Thursday, February 25, 2016
west gemini drillship
Maritime News

Seadrill to Address $10 Billion Debt in First Half of 2016

By Gwladys Fouche OSLO, Feb 25 (Reuters) – Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, will

February 25, 2016
Total Views: 23

Monday, February 1, 2016
west gemini drillship

Seadrill Deepens Cost Cuts to Ride Out CEO’s Worst Rig Slump

By Mikael Holter (Bloomberg) — Seadrill Ltd., once the crown jewel among billionaire John Fredriksen’s oil and shipping holdings, is deepening planned

February 1, 2016
Total Views: 4

Friday, January 15, 2016
Daewoo Shipbuilding & Marine Engineering Co.
Maritime News

Seadrill Delays Two Drillships at DSME

Seadrill Ltd. has emerged as the client who agreed to postpone delivery of two ultra-deepwater drillships under construction at the South

January 15, 2016
Total Views: 14

Tuesday, November 24, 2015
seadrill drillship
Maritime News

Tycoon Fredriksen’s Firms See Diverging Fortunes

By Gwladys Fouche OSLO, Nov 24 (Reuters) – Firms in Norwegian-born billionaire John Fredriksen‘s empire saw contrasting fortunes on Tuesday, as rig

November 24, 2015
Total Views: 16

Seadrill Semi-Rig West Pegasus

Seadrill Turns to Loss on $1.8 Billion Writedown

By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller controlled by billionaire John Fredriksen, reported its first quarterly loss since

November 24, 2015
Total Views: 10

Thursday, October 8, 2015
Seadrill Semi-Rig West Pegasus

Seadrill Hopes to See Market Turnaround in 2017

  OSLO, Oct 8 (Reuters) – Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could

October 8, 2015
Total Views: 4

Wednesday, June 17, 2015

Seadrill Banks Over $204 Million from Sale of Advanced Drillship to Subsidiary

Bermuda-based Seadrill Limited (NYSE: SDRL) has agreed to sell its 6th generation drillship West Polaris to its own subsidiary in a deal that is expected to

June 17, 2015
Total Views: 7

Saturday, May 16, 2015
Seadrill West Hercules

Maersk Anchor Handler Rescues Fallen Rig Hand from Seadrill’s West Hercules

A rig worker assigned to the West Hercules, a semi-submersible drilling rig owned by Seadrill and on contract to Statoil, fell overboard this morning which the

May 16, 2015
Total Views: 35

Thursday, May 7, 2015
west sirius drilling rig

Farstad Stacks Two, Seadrill Loses Huge BP Contract

Farstad Shipping’s CEO Karl-Johan Bakken says today, “very demanding” conditions in the offshore market has forced his company to lay up

May 7, 2015
Total Views: 42

Friday, April 17, 2015
west alpha kara sea rosneft

North Atlantic Drilling’s Deal with Rosneft Postponed Again

North Atlantic Drilling, a subsidiary of offshore rig company Seadrill, has delayed closing a cooperation deal with Russia's Rosneft by two years and agreed to

April 17, 2015
Total Views: 2

Wednesday, March 25, 2015
Seadrill Semi-Rig West Pegasus
Maritime News

John Fredriksen Sails Into Rig Storm of Up to 3 Years

Billionaire John Fredriksen has sailed through troubled waters before. This time, he plans to make the most of a brutal downturn in offshore drilling amid a

March 25, 2015
Total Views: 1

Monday, March 16, 2015

Seadrill Unit Says Rosneft Rig Contract Difficult to Conclude as Scheduled

North Atlantic Drilling warned on Monday it would be difficult to conclude as scheduled a contract with Russia's Rosneft due to weak market conditions and the

March 16, 2015
Total Views: 12

Thursday, March 5, 2015
Seadrill Semi-Rig West Pegasus

Seadrill Braces for Two More Years of Rig Pain on Oil Slump

Seadrill Ltd., the offshore oil driller controlled by billionaire John Fredriksen, said the rig market is unlikely to recover for at least two years following

March 5, 2015
Total Views: 2

Thursday, February 26, 2015

Seadrill and Transocean Report Better Than Expected Earnings As Darkness Looms

The world's biggest offshore drillers reported plunging earnings and orders on Thursday but managed to get a grip on costs to improve their chances of riding

February 26, 2015
Total Views: 1

Friday, February 13, 2015
west eminence

Seadrill Erases $1.1 Billion Worth of Brazilian Offshore Drilling Work

Seadrill reports today contract extensions with Petrobras for their ultra-deepwater semi-submersible drilling rigs West Taurus and West Eminence will likely

February 13, 2015
Total Views: 45

Tuesday, December 30, 2014

Seadrill Executes Buy Option for the West Polaris

Seadrill (NYSE: SDRL) announced today it has exercised a purchase option for the West Polaris, a 6th generation Ultra-Deepwater drillship, from Ship Finance

December 30, 2014
Total Views: 4

Monday, December 8, 2014
Seadrill Semi-Rig West Pegasus

Fredriksen Boosts Seadrill Stake After Shares Slump

Billionaire John Fredriksen bought shares in Seadrill Ltd. for $33.5 million, boosting his stake in the offshore driller to 23.9 percent as the stock fell

December 8, 2014
Total Views: 3

Wednesday, November 26, 2014
seadrill rig west gemini

Seadrill Shares Tumble as Dividend is Cut

"Having a dividend cut is a concrete sign that things are as bad as people fear ... it's another confirmation to how hard it is out there to be an offshore

November 26, 2014
Total Views: 4

Monday, September 22, 2014
Maritime News

Fredriksen’s Breakup With Adviser Troeim Hits Shares

Rig company Seadrill Ltd. and salmon farmer Marine Harvest ASA slumped in Oslo trading amid a fallout between their main owner, billionaire John Fredriksen,

September 22, 2014
Total Views: 10

Friday, September 19, 2014
Seadrill Semi-Rig West Pegasus

Fredriksen Reaffirms Seadrill Commitment After Top Exec Quits

Shipping billionaire John Fredriksen reaffirmed on Friday its commitment to Seadrill, the world's largest rig company by market capitalisation, whose shares

September 19, 2014
Total Views: 0