Seadrill News

 

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…

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…

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…

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…

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…

Seadrill Asks Creditors to Write Off More Than 85% of its Debts

Apr 05, 2021

Offshore drilling rig contractor Seadrill has asked creditors to write off more than 85% of its debts in exchange for a 99% stake in the reorganized company, a court filing showed.The Oslo-listed firm controlled by Norwegian-born billionaire…

Vantage Drilling to Manage Seadrill Partners' Rigs as Court Grants Approval

Mar 22, 2021

Offshore drilling contractor Vantage Drilling has received court approval for a previously proposed deal which entails Vantage managing some of the rigs owned by Seadrill Partners.Vantage said Friday it had has entered into a Framework Agreement…

ExxonMobil Extends Seadrill Drillship's Workscope in Brazil

Mar 05, 2021

U.S. oil major ExxonMobil has recently awarded a contract extension to Seadrill for the use of the West Saturn drillship in Brazil.Seadrill revealed the news in its fourth-quarter 2020 presentation on Thursday. The offshore drilling contractor…

Vantage Drilling Agrees to Manage Seadrill Partners' Floaters

Feb 12, 2021

Offshore drilling contractor Vantage Drilling's subsidiary Vantage Holdings International has signed an agreement to manage and market some of Seadrill Partners' offshore drilling rigs.Under the deal, signed on February 9, VHI will provide marketing…

Sapura Energy Says Brazilian JV Unaffected by Seadrill's Chapter 11 Filings

Feb 09, 2021

Malaysian offshore energy services firm Sapura Energy said that its Brazilian joint venture with Seadrill is not affected by Chapter 11 cases filed by several Seadrill subsidiaries operating in Asia. Sapura Energy said it was responding to media…

Seadrill's Subsidiary Asia Offshore Drilling Files for Chapter 11

Feb 08, 2021

Offshore driller Seadrill said Sunday that Chapter 11 bankruptcy protection cases have been filed in the Southern District of Texas in respect of Seadrill's subsidiaries Seadrill GCC Operations Ltd, Asia Offshore Drilling Limited, Asia Offshore Rig 1 Limited…

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