidiary of Santos Ltd. for the jack-up rig Offshore Resolute. The assignment for operations in Bangladesh will have a minimum duration of 130 days under a three firm well plus two optional wells contract. Commencement of operations under the new contract is scheduled for early third […]

  • 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 […]

  • 26 July 2010
    Business & Finance, Equipment

    Keppel FELS Limited (Keppel FELS) is on track towards an on-budget and on time delivery of the KFELS B Class jackup rig, West Callisto, to Seadrill Limited (Seadrill) before the end of July 2010. To date, the project has clocked a good safety record of 2.2 million man-hours without incidents. This rig was named at […]

  • 7 October 2011
    Business & Finance

    Seadrill has entered into a Memorandum of Understanding with a major oil company for a five-year contract for operations in North America with the ultra-deepwater semi-submersible rig West Capricorn. The potential contract value for the firm five-year period is US$919 million, which includes a US$30 million mobilization fee. The oil company has the right to […]

  • 9 December 2021
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Valaris has appointed Anton Dibowitz as President and Chief Executive Officer, effective immediately.

  • 21 August 2019
    Exploration & Production

    The rig would arrive from its current working location in the nearby Gulf of Mexico.

  • 15 November 2010
    Business & Finance

    Seadrill has entered into an agreement for the construction of two jack-up drilling rigs with Dalian Shipbuilding Industry Offshore Co., Ltd (DSIC) in China. The new units are scheduled for delivery in the fourth quarter 2012 and first quarter 2013 respectively, and total project cost is estimated at US$380 million, which include project management, drilling […]

  • 10 November 2014
    Business & Finance

    Norwegian offshore drilling contractor North Atlantic Drilling and Russian oil company Rosneft have delayed a $4.25 billion offshore rig deal. According to an agreement signed by the two companies earlier this year, NADL was to provide six offshore drilling rigs to Rosneft. Also, in a separate deal with Seadrill and NADL, Rosneft was to acquire a […]

  • 26 April 2017
    Exploration & Production

    Offshore deepwater drilling contractor Seadrill has received notification from British oil giant BP to begin preparations to return the West Capricorn semi-submersible drilling rig back in operation. The 2011-built West Capricorn rig is under a long-term contract with the UK oil major operating in the U.S. Gulf of Mexico. Seadrill said on Wednesday that the […]

  • 4 June 2012
    Business & Finance

    Seadrill, one of the world’s largest drilling contractors, has announced it is in advanced discussions regarding a new five-year contract for the drillship West Polaris. This new contract will start in direct continuation of the existing assignment which is scheduled to be completed in October 2012. The potential contract revenue for the five-year period is […]

  • 6 November 2013

    The Board of Sevan Drilling has today announced that Scott McReaken will succeed Scott Kerr as Chief Executive Officer of Sevan Drilling ASA.

  • 19 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Innovation, Project & Tenders

    Seadrill has welcomed back to its rig fleet two drillships, which are getting the finishing touches out of the way to begin their new multimillion-dollar drilling assignments off the coast of Brazil, which are slated to last until the end of 2027.

  • 3 January 2011
    Business & Finance

    Seadrill has entered into an agreement to acquire the two ultra-deepwater semi-submersible drilling rigs, Seadragon I and Seadragon II. The total project price for the two rigs, which are currently under construction at the Jurong Shipyard in Singapore, is estimated to be approximately US$1.2 billion (including project management for the remaining construction period, drilling and […]

  • 19 August 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Seadrill has finished its drilling assignment at a field life extension project in the North Sea off the coast of Norway, which enabled its semi-submersible rig to go to a yard in Bergen.

  • 28 March 2011
    Business & Finance

    Seadrill has been awarded two new contracts by BHP Billiton Petroleum for Offshore Vigilant in Trinidad and Offshore Resolute in Vietnam. The three well drilling assignment for Offshore Vigilant is expected to take 150 days, and the contract value is approximately US$20 million. The two well assignment for Offshore Resolute is expected to take 90 […]

  • 12 March 2012
    Business & Finance

    Seadrill has signed a contract with Saudi Aramco for employment of the jack-up rig West Callisto offshore Saudi Arabia. The contract duration is a minimum of three years plus an option for a one year extension. The potential revenue for the three year period is approximately US$164 million plus a US$20 million mobilization fee to […]

  • 26 March 2021
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders, Safety

    Following an equipment failure on the West Mira rig while it was working for Wintershall Dea in Norway, the rig is expected to remain offline for weeks.

  • 22 May 2012

    Total recently started drilling operations offshore Myanmar at the Yadana field, using Seadrill’s jack-up rig, West Callisto. According to the Seadrill’s Fleet Status Report for May, Total has hired the rig on a three-month contract. The contract, expiring in mid-July, will bring approximately $12 million to Seadrill. Total operates the Yadana field (31.2%). Located on […]

  • 10 October 2011
    Business & Finance

        Seadrill Limited has successfully secured commitments from a group of commercial lending institutions and export credit agencies for a new US$550 million senior secured credit facility. The new facility has a tenor of five years and a 10 years amortization profile. Interest on the loan and the set of financial covenant is in […]

  • 8 July 2011

      A/S Norske Shell has received consent to use the West Navigator mobile facility for drilling and well operations on Ormen Lange. The consent relates to work on subsea template C, drilling of three production wells and drilling of a pilot well. The operation is scheduled to start in July 2011. West Navigator (formerly West […]

  • 5 May 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Safety

    Offshore rig owner Seadrill Limited has revealed that a termination notice has been received for the West Mira rig from Wintershall Dea.

  • 21 February 2011
    Business & Finance

      Seadrill has agreed a new three-year contract with Chevron Thailand Exploration and Production offshore Thailand for the tender rig T12 with a two- year option period. Estimated contract value is approximately US$132 million, and commencement of the assignment is scheduled for the second quarter this year, in direct continuation of the rig’s existing contractual […]

  • 11 July 2013
    Business & Finance

    Seadrill Limited (“Seadrill“) has secured a new contract for the LT-Super 116E jack-up rig West Freedom offshore Venezuela with Cardon IV Venezuela, an ENI SpA and REPSOL joint venture.  The contract is for a firm period of 30 months plus an option for a 6 month extension at mutually agreed rates. The potential revenue for […]

  • 3 April 2012
    Business & Finance

    Sembcorp Marine’s subsidiary Jurong Shipyard has secured a US$568 million contract to build a harsh-environment ultra-deepwater semi-submersible rig from North Atlantic Drilling Limited, a 74 percent owned subsidiary of Seadrill Limited (“Seadrill”). The new rig will be constructed based on the Moss Maritime CS60 design – an enhancement of the Moss Maritime CS50E MKII harsh-environment […]