Latest News and Press Releases

Highlights Seadrill reports net income of US$42.0 million and earnings per share of US$0.11 for the second quarter of 2007.   Seadrill secures new harsh environment contracts for the...

Reference is made to the Letter of Intent disclosed to the Oslo Stock Exchange July 10, 2007 regarding the assignment awarded to the ultra deepwater semi-submersible drilling unit West Aquarius....

Seadrill's second quarter 2007 results is scheduled to be released on Monday August 27, 2007. In connection with the earnings release, a teleconference/webcast will be held as described...

Seadrill has been awarded a letter of intent by a consortium of independent oil companies for the assignment of the semi-submersible drilling unit West Alpha. The contract has a firm duration of three...

Seadrill has agreed to sell the 1981-built jack-up West Titania for US$146.5 million to the Nigerian drilling contractor SeaWolