1460 results found for 'seadrill'

1460 results found for 'seadrill'
Order results by

A list of search results

  • Seadrill agrees debt payment suspension with creditors

    16 September 2020
    Business & Finance, Business Developments & Projects

    Seadrill has entered into an agreement with some of its lenders for the suspension of debt payments while the company is working on restructuring its debt.

  • Seadrill reaches safety milestone offshore Congo

    7 June 2016
    Exploration & Production, Project & Tenders

    Seadrill, an offshore deepwater drilling contractor, has reached a safety milestone offshore Congo. Seadrill stated via social media on Monday that its jack-up rig the West Ariel has marked its eighth straight year without lost time injury (LTI). The KFELS ‘B’ class, independent jack-up rig, was built in Singapore in 2008 by Keppel FELS Shipyard. […]

  • Seadrill Buys Under-Construction Rig in China

    15 November 2013

    Prospector Offshore Drilling today informed that it has entered into an agreement to sell an under-construction jack-up rig to Seadrill. According to a press release issued by Prospector Offshore this morning, Seadrill will pay $55.2 million in cash to Prospector for the JU2000E-design rig, being built in China. The closing of the transaction will be […]

  • Seadrill Names New Senior VP, CAO

    2 December 2013

    The Board of Seadrill has today announced David Sneddon to succeed Robert Hingley-Wilson as Chief Accounting Officer and Senior Vice President of Seadrill Management Limited. Sneddon is joining Seadrill effective December 1, 2013 as Senior Vice President and Chief Accounting Officer. Prior to Seadrill he held several senior positions in Novelis Inc., most recently as […]

  • Seadrill Gets Contract Extension for ‘West Leo’

    17 January 2013
    Business & Finance

    Tullow plc has exercised its contractual option to extend the contract for the ultra-deepwater semi-submersible rig West Leo by two years from May 2016 to May 2018. The West Leo is expected to carry out operations in West Africa until the end of its contract in May 2018. The potential contract revenue for the extension […]

  • Seadrill to Launch Offer for Sevan Drilling Takeover

    27 June 2013
    Business & Finance

    Seadrill Limited issued June 26, a mandatory notification of trade regarding purchase of shares in Sevan Drilling ASA. Following the notification Seadrill has today purchased an additional 116,934,875 shares in Sevan Drilling at a price of NOK 3.95 per share. Following the purchase, Seadrill owns (including shares purchased under forward agreements) 297,893,964 shares in Sevan […]

  • NADL, Seadrill Make Progress in Partnership Discussion

    14 October 2013
    Business & Finance

    North Atlantic Drilling Ltd. (NADL) and Seadrill Limited announced on August 15, 2013 that the companies were actively engaged in specific discussions with the potential to bring in a strategic partner as a major owner in NADL. The parties have made solid progress in these discussions but have not yet been able to find a mutually […]

  • Sevan Drilling Rigs Now Run by Seadrill

    17 September 2013
    Business & Finance

    Norwegian drilling contractors Sevan Drilling and Seadrill have executed agreements under which Seadrill will take over the management of Sevan Drilling offshore drilling rigs. Seadrill, which owns a controlling stake in Sevan Drilling, will manage the operation of the company’s Sevan Driller, Sevan Brasil, Sevan Louisiana and, ultimately, Sevan Drilling Rig 4 which is under construction […]

  • SeaDrill Sells Ocean Rig ASA Position

    6 January 2006

    The Board of SeaDrill has today January 6, accepted an offer to sell the Company’s position in Ocean Rig ASA. Totally, 21,414,028 shares were sold at NOK 89 per share. In addition, the Ocean Rig ASA 04/07 Convertible Bond, nominal value NOK 10,500,000

  • Seadrill Delays Newbuilds amid Challenging Market

    27 August 2015
    Business & Finance

    Offshore drilling company Seadrill has delayed deliveries of two drillships currently under construction for two years amid volatile market conditions that pushed the company’s profit by 37% in the second quarter of 2015. The drillships in question are the West Draco and West Dorado whose deliveries have been pushed back from the third and fourth […]

  • Strong start for Seadrill in 2023 with almost fully employed rig fleet

    23 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill has managed to enhance its operational and financial performance in the first quarter of 2023.

