Hat-trick award to bring $404 million to Seadrill

Offshore drilling contractor Seadrill has secured new contracts totalling $404 million for three jack-up rigs in the Middle East. This is Seadrill’s third contract announcement this week. The latest contract awards, announced by Seadrill on Thursday, came in from “a … Read More

New CEO takes over from Jackson at Seadrill helm

Following its exit from Chapter 11 bankruptcy last month, offshore drilling contractor Seadrill has appointed a new President and Chief Executive Officer (CEO). Seadrill said on Thursday that Simon Johnson will replace Stuart Jackson as President and CEO with immediate … Read More

ExxonMobil kicks off drilling ops in Brazil with Seadrill drillship

U.S. oil and gas major ExxonMobil has started drilling an exploration well on the Cutthroat prospect, located in the Sergipe-Alagoas Basin off Brazil, using one of the Seadrill-owned ultra-deepwater drillships. Enauta, whose subsidiary Enauta Energia holds 30 per cent working interest … Read More

Seadrill rig wraps up drilling ops on deepwater Gulf of Mexico well

A Seadrill-owned drillship has completed drilling operations on a well located in the deepwater Gulf of Mexico. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a PREMIUM Subscriber … Read More

Odfjell Drilling replaces Seadrill as rig manager for Northern Ocean

John Fredriksen’s Northern Ocean has reached an agreement with Odfjell Drilling for the management of two of its rigs, made changes to the management team, and moved to improve liquidity in an effort to position itself for the expected recovery … Read More

Petrobras books third Seadrill drillship for Brazilian field

Offshore drilling contractor Seadrill has secured a contract with Brazil’s oil and gas giant Petrobras for work in the Búzios field offshore Brazil, making it the third rig contract for Seadrill on the field. The contract was awarded to the … Read More

John Fredriksen firm takes interest in Valaris

Norwegian billionaire John Fredriksen’s Seatankers Group has acquired an interest in Seadrill’s rival offshore drilling contractor Valaris. Namely, Famatown Finance, a company indirectly controlled by trusts settled by John Fredriksen and a member of the Seatankers Group, has accumulated through … Read More

More Gulf of Mexico work for Seadrill rigs

While working to emerge from Chapter 11, offshore drilling contractor Seadrill has secured more work for its rigs in the U.S. Gulf of Mexico and added about $0.5 billion to its backlog in the period after the end of the … Read More

Seadrill to bag $549 million for Petrobras contracts in Brazil

Offshore drilling contractor Seadrill Limited has been awarded two contracts worth $549 million by Petrobras for the West Carina and West Tellus rigs, which will work on the Búzios field offshore Brazil. The company reported on Friday that two contracts … Read More

No more rigs in Northern Drilling’s fleet after second drillship gets cancelled

John Frederiksen’s Northern Drilling has now cancelled resale contracts for both of its newbuild drillships with South Korea’s DSME. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a … Read More