Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

  • HOME
  • ADVERTISE WITH US
  • FREE SUBSCRIPTIONS
    • Digital Newsletter
  • MUST READ ARTICLES
  • CONTACT

Seadrill announces sale of tender-assist units

Thursday, June 22 2023

Fossil Energy – Sale of Tender Units

Drilling firm Seadrill announced that it has entered into definitive sale and purchase agreements to sell three tender-assist units to Energy Drilling for a total of $85 million in cash.

T-15 (Photo: Seadrill).

The units are the West Vencedor, T-15 and T-16.

The operations and marketing of the Tender-Assist Units are currently managed by Edrill under existing agreements. The Transaction is subject to customary closing conditions and is expected to close early Q3 2023. Upon closing of the Transaction, the Tender-Assist Units will be owned by Edrill.

Related posts:

  1. Seadrill announces sale of seven jack-ups to Saudi Arabia
  2. Merger between Seadrill and Aquadrill
  3. Seadrill plans to take over management of acquired rigs
  4. New contract for West Vela

Filed Under: Drilling, drilling support, International News Tagged With: Energy Drilling, Sale, seadrill, tender-assist units

All rights reserved - 2025 cookies