Saturday, November 23, 2024

Seadrill Limited News

North Atlantic Drilling: No Recovery for Current Shareholders

Rig firm North Atlantic Drilling said in a statement:   North Atlantic Drilling Ltd., a majority owned subsidiary of Seadrill Limited, announced holders of it common stock will receive no recovery in Chapter 11 pr

Seadrill Sells Three Jack-ups to Shelf Drilling

Seadrill Limited, announced that it had reached an agreement with Shelf Drilling to sell the West Triton, West Resolute and West Mischief for a total consideration of $225 million…

Seadrill Bags Contract For West Aquarius

Seadrill Partners (SDLP) has secured a one well contract with BP Canada Energy Group ULC for the West Aquarius in eastern Canada. The contract is expected to commence in the second quarter of 2018.

Rig Extension Deal for Seadrill from Aramco

Seadrill Limited has received a three year contract extension from Saudi Aramco for the jack-up AOD III expiring in December 2019. The extension is in direct continuation of…

Seadrill Pushes Back Drillship Delivery

Seadrill Limited has reached an agreement with DSME shipyard to defer the delivery of two ultra-deepwater drillships, the West Aquila and West Libra, until the second quarter…

Seadrill Cancels West Mira Construction Contract

Offshore drilling company Seadrill Limited said it has exercised its right to cancel the contract for the construction of the West Mira drilling unit following builder Hyundai…

Seadrill Sells Drillship to Seadrill Partners

West Polaris (Photo: Seadrill)

Seadrill Limited announced that it has entered into an agreement with Seadrill Operating LP, the 58 percent owned subsidiary of Seadrill Partners LLC, pursuant to which Seadrill…

Seadrill Reports Robust 4Q 2014 Results

Seadrill Limited reported its fourth quarter results for the three months ended December 31, 2014. ·           Seadrill Limited sells the ultra-deepwater drillship West Vela…

Seadrill’s Norwegian Bond Amendment Approved

Photo: Seadrill

Seadrill Limited announced that North Atlantic Drilling has received approval from its Norwegian bondholders to amend the bond agreement entered into with the Nordic Trustee ASA in October 2013.

Ship Finance Sells Drillship to Seadrill

Ship Finance International Limited announced that Seadrill Limited has exercised a purchase option for an ultra-deepwater drilling unit. Ship Finance acquired the West Polaris…

Seadrill Chairman Reassures Investors as Director Leaves

Seadrill Limited informs that Tor Olav Trøim has decided not to stand for re-election to the Board of Directors in order to focus his efforts on developing Golar LNG. John Fredriksen…

Rosneft and NADL Sign Exchange of Assets Deal

Rosneft, Seadrill Limited and North Atlantic Drilling Limited (NADL) signed a Framework Agreement that envisages long-term cooperation in the sphere of oilfield development projects.

Rosneft Oil Company's Robust Performance

On July 25, 2014, OJSC Rosneft Oil Company came out with their interim consolidated financial statements for 2Q14. In 1H14, the Company continued to demonstrate strong financial…

Rosneft Plan 'Significant' Stake in North Atlantic Drilling

Rosneft informs that at the 18th St. Petersburg International Economic Forum, it signed an Investment and Cooperation Agreement with North Atlantic Drilling Ltd. (NADL) and…

North Atlantic Drilling Set for Initial NYSE Public Offering

North Atlantic Drilling Limited (NADL), a leading offshore harsh environment drilling company in which Seadrill Limited currently holds a 74 percent ownership interest, to file…

Seadrill Wants Remaining Sevan Drilling Shares

Seadrill announces mandatory offer for all outstanding shares in Sevan Drilling. On June 27, 2013 Seadrill Limited announced that it had acquired 116,934,875 shares in Sevan…