Seadrill to acquire Aquadrill to create major offshore drilling company

Raghuram Kadari- December 24, 2022

Seadrill, a Bermuda-incorporated offshore drilling contractor, will acquire offshore rig owner Aquadrill in an all-stock transaction valued at an implied equity value of around $958 ... Read More

Seadrill bags contract extensions for AOD I, AOD III, and West Callisto

Pallavi Madhiraju- June 23, 2022

Seadrill Limited said that it has secured contract extensions worth around $361 million for the AOD I, the AOD III, and the West Callisto jack-up ... Read More

Seadrill wins $105m contracts for West Neptune and Sevan Louisiana rigs

Pallavi Madhiraju- April 27, 2022

Seadrill Limited, an offshore drilling contractor, has won new contracts totaling $105 million for the West Neptune and the Sevan Louisiana drillships. The West Neptune ... Read More

Sonadrill bags contract for West Gemini drillship in Angolan waters

Pallavi Madhiraju- April 27, 2022

Sonadrill Holding, a 50:50 joint venture between Seadrill and an affiliate of Sonangol, has bagged a contract for the West Gemini drillship in Angola from ... Read More