All posts for Seadrill

Pirates on the Prowl in the Offshore

Opportunists lurk in today's offshore oil and gas industry. And like the buccaneers of old, they are starting to make waves. Last week, Luminus Management issued a press release criticizing the management and board of Valaris . Luminus, through its affiliates, owns 18.7% of Valaris. The firm ...

Doug Sheridan - EnergyPoint Research

Posted 11 months agoOpinion > valarisENSCORowan +7

SDRL - Mandatory Par Redemption of 12.0% Senior Secured Notes Due 2025

Seadrill Limited ("Seadrill" or the "Company") announces a mandatory par redemption of approximately $126 million principal amount and accrued interest of its 12.0% Senior Secured Notes due 2025 (the "Notes"). In April 2018, we entered into an agreement with Jurong shipyard determining that our sh ...

OilVoice Press - OilVoice

Posted 2 years agoPress > SeadrillSDRLDebt +1

SDRL - Files F-1 Registration Statement Update to Include Interim Financial Results

Seadrill Limited ("Seadrill or the Company") has updated its Form F-1 Registration Statement to include its interim financial results for the six months ended June 30, 2018.  Both the updated Form F-1 and our Form 6-K interim financial results have been filed with the U.S. Securities and Exchange C ...

OilVoice Press - OilVoice

Posted 2 years agoPress > SeadrillSeadrill LimitedSDRL +3

Kongsberg Maritime: Real-Time Monitoring System Set to Increase Operational Availability for Two Seadrill Semi-Submersibles

Seadrill's West Phoenix Integration of KONGSBERG Riser Management System and Information Management System improves operational safety and reduces non-productive time  ONS 2018, Stavanger, Norway, 27 th August 2018 – Seadrill has selected Kongsberg Maritime to deliver real-time monito ...

OilVoice Press - OilVoice

Posted 2 years agoPress > SeadrillKongsberg Maritimemonitoring system +4

SDRL - Seadrill Partners West Leo Early Termination Litigation Update

Hamilton, Bermuda, July 18, 2018 - Seadrill Limited ("SDRL or the Company") announces today that a subsidiary of Seadrill Partners, the Master Limited Partnership it established in 2012 and in which it holds approximately a 46.6% interest in, has received approximately $248 million relating to th ...

OilVoice Press - OilVoice

Posted 2 years agoPress > SDRLSeadrillWest Leo +1

High Court Judgment: Seadrill vs Tullow Ghana Ltd

Tullow Oil plc (Group) announces that a judgment in the English Commercial Court case brought against its wholly owned subsidiary Tullow Ghana Limited (Tullow) by Seadrill Ghana Operations Limited (Seadrill) has been received today. The Hon. Mr Justice Teare has ruled that Tullow was not entitled t ...

OilVoice Press - OilVoice

Posted 2 years agoPress > High CourtLegalTullow +6

West Phoenix to Drill in UK and Norway

Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the UK and Norwegian continental shelves from the summer of 2018. The contract is awarded to the two Seadrill companies North Atlantic Drilling UK Ltd. and North Atlantic Norway Ltd. The semi-submers ...

OilVoice Press - OilVoice

Posted 2 years agoPress > West PhoenixDrillingUnited Kingdom +7

Seadrill announces third quarter 2016 results

Highlights Revenue of $743 million Operating income of $247 million EBITDA of $441 million 95% economic utilization Reported Net Loss of $656 million and diluted loss per share of $1.29, reflecting an $882 million non-cash impairment to investments primarily relating to Seadrill Partners. ...

Katie Woodward - OilVoice

Posted 4 years agoPress > SeadrillResults2016 +1