Sdrl news
SDRL (Seadrill Limited) is a Norwegian-based offshore drilling company that provides drilling services to the oil and gas industry. Here are some recent news articles and updates about SDRL:
Recent News:
- SDRL Files for Bankruptcy Protection: On June 5, 2020, SDRL filed for Chapter 11 bankruptcy protection in the United States, citing significant debt and declining demand for its services due to the COVID-19 pandemic. (Source: Offshore Magazine)
- SDRL Sells Offshore Rig to Transocean: In May 2020, SDRL sold one of its offshore rigs, the West Hercules, to Transocean for $175 million. (Source: Rigzone)
- SDRL Reports Q1 2020 Loss: In May 2020, SDRL reported a net loss of $143.4 million for the first quarter of 2020, citing lower revenue and higher operating expenses. (Source: Offshore Magazine)
- SDRL Cuts Workforce: In April 2020, SDRL announced plans to cut its workforce by 20% due to the decline in demand for its services. (Source: Rigzone)
Recent Updates:
- SDRL's Bankruptcy Proceedings: SDRL's bankruptcy proceedings are ongoing, with the company seeking to restructure its debt and emerge from bankruptcy. (Source: Offshore Magazine)
- SDRL's Rig Fleet: SDRL's rig fleet consists of 12 offshore drilling rigs, including jackups, semi-submersibles, and drillships. (Source: SDRL's website)
- SDRL's Operations: SDRL operates in various regions, including the North Sea, Gulf of Mexico, and West Africa. (Source: SDRL's website)
Please note that the information provided is subject to change and may not be up-to-date. For the latest news and updates on SDRL, I recommend visiting the company's website or reputable news sources.