Seadrill shake up could include a move to Houston
OCTOBER 3, 2012 — Fredrik Halvorsen, currently the CEO of well services company Archer Limited, has succeeded Alf C. Thorkildsen as CEO of Seadrill Management. The move is part of a shake
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Seadrill orders seventh drillship, takes option for eighth
SEPTEMBER 24, 2012 — John Fredriksen’s Seadrill has entered into a turnkey contract to build a new ultra-deepwater drillship at Korea’s Samsung Heavy Industries. The project value price is estimated to be
Seadrill gets $4 billion ultra-deepwater unit commitment
JULY 25, 2012 —John Fredriksen controlled Seadrill says it has received a commitment from a major oil company for new contracts on newbuild drillships West Auriga, West Vela and a third drilling
Seadrill orders another drillship at Samsung
John Fredriksen’s Seadrill says it continues to see strong demand for modern ultra-deepwater drilling rigs driven by high oil prices and large deep-water discoveries and increased development drilling. Specific interest, mainly from
Seadrill orders tender rig at COSCO Nantong
Seadrill has exercised an option to build a new tender rig at the COSCO Nantong Shipyard in China. The new unit, T18, is set for delivery from the shipbuilder in the fourth
Seadrill subsidiary places $568 million semi order at Jurong
Sembcorp Marine’s subsidiary Jurong Shipyard has secured a US$568 million contract to build a harsh-environment ultra-deepwater semi-submersible rig from North Atlantic Drilling Limited, a 74 percent owned subsidiary of Seadrill Limited. According
Fredriksen set to go shopping with $1 billion from Seadrill shares sale
John Fredriksen has cashed in $1 billion of his stake in offshore driller Seadrill. Mr. Fredriksen’s Hemen Holdings said the sale will allow the Fredriksen Group to have a slightly more diversified
Seadrill gives update on planned listing of Brazilian subsidiary
John Fredriksen controlled offshore drilling contractor Seadrill has had to change the timeline of its planned listing of Brazilian subsidiary, Seabras Serviços de Petróleo S.A. (Seabras), on the BM&FBOVESPA, the São Paulo
Seadrill orders another semisubmersible tender rig
Seadrill has entered into an agreement with Keppel FELS Limited in Singapore to build a repeat semisubmersible drilling tender (SSDT) based on the KFELS SSDTTM 3600E design. The contract is worth $142
Seadrill exercises drillship option at Samsung
Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung shipyard in South Korea. Total project price is estimated at $600 million (including project management, drilling