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Seadrill is an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships , semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deep water in both benign and harsh environments.
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 ...
Offshore drilling. Holstein, an oil drilling platform at Green Canyon in the Gulf of Mexico, approximately 100 miles from land. Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the ...
History. Transocean was formed as a result of the merger of Southern Natural Gas Company, later Sonat, with many smaller drilling companies. In 1953, the Birmingham, Alabama -based Southern Natural Gas Company created The Offshore Company after acquiring the joint drilling operation DeLong-McDermott from DeLong Engineering and J. Ray McDermott.
Offshore drilling contractor Seadrill (NYS: SDRL) will come out with its fourth-quarter results on Feb. 29. Today, we'll see how this oil and gas exploration and production company fares on a SWOT ...
In today's video, analyst Joel South discusses Seadrill, a company that is high on his watchlist and one of his favorite offshore drilling firms. In a recent article, he discussed three reasons to ...
Valaris Limited. DS-6 Drillship taking on fuel bunkers in Walvis Bay, Namibia during the transit to Angola and start of a contract with BP. Valaris Limited (previously ENSCO-Rowan plc) is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in ...
After the market closed yesterday, Seadrill announced that it secured a three-year, $662 million contract for the. The ultra-deepwater drilling market is still sizzling hot, and that's great news ...