1460 results found for 'seadrill'

1460 results found for 'seadrill'
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  • Thailand: Seadrill, Chevron Agree $132 Million Contract for T12 Tender Rig

    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 […]

  • Wintershall Dea terminates West Mira rig after x-mas tree incident

    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.

  • NADL, Rosneft delay multi-billion rig deal

    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 […]

  • Seadrill Negotiating USD 1.16 bln Gig for West Polaris Drillship (Norway)

    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 […]

  • Scott Replaces Scott as Sevan Drilling CEO

    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.

  • Seadrill rig wraps up North Sea drilling campaign and comes to Norwegian yard

    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.

  • Norway: Seadrill Acquires Two Semi-Submersible Ultra-Deepwater Rigs Under Construction

    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 […]

  • Seadrill Bags Two New Contracts for its Jackup Rigs in Vietnam and Trinidad

    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 […]

  • Regulator issues order following ‘West Mira’ disconnection incident

    22 September 2020
    Authorities & Government, Regulation & Policy, Safety

    Norwegian offshore safety regulator, the Petroleum Safety Authority (PSA), has completed its investigation of the incident on West Mira rig where the lower marine riser package (LMRP) was unintentionally disconnected.

  • West Mira rig returning to work in April after dropping X-mas tree on seabed

    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.

  • Offshore watchdog finds irregularities in ‘West Bollsta’ AoC application

    2 April 2020

    Norwegian offshore safety watchdog has found irregularities regarding an application for the Acknowledgement of Compliance (AoC) for the West Bollsta drilling rig.

  • West Callisto Drills for Total Offshore Myanmar

    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 […]

  • Norway’s Equinor spuds exploration well offshore Canada

    17 May 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Norwegian energy giant Equinor has started its drilling campaign offshore Canada. The success of this campaign would contribute to Bay du Nord’s resources.

  • Norway: Seadrill Gets Commitments for New USD 550 Million Credit Facility

    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 […]

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

    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 […]

  • Green light for drilling of Gulf of Mexico oil & gas prospects with Noble and Seadrill drillships

    8 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    LLOG Exploration has confirmed the approval of drilling activities at three wells in the U.S. Gulf of Mexico.

  • Valaris CEO, CFO step down. Former Seadrill head named acting CEO

    20 August 2021
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    President and chief executive officer (CEO) of offshore drilling contractor Valaris will step down from his position effective 2 September 2021.

  • Seadrill Signs Drilling Contracts with Chevron Thailand for Two Newly Ordered Tender Rigs

    28 February 2011
    Business & Finance

      Seadrill has entered into an agreement for the construction of two tender rigs with the COSCO Nantong Shipyard in China. The two new units, T15 and T16, are scheduled for delivery in the first quarter and third quarter 2013, respectively. Total project price is estimated at US$225 million, which includes project management, drilling and […]

  • ExxonMobil to Hire West Alpha Rig for USD 410 Mln (Norway)

    28 June 2012
    Business & Finance

    Seadrill’s subsidiary North Atlantic Drilling has received a letter of intent from ExxonMobil for assignment of the harsh environment semi-submersible drilling unit West Alpha. The extension has a firm period of two years with an estimated revenue value of US$410 million. Commencement of operations under the contract extension is expected in the third quarter of […]

  • Seadrill’s Ultra Deepwater Rig WEST ORION Starts Drilling Offshore Brazil

    19 July 2010

    Seadrill informs that the ultra-deepwater semi-submersible rig West Orion has commenced drilling operations for Petroleo Brasileiro S.A – Petrobras offshore Brazil. West Orion, which was delivered from Jurong Shipyard in Singapore on April 20 this year, arrived offshore Brazil in early July and has since the been preparing for start-up of operations. West Orion is […]

  • Seadrill Secures US$131 Million Contract Extension for West Pelaut in Brunei

    23 November 2010
    Business & Finance

    Seadrill has been awarded a new contract extension by Brunei Shell Petroleum for the semi-tender assist rig West Pelaut. The production drilling assignment has a firm duration of three years, and the contract value is estimated to approximately US$131 million. The new contract is scheduled to start in direct continuation of the current contract with […]

  • Sulmara and XOCEAN deliver survey off Aruba

    10 August 2020
    Infrastructure, Project & Tenders, Technology

    Sulmara Subsea recently joined forces with XOCEAN to deliver a seabed survey offshore Aruba on behalf of SeaDrill using an XO-450 unmanned surface vessel (USV). The USV completed the 26 square kilometres seafloor survey in 70 metres of water using high resolution multibeam. The objectives were to identify any seafloor features and also classify the […]

  • Norway: Seadrill Gets LoA for Semi-Sub Rig. Backlog Now at USD 13.3 bln

    30 April 2012
    Business & Finance

    Seadrill, a Norwegian-Bermudan offshore drilling company with worldwide operations, has received a letter of award for a new three year contract for a semi-submersible rig. The contract comes from a reputable oil company and the potential contract is for operations offshore West Africa. The contract is scheduled to start in the second quarter 2013 The […]

  • Sevan Drilling Raises $179 Mln Through Private Placement (Norway)

    15 January 2013

    Norwegian drilling contractor Sevan Drilling has raised NOK 987.5 million (approx. USD 179 million) in gross proceeds through a private placement of 250,000,000 shares, each with a par value of NOK 1 at a price of NOK 3.95 per share (the “Private Placement”). The Private Placement was oversubscribed at the subscription price and was supported […]

  • Centrica to Use West Alpha Rig for Drilling in Norwegian Sea

    7 March 2012

    Centrica Energi has been granted consent to conduct exploration drilling in the Norwegian Sea with the West Alpha mobile facility.  The consent applies to drilling of well 6506/11-9S, which is part of production licence 477.  Water depth at the site is 249 metres.  Drilling is scheduled to start in March 2012. The expected duration of […]