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
"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
Rig company Seadrill Ltd. and salmon farmer Marine Harvest ASA slumped in Oslo trading amid a fallout between their main owner, billionaire John Fredriksen,
Shipping billionaire John Fredriksen reaffirmed on Friday its commitment to Seadrill, the world's largest rig company by market capitalisation, whose shares
Exxon Mobil Corp. and OAO Rosneft halted drilling on an offshore oil well intended as the first step in unlocking billions of barrels of crude in Russia’s
Due to overcapacity in their rig portfolio, Statoil announced today they will be laying up the COSL Pioneer in the fourth quarter of 2014. The COSL Pioneer
Seadrill Ltd. suffered its longest losing streak in Oslo trading as the rig company controlled by billionaire John Fredriksen risks seeing its bet on Russia
Seadrill breathed a sign of relief today as another one of their drilling rigs under construction at Samsung Heavy gained a charter contract. As gCaptain
A Norwegian drill rig owner is supplying Russian oil giant OAO Rosneft and Exxon Mobil Corp. with the kind of high technology that will be barred under U.S.
An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, attracting international scrutiny and
Oslo-listed Seadrill scrapped plans for a billion-dollar convertible bond issue after a fall in its share price and said its liquidity remained
Seadrill’s West Jupiter, the second of eight 6th generation drilling rigs being built for Seadrill over the next two years has just signed a $1.1
OSLO, May 28 (Reuters) – Seadrill, the world’s biggest offshore rig firm by market capitalisation, has turned gloomy about prospects for the global
Seadrill has announced today a historic cooperation agreement that will result in a significant equity investment by Russian oil supermajor Rosneft into North
ST PETERSBURG, Russia/OSLO, May 24 (Reuters) – Russia’s Rosneft could buy a controlling stake in the world’s largest offshore driller,
After an 11,500 nautical mile tow from Singapore to Curaçao, via the Cape of Good Hope, the Fairmount Sherpa’s job is done. This 75-meter, 16,320
HONG KONG, April 9 (Reuters) – SapuraKencana Petroleum Bhd’s second largest shareholder plans to sell up to $305 million worth of shares in the
Seadrill announced today they have signed USD $319 million in contracts for five of their jack-up rigs. The following is a breakdown of the contract details:
Seadrill expressed a significant amount of forward-looking optimism in their latest earnings report today. The offshore driller expects to continue
Leading offshore drilling company Seadrill announced Tuesday that it has secured drilling contracts with Mexico's PEMEX for the operation of five jack-up rigs
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