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Seadrill continued to own 70% of North Atlantic Drilling. [7] In April 2013, the company sold the majority of its tender rig and semi-tender operation to SapuraKencana. [8] In May 2013, the company sold Tender rigs T-15, T16 and the West Vencedor to Seadrill Partners LLC. [9] In June 2013, the company acquired a majority interest in Sevan ...
Offshore drilling services firm Seadrill Ltd (NYSE: SDRL) is spinning off its offshore rig business to a new company to be called Seadrill Partners LLC. If a filing with the SEC, Seadrill Partners ...
Seadrill held an initial public offering for Seadrill Partners in October 2012. Separations of business Recently, though, Seadrill gave investors a separate investment option to choose from.
The story of Seadrill has been a bit of a rosy one for the past several years. It has emerged as a darling of service companies as its fleet of ultra-deepwater capable assets has one of the best ...
Seadrill reported fourth-quarter results before the market opened this morning. The contract offshore driller reported net income of $281 million, or $0.49 per share. Operating profit was much ...
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In this edition, Joel South takes a look at SeaDrill's second quarter. The company had a good quarter, with earnings of $554 million and EBITDA of $634 million, moving closer to its target of $4 ...
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