Towards smarter and greener decommissioning

Project and financing models for decommissioning are moving up oil and gas operators’ agenda worldwide as ‘lower for longer’ oil prices raise questions about how long ageing assets can operate viably beyond their design lives.

Seadrill adjusts credit facility

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

read more →

Seadrill extends NADL loan maturity date

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

read more →

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 ...

read more →

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 ...

read more →

Seadrill lands drillship work with Petronas

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

read more →

'West Hercules' hired for UK work

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

read more →

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

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

read more →

Seadrill makes headway with restructuring plans

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

read more →

Seadrill promotes CCO to CEO role

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

read more →

Observations on the recent MODU market

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

read more →

Seadrill sells three jack-ups to Shelf

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

read more →

BP to bring back 'West Capricorn'

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

read more →

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 ...

read more →

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 ...

read more →

Seadrill settles 'West Mira' dispute

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

read more →

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 ...

read more →

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 ...

read more →

Seadrill appoints two new board members

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

read more →

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 ...

read more →

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 ...

read more →

Tullow terminates rig deal with Seadrill

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

read more →