OEEC: Celebrating 10 years of Offshore Energy

Offshore Energy Exhibition & Conference brought together over 550 exhibitors and 12,145 visitors

Seadrill adjusts credit facility

Cash-strapped offshore driller Seadrill has amended the term credit facility provided to its subsidiary Seadrill ...

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Seadrill extends NADL loan maturity date

Offshore driller Seadrill has given its subsidiary North Atlantic Drilling Limited some headroom, extending the ...

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Seadrill gets a one-month breather from creditors

Seadrill, a cash-strapped offshore driller, has been given some breathing space in an effort to restructure its ...

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Statoil hires Seadrill drillship in Brazil

Offshore driller Seadrill has secured a firm contract for one well and one drill stem test with Statoil for the ...

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Seadrill lands drillship work with Petronas

Drilling contractor Seadrill has reportedly been awarded a contract with Malaysian oil giant Petronas for the West ...

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'West Hercules' hired for UK work

Offshore driller North Atlantic Drilling Ltd (NADL) has been awarded a one-well contract with Siccar Point Energy ...

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Further delay for Seadrill, NADL, Rosneft $4B deal

Oil company Rosneft, and offshore drillers Seadrill Limited and North Atlantic Drilling Limited (NADL) in 2014 ...

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Seadrill makes headway with restructuring plans

Offshore driller Seadrill has said it has made progress with its restructuring plans which may involve Chapter 11 ...

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Seadrill promotes CCO to CEO role

Offshore drilling contractor Seadrill has appointed a new chief executive officer of the company, effective July 1, ...

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Observations on the recent MODU market

  By Charlie Hockless, Senior Offshore Analyst at VesselsValue Since 2014 we’ve seen a significant decline in ...

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Seadrill sells three jack-ups to Shelf

Offshore drilling contractor Seadrill has reached an agreement with Shelf Drilling to sell three jack-up drilling ...

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BP to bring back 'West Capricorn'

Offshore deepwater drilling contractor Seadrill has received notification from British oil giant BP to begin ...

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Seadrill rids itself of Archer guarantees

Seadrill rids itself of Archer guarantees

Offshore driller Seadrill has closed a deal with oilfield services firm Archer to extinguish $253 million in ...

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BP takes 'West Aquarius' for well off Canada

Offshore driller Seadrill Partners LLC has secured a one-well contract with BP for the West Aquarius rig in eastern ...

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Seadrill settles 'West Mira' dispute

Offshore driller Seadrill has reached a settlement agreement with Hyundai Samho Heavy Industries Co Ltd. (HSHI) in ...

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Seadrill laid off more than 1700 workers in 2016

Offshore driller Seadrill Limited laid off 1.724 workers in 2016 in a cost cutting move, as offshore drillers have ...

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Statoil hires Seadrill rig for work offshore Canada

Statoil hires Seadrill rig for work offshore Canada

Seadrill Partners has secured a contract for one of its offshore drilling rigs with Statoil. According to the ...

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Seadrill appoints two new board members

Offshore drilling contractor Seadrill has named two new members to the board of directors, effective from January ...

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Seadrill's AOD jack-up wins three more years

Offshore drilling contractor Seadrill has received a three-year contract extension from Saudi Aramco for the ...

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Dismissals ahead as 'West Elara' deal comes near

Sodexo will reportedly reduce its offshore cleaning and canteen staff in Norway after the jack-up rig West Elara ...

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Tullow terminates rig deal with Seadrill

Following a force majeure declared in October 2016, oil company Tullow Oil has terminated a drilling contract it ...

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