  • Talos books Seadrill rig for deepwater Tornado well

    6 May 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Talos Energy has hired a drillship from Seadrill to drill an infill well on the Tornado field located in the U.S. Gulf of Mexico.

  • Sapura’s JV with Seadrill not impacted by Chapter 11 cases

    9 February 2021
    Business & Finance, Business Developments & Projects, Vessels

    Sapura Energy has clarified that its joint venture with Seadrill is not impacted by the recent Chapter 11 cases filed by several Seadrill subsidiaries.

  • Seadrill laid off more than 1700 workers in 2016

    28 February 2017

    Offshore driller Seadrill Limited laid off 1.724 workers in 2016 in a cost cutting move, as offshore drillers have been hurt by low activity levels caused by depressed oil prices. The company on Thursday said that the headcount had been reduced from 6.995 at year end 2015 to 5.271 at year end 2016. Of the […]

  • Seadrill drillship kicks off its gig off Brazil

    8 February 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill has revealed that one of its drillships embarked on its assignment at a field offshore Brazil with the country’s oil and gas giant Petrobras.

  • Seadrill drillship gets more work in Gulf of Mexico

    8 March 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill has secured a contract extension for one of its drillships, which will continue to carry out operations in the U.S. Gulf of Mexico. 

  • Report: GDI, Seadrill in West Tucana rig deal

    11 July 2018
    Exploration & Production

    Qatar’s Gulf Drilling International and Norway’s Seadrill have reportedly signed an agreement for the utilization of the jack-up drilling rig “West Tucana.”

  • Seadrill to sell seven jack-up rigs for $628 million

    1 September 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy

    Seadrill has entered into a binding share purchase agreement with ADES to sell the legal entities that own and operate seven jack-ups in Saudi Arabia.

  • Seadrill handed safety order over rig incident

    16 March 2021
    Authorities & Government, Exploration & Production, Regulation & Policy, Rules & Regulation, Safety

    Norway’s safety watchdog has completed its investigation of an incident on the Seadrill-operated West Bollsta rig when a riser joint dropped during lifting.

  • Seadrill drillship duo picks up drilling jobs in US Gulf

    12 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill, an offshore drilling contractor, has found new drilling assignments for a pair of drillships in its fleet with two U.S.-based oil and gas players, Talos Energy and Murphy Oil, in the U.S. Gulf.

  • Odfjell Drilling to replace Seadrill as manager for another rig

    21 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders, Rules & Regulation

    Offshore drilling contractor Odfjell Drilling will be taking over the management of a jack-up drilling rig from Seadrill.

  • Statoil hires Seadrill drillship for drilling in Brazil

    13 July 2017
    Business & Finance, Exploration & Production

    Offshore driller Seadrill has secured a firm contract for one well and one drill stem test with Statoil for the West Saturn drillship in Brazil. According to Statoil’s statement on Thursday, the exploration drilling with the Seadrill rig will be done in the BM-S-8 license in the Santos basin offshore Brazil, which contains parts of the […]

  • Seadrill Limited Sells T15 Tender Rig

    7 May 2013
    Business & Finance

    Seadrill Limited (“Seadrill) has today entered into an agreement to sell the companies that own and operate the tender rig T15 to Seadrill Partners LLC for a total consideration of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T15. The balance of the acquisition price will be […]

  • Norway: Seadrill Bullish on Outlook for Drilling Services

    14 May 2012
    Business & Finance

    Seadrill, one of the largest drilling contractors in the world reported consolidated revenues for the first quarter of 2012 of US$1,050 million as compared to US$1,059 million in the fourth quarter 2011. The company, that boasts with a versatile fleet of 63 units that comprises drillships, jack-up rigs, semi-submersible rigs and tender rigs reported operating […]

  • Seadrill pauses rigs orders. Cuts dividend

    26 November 2014
    Exploration & Production

    Seadrill will refrain from ordering new offshore rigs in the near future due to the challenging market conditions for offshore drilling contractors. The company also announced it would put dividend distributions on ice. The company, one of the world’s largest offshore drilling contractors, which currently has 16 offshore drilling rigs under construction, said it would wait […]