Seadrill (NYSE: SDRL) has announced it will acquire rival rig owner Aquadrill in an all-share deal worth nearly $1 billion.
Seadrill has extended a contract for its Libongos drillship in Angola for another 12 wells, scoring a $402,500 per day rate.
Offshore drilling firm, Seadrill, has announced it will sell all of its stakes in Paratus Energy Services today.
Valaris’ (NYSE: VAL) new senior vice president and chief commercial officer (COO) has officially taken up his role.
It could soon cost half a million dollars a day to hire an offshore rig, according to executives in the industry, in a stunning turnaround for day rates since Covid.
Saudi Arabia’s ADES has struck a deal to buy seven jack-ups from Seadrill for $628 million in cash.
Seadrill (XOAS: SDRL) has been awarded a series of contract extensions for a trio of oil rigs in the Arabian Gulf.
Seadrill has been awarded contracts by a leading operator to deploy three of its jack-ups for work in the Middle East beginning in 2023.
Seadrill has struck a 10-well contract, with an option for up to eight more, in Angola for its West Gemini drillship.
Seadrill has named Simon Johnson, the former head of rival firm Borr Drilling, as its new CEO.
The board of offshore drilling group Valaris has confirmed Anton Dibowitz as president and chief executive officer, following his interim appointment earlier this year.
Offshore driller Seadrill has confirmed a series of contract wins in recent months, buoying prospects as it approaches the end of its bankruptcy proceedings.
Offshore drilling firm Seadrill has today announced that it has secured two contracts with Petrobras for work on the Buzios field, off Brazil.
Seadrill is bringing in an entirely new board of directors, removing its existing slate, and picking a former Noble Corp. executive as chair.
The US Bankruptcy Court for the Southern District of Texas has approved Seadrill’s plans to emerge from bankruptcy proceedings.
Valaris, one of the world’s largest offshore drilling companies, has announced a change-up of its top team with the appointment of a new CEO.
Seadrill draws competing rig offers from Noble and Transocean consortium as it undergoes Chapter 11 bankruptcy
Noble Corporation and a consortium including Transocean and Dolphin Drilling are competing to acquire the assets held by Seadrill, according to a news report, as it undergoes Chapter 11 bankruptcy.
Norwegian energy giant Equinor has become the first company to start drilling an exploration well on the UK Continental Shelf this year.
Seadrill has won a 12-well contract in Angola via its local joint venture with Sonangol EP.
Around 200 jobs are at risk on a Seadrill North Sea rig after a spate of safety incidents saw its contract terminated, a union has said.
Offshore contractor Seadrill Ltd., owned by billionaire John Fredriksen, is proposing a debt write-off of just over $4.8 billion, according to Finansavisen.
Equinor has announced the biggest discovery so far this year on the Norwegian continental shelf (NCS).
Seadrill Europe Management has been hit with a coercive fine after “serious breaches” were identified on one of its North Sea platform.
Seadrill has made a double change to its senior management team with Reid Warriner and Leif Neilson taking up the roles of chief operating officer and chief technology officer respectively.
The newly-refurbished Well-Safe Protector rig has arrived at Invergordon to get it ready for work in the decommissioning market.