Seadrill Limited announced today that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P. [Read more…] about Drilling joint venture
Seadrill said its financial restructuring had provided it with more than $1 billion in fresh capital, leaving employees, customer, and ordinary trade claims largely unimpaired.
[Read more…] about Seadrill has emerged from chapter 11 bankruptcy
Norway-listed offshore driller Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, yesterday said the oil industry may be turning a corner as it posted second-quarter earnings above forecasts.
[Read more…] about Seadrill beats estimates
Offshore drilling contractor Seadrill Limited has notified Hyundai Heavy Industries Co Ltd. that it has exercised its right to cancel the contract for the construction of the West Mira.
Following its successful installation and commissioning at the Jurong Shipyard in Singapore, two EHC 100/4000 boom hoist cranes were handed over by Kenz Cranes to Seadrill for the West Rigel semi-submersible.