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Seadrill plans to take over management of acquired rigs

Thursday, April 6 2023

Fossil Energy – Management

Following its acquisition of Aquadrill, Seadrill President and CEO Simon Johnson said that Seadrill intends to take control of the former Aquadrill rigs at an appropriate time based on discussions with existing managers and the customers currently using these rigs.

[Read more…] about Seadrill plans to take over management of acquired rigs

Filed Under: Acquisition, Aquadrill, Drilling, drilling rig, drillship, International News, Seadrill Tagged With: acquisition, Aquadrill, seadrill

Merger between Seadrill and Aquadrill

Friday, December 23 2022

Fossil Energy – Drilling Merger

Seadrill and Aquadrill have entered into a definitive merger agreement under which Seadrill will acquire Aquadrill in an all-stock transaction.

[Read more…] about Merger between Seadrill and Aquadrill

Filed Under: Aquadrill, Drilling, International News, Merger agreement, Seadrill Tagged With: Aquadrill, merger, seadrill

Seadrill announces sale of seven jack-ups to Saudi Arabia

Thursday, September 1 2022

Fossil Energy – Purchase Agreement

Seadrill has entered into a binding Share Purchase Agreement (SPA) with subsidiaries of ADES Arabia Holding to sell the legal entities that own and operate seven jack-ups in the Kingdom of Saudi Arabia.

[Read more…] about Seadrill announces sale of seven jack-ups to Saudi Arabia

Filed Under: Ades Saudi, Drilling, drilling rig, International News, Jack up, Seadrill Tagged With: Ades Arabia, seadrill

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