Join our crew and become one of the 109,010 members that receive our newsletter.

seadrill


Wednesday, October 23, 2024
Offshore

Transocean and Seadrill in Merger Talks Amid Deepwater Drilling Boom

By David Carnevali, Dinesh Nair and David Wethe (Bloomberg) — Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill

October 23, 2024
Total Views: 3228

Wednesday, September 11, 2024
Offshore

Seadrill Eyes Growth via Acquisitions

OSLO, Sept 11 (Reuters) – Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the

September 11, 2024
Total Views: 1038

Wednesday, May 15, 2024
Offshore

Seadrill Sets New Record with Cycle-High Dayrate of $545,000

Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) reported a record dayrate of $545,000 for a one-well contract in the first quarter of

May 15, 2024
Total Views: 871

Tuesday, December 26, 2023
Seadrill drillship on the horizon
Offshore

Seadrill Secures $1.1 Billion Contracts with Petrobras

Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) has been awarded fixed-term contracts by Petrobras for its drillships, West

December 26, 2023
Total Views: 1374

Tuesday, April 4, 2023
Seadrill drillship on the horizon
Offshore

Seadrill Completes Aquadrill Acquisition, Creating Leading Offshore Drilling Company

Offshore drilling company Seadrill Limited has announced the successful all-stock acquisition of Aquadrill LLC. The acquisition, valued at $958 million,

April 4, 2023
Total Views: 1271

Friday, December 23, 2022
Seadrill drillship on the horizon
Offshore

Seadrill Acquires Aquadrill in All-Stock Deal

Offshore drilling contractor Seadrill (NYSE and OSE: SDRL) has entered into a definitive agreement to acquire UK-based Aquadrill in an all-stock transaction.

December 23, 2022
Total Views: 763

Friday, May 27, 2022
offshore oil and gas rig
Offshore

Offshore Rig Dayrates ‘Quickly Heading’ to $400,000

By Nerijus Adomaitis OSLO, May 27 (Reuters) – Rental rates for offshore oil and gas rigs have rocketed higher, boosted by a race to lift production

May 27, 2022
Total Views: 3857

Wednesday, February 23, 2022
Seadrill Emerges from Chapter 11 Bankruptcy
Offshore

Seadrill Emerges from Chapter 11 Bankruptcy

Offshore drilling contractor Seadrill has emerged from its second bankruptcy in four years after successfully completing its reorganization pursuant to its

February 23, 2022
Total Views: 1317

Tuesday, July 20, 2021
FILE PHOTO: Norwegian-born shipping tycoon John Fredriksen speaks in Oslo, Norway, June 1, 2017. REUTERS/Ints Kalnins/File Photo
Offshore

Buyers Circle Seadrill as it Plots Bankruptcy Exit

By David French (Reuters) Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd,

July 20, 2021
Total Views: 2893

Sunday, April 4, 2021
semisubmersible drilling rig at sea
Shipping

Seadrill Proposes Debt Write-Off in Bankruptcy Court -Report

By Rafaela Lindeberg (Bloomberg) — Offshore contractor Seadrill Ltd., owned by billionaire John Fredriksen, is proposing a debt write-off of just over

April 4, 2021
Total Views: 2644

Thursday, February 11, 2021
Seadrill Files for Chapter 11 Bankruptcy
Offshore

Seadrill Files for Chapter 11 Bankruptcy

Seadrill Ltd and most of its subsidiaries have filed for Chapter 11 proceedings in the Southern District of Texas as part of a balance sheet restructuring

February 11, 2021
Total Views: 2006

Tuesday, September 29, 2020
golar seal lng carrier klaipeda
Shipping News

Golar LNG Unit CEO Takes Leave of Absence Amid Brazil Corruption Investigation

Sept 29 (Reuters) – Golar LNG said on Tuesday Hygo Energy Transition Ltd Chief Executive Officer Eduardo Antonello has taken leave of absence with

September 29, 2020
Total Views: 157

Thursday, November 21, 2019
seadrill drillship
Shipping News

Fredriksen Steps Down as Seadrill’s Board Chairman

By Mikael Holter (Bloomberg) — Billionaire John Fredriksen stepped down as chairman of Seadrill Ltd., raising the question of whether he could become

November 21, 2019
Total Views: 81

Friday, July 19, 2019
west gemini drillship
Offshore

Seadrill’s West Gemini Awarded Contract in West Africa

Offshore drilling contractor Seadrill has announced a contract award from an undisclosed customer for its ultra-deepwater drillship West Gemini in West Africa.

July 19, 2019
Total Views: 118

Tuesday, May 28, 2019
seadrill drillship
Shipping News

Seadrill’s Plunge Deepens After Analysts Slash Target

By Mikael Holter (Bloomberg) — Seadrill Ltd. plunged to the lowest since it emerged from bankruptcy less than year ago after Carnegie Investment Bank AB

May 28, 2019
Total Views: 26

Tuesday, September 18, 2018
westa quarius rig
Shipping News

ExxonMobil Contracts Semi-Submersible West Aquarius for Work Offshore Canada

Seadrill Partners announced it has secured a one-well contract with ExxonMobil for its semi-submersible West Aquarius off the east coast of Canada. Backlog for

September 18, 2018
Total Views: 137

Friday, July 6, 2018
seadrill drillship
Offshore

John ‘Big Wolf’ Fredriksen Steers Seadrill Back to Life After Taking $5 Billion Hit

By Mikael Holter (Bloomberg) — John Fredriksen’s stake in Seadrill Ltd., once worth more than $5 billion, was virtually wiped out in the

July 6, 2018
Total Views: 128

Friday, June 8, 2018
seadrill rig
Shipping News

Bankrupt Seadrill Anticipates Emerging from Chapter 11 in July

Bankrupt offshore drilling contractor Seadrill has announced that it anticipates emerge from the chapter 11 process in the first half of July 2018 upon

June 8, 2018
Total Views: 17

Wednesday, May 9, 2018
seadrill drillship
News

John Fredriksen’s Northern Drilling Snaps Up Newbuild Drillships on the Cheap

John Fredriksen-controlled Northern Drilling has entered into agreements to acquire two newbuild ultra-deepwater drillships from South Korea’s Daewoo

May 9, 2018
Total Views: 85

Monday, February 26, 2018
seadrill falls
News

Seadrill Reaches Joint Restructuring Deal with Creditors

By Nerijus Adomaitis and Tom Hals OSLO/WILMINGTON, Del., Feb 26 (Reuters) – Shipping tycoon John Fredriksen has reached an agreement with a majority

February 26, 2018
Total Views: 40
close

JOIN OUR CREW

Maritime and offshore news trusted by our 109,010 members delivered daily straight to your inbox.