1460 results found for 'seadrill'

1460 results found for 'seadrill'
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  • Norway: Talks on New Five-Year Contract for West Polaris Under Way

    4 June 2012
    Business & Finance

    Seadrill 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 approximately US$1.16 billion. A final agreement is expected within July […]

  • USA: Seadrill Wins USD 919 Million Contract for West Capricorn Rig

    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 […]

  • Three oil & gas rigs say their goodbyes to Seadrill’s offshore drilling fleet

    26 June 2024
    Business & Finance, Business Developments & Projects

    Seadrill has sold three jack-up rigs deployed in Qatar to its ex-joint venture partner, Gulf Drilling International (GDI).

  • Aquadrill mulls appeal after losing dispute against BP

    21 July 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Aquadrill Offshore, formerly known as Seadrill Partners, has lost in arbitration against BP related to claims for breach of a contract.

  • BPC to use Seadrill rig for Bahamas drilling. Might do it without farm-in partner

    21 August 2019
    Exploration & Production

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

  • Bermuda: Seadrill Successfully Completes Issuance of US$350 Million Bond

    30 September 2010
    Business & Finance

    Seadrill Limited announces today that it has successfully completed issuance of a US$350 million bond in the international market. The senior unsecured bonds have a coupon of 6.5% payable semi-annually in arrears and mature in October 2015. The bonds will be issued and redeemed at 100% of their principal amount. Settlement date is scheduled on […]

  • Norway: North Atlantic Drilling Ltd Finalises Share Allocation

    21 February 2011
    Business & Finance

      Reference is made to the press release on February 16, 2011 regarding the close of the Private Placement in North Atlantic Drilling Ltd. (“NADL” or the “Company”). The Private Placement was closed on February 16, 2011 at 12:00. However, due to significant over-subscription, the NADL share allocation was not finalized before yesterday. As the […]

  • Norway: A/S Norske Shell Receives Approval to Use West Navigator on Ormen Lange Field

    8 July 2011
    Business & Finance

      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 […]

  • Keppel to deliver another KFELS B Class jackup on time

    23 April 2006

    Keppel FELS Limited (Keppel FELS) will deliver a jackup to a wholly-owned subsidiary of SeaDrill Management (SeaDrill) on time and within budget. This is the third KFELS B Class rig that Keppel has completed within the first four months of 2006. During the christening ceremony of the jackup on 21 April 2006, Mr Choo Chiau […]

  • Seadrill Orders Two New Jack-ups in China for delivery in 2012 and 2013

    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 […]

  • Seadrill rig wraps up drilling ops on deepwater Gulf of Mexico well

    7 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    A Seadrill-owned drillship has completed drilling operations on a well located in the deepwater Gulf of Mexico.

  • Wintershall takes West Mira drilling rig on a six-well contract

    28 June 2018
    Exploration & Production

    John Fredriksen’s Northern Drilling has found a firm 6-well contract for its harsh environment drilling rig West Mira with Wintershall.

  • Seadrill sees improvement in offshore drilling market with increased tendering activity

    26 February 2019
    Business & Finance, Exploration & Production

    Offshore drilling contractor Seadrill is seeing continuous signs of improvement in offshore drilling market with increased tendering activity and better contract economics.

  • PV Shipyard to provide hull repairs for Seadrill’s jack-up rig

    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 […]

  • Santos Contracts Jack-up Rig from Seadrill for Operations in Bangladesh

    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 […]

  • Bermuda: Seadrill Orders new Ultra-deepwater Drillships for Delivery in 2013

    11 November 2010
    Business & Finance

    Seadrill has entered into a turnkey contract to build up to four new ultra-deepwater drillships at the Samsung yard in South Korea. The first two drillships are firmly ordered with delivery in the first and second quarter 2013, respectively. Total project price per rig is estimated to be less than US$600 million, which includes a […]

  • Seadrill’s drillship pair heading into the home stretch to start drilling job offshore Brazil

    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.

  • Dibowitz goes from interim to permanent CEO role at Valaris

    9 December 2021
    Business & Finance, Business Developments & Projects

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

  • Seadrill Secures Contract for Jack-Up Rig West Callisto Offshore Saudi Arabia

    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 […]

  • 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 […]

  • Singapore: Keppel delivers Seadrill’s 5th KFELS B CLASS jackup Rig – West Callisto

    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 […]

  • BP to bring ‘West Capricorn’ back in operation

    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 […]

  • Singapore: Sembcorp Bags USD 560 mln Rig Order from Seadrill

    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 […]

  • Seadrill ‘West Freedom’ Jack-Up Rig to Drill in Venezuela for Eni, Repsol

    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 […]

  • Norway: Aker Solutions to Supply Complete Drilling Equipment for Seadrill’s New Rig

    23 July 2012
    Business & Finance

    Aker Solutions has signed a contract with Hyundai Heavy Industries to supply a complete drilling equipment topside package to a new semi-submersible drilling rig the South Korean yard is building for Seadrill, the rig operator. The contract includes an option to supply one more drilling equipment package. “We are very pleased to deliver our first […]