Seadrill News


Buyers Reportedly Line-up for a Crack at Seadrill

Jul 20, 2021

Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born tycoon John Fredriksen, people familiar with the matter said on Tuesday…

Equinor Books Vela Drillship from Aquadrill for Gulf of Mexico Drilling

Jul 16, 2021

Aquadrill, a drilling company formerly known as Seadrill Partners, said Thursday it had secured a one-well contract with Equinor for the Vela drilling rig in the US Gulf of Mexico. 'The rig will be managed and operated by Seadrill Limited. The…

Decarbonizing Offshore Drilling: FUELSAVE Pens Deal with Seadrill

Jul 13, 2021

Germany-based 'cleantech' provider FUELSAVE has signed a contract with offshore drilling company Seadrill to deploy its advanced combustion conditioning technology on Seadrill's drillship.The technology promises to reduce primary fuel oil consumption and cut Co2 and GHG emissions from the rig…

Safety Boost: 4Subsea to Monitor Var Energi's Drilling Ops at Balder

Jun 24, 2021

Subsea solutions provider 4Subsea has secured a three-year service agreement with the Norwegian oil and gas firm Vår Energi to monitor and analyze wellhead integrity to ensure safe operations for the Balder Future drilling and completion operations in Norway…

Seadrill Chairman Steps Down

May 31, 2021

Offshore drilling company Seadrill Limited said Monday that Glen Ole Rødland had informed it he would be stepping down from the Board 'with immediate effect.'Glen Ole Rødland has been Chairman at Seadrill since November 2019. 'The Board would…

Seadrill Names CFO, COO. Adds New Director to Board

May 28, 2021

Offshore drilling company Seadrill Limited has this week appointed a new chief financial officer and a new chief operating officer, as well as announced the appointment of a new director to its board.Oslo-listed offshore drilling firm said on…

Seadrill Partners Emerges from Chapter 11 Bankruptcy

May 25, 2021

Seadrill Partners, an affiliate of offshore drilling firm Seadrill, said Tuesday it had emerged from Chapter 11 bankruptcy for which it had filed in December 2020.The company said it has successfully completed its reorganization, turning around $2…

Danish Offshore Driller Maersk Drilling Sees Signs of Recovery as Orders Rebound

May 20, 2021

Offshore drilling rig contractor Maersk Drilling said on Thursday it saw some signs of market recovery as it reported that orders in the first quarter were at the highest level in more than three years.The company, which had already on Wednesday lifted its 2021 earnings guidance…

Sonadrill Nets 12-well Drillship Contract in Angola

May 14, 2021

Angolan offshore drilling firm Sonadrill, the 50:50 joint venture between Seadrill and an affiliate of Sonangol, has secured a twelve-well contract in Angola for the Sonangol Quenguela drillship. The contract includes one option for nine wells and eleven one well options…

Seadrill Partners Bags Four-Well Drilling Deal for Rig in Malaysia

May 11, 2021

Seadrill Partners, an offshore drilling contractor, has secured a four-well contract for its West Capella drillship in Malaysia with an unnamed client. The client will have an option to extend the contract for up to seven more wells. The contract's…

Talos Energy Hires Seadrill Drillship for GoM Well

May 07, 2021

U.S. oil and gas company Talos Energy has chartered Seadrill's West Neptune drillship to drill a well in the U.S. Gulf of Mexico.Talos said it would use the  6th generation ultra-deepwater drilling unit to drill the Tornado Attic well to build…

Seadrill Allowed to Use Lender Cash until Aug. 31

May 06, 2021

Seadrill Ltd on Wednesday reached a tentative deal that will allow it to continue using lender cash to fund operations while it works with creditors on a path out of bankruptcy.During a virtual hearing, U.S. Bankruptcy Judge David Jones, sitting in his Laredo…

Report: Noble Corp. Bids for Seadrill's Assets

May 05, 2021

Offshore drilling contractor Noble Corp. has reportedly submitted a bid to acquire some assets of rival Seadrill. This is according to Reorg, a website providing credit intelligence, data, and analytics for hedge funds, asset managers, investment banks…

Wintershall Dea Terminates West Mira Rig Contract After March Incident

May 05, 2021

Oil and gas company Wintershall Dea has terminated the rig contract for the West Mira semi-submersible drilling rig, owned by Northern Ocean, managed by Seadrill.The news of the contract termination was shared Wednesday by Seadrill. Seadrill said: 'Seadrill Limited […

Equinor Contracts Seadrill Drillship West Saturn

Apr 27, 2021

Offshore drilling contractor Seadrill said it has secured a four-year firm contract with four one year options for the West Saturn drillship with Equinor Brasil Energia Ltda for work on the Bacalhau field in Brazil.Total value for the firm portion of the contract…

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