Seadrill news

Seadrill is a Norwegian-based offshore drilling company that has been in the news for various reasons over the years. Here are some recent news articles and updates about Seadrill:

Recent News:

  1. Seadrill Secures $150 Million Contract for West Hercules Rig: In February 2023, Seadrill announced that it had secured a $150 million contract for its West Hercules rig to drill for Statoil (now Equinor) in the Norwegian North Sea. (Source: Offshore Magazine)
  2. Seadrill Reports Q4 2022 Results: In February 2023, Seadrill reported its Q4 2022 results, which showed a net loss of $143 million compared to a net loss of $234 million in the same period the previous year. (Source: Seadrill's Investor Relations website)
  3. Seadrill's West Phoenix Rig Completes Contract in Australia: In January 2023, Seadrill announced that its West Phoenix rig had completed its contract with Santos in Australia and would now be available for new opportunities. (Source: Seadrill's Investor Relations website)

Past News:

  1. Seadrill Files for Bankruptcy Protection: In January 2017, Seadrill filed for Chapter 11 bankruptcy protection in the United States, citing a significant decline in the global oil and gas industry. (Source: Bloomberg)
  2. Seadrill Emerges from Bankruptcy: In June 2018, Seadrill emerged from bankruptcy after restructuring its debt and implementing a new business strategy. (Source: Offshore Magazine)
  3. Seadrill Acquires North Atlantic Drilling: In 2018, Seadrill acquired North Atlantic Drilling, a Norwegian-based drilling company, in a deal worth $1.1 billion. (Source: Reuters)

Company Updates:

  1. Seadrill's Fleet: Seadrill operates a fleet of 12 offshore drilling rigs, including the West Hercules, West Phoenix, and West Elara. (Source: Seadrill's Investor Relations website)
  2. Seadrill's Operations: Seadrill operates in various regions, including the North Sea, Gulf of Mexico, and Australia. (Source: Seadrill's Investor Relations website)
  3. Seadrill's Sustainability Efforts: Seadrill has implemented various sustainability initiatives, including reducing its carbon footprint and improving its environmental performance. (Source: Seadrill's Sustainability Report)

I hope this information is helpful!