In another sign of the uptick in the offshore drilling sector, Brazil’s Petrobras has awarded Seadrill Limited a pair of 1,064-day fixed-term contracts for its drillships West Auriga and West Polaris. Awarded
As previously announced, offshore driller Seadrill Limited (NYSE & OSE: SDRL) has decided to close its London, England, office and consolidate its corporate office in Houston. Someone who won’t be making the
With demand for offshore drilling rigs pushing up, will more drilling contractors start reactivating cold-stacked floaters? London-based Maritime Strategies International (MSI) says that, while the market for floaters has long since crossed
Offshore drilling contractors Seadrill Limited (NYSE & OSE: SDRL) and Aquadrill LLC have entered into a definitive merger agreement that will see Seadrill acquire Aquadrill in an all-stock transaction. On completion of
Maine Maritime Academy (MMA), Castine, Maine, has a hired alumnus Capt. Gordon “Mac” MacArthur to serve as master aboard the academy’s training ship State of Maine. With over 30 years of experience
FEBRUARY 6, 2019 — Seadrill Limited said 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.. The
APRIL 18, 2018 — Offshore drilling contractor Seadrill Limited reports that its plan of reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas. Seadrill says the
FEBRUARY 26, 2018 — John Fredriksen controlled offshore drilling contractor Seadrill Limited reports that it has succeeded in reaching a global settlement with an ad hoc group of bondholders, the official committee
SEPTEMBER 12, 2017 — Offshore drilling contractor Seadrill Limited has today filed prearranged Chapter 11 cases in the Southern District of Texas together with an agreed restructuring plan. As part of the
MAY 1, 2017 — John Fredriksen’s Seadrill Limited today reported that it has reached an agreement with Dubai based Shelf Drilling Ltd to sell the jack-ups West Resolute (Marathon LeTourneau Super 116-C),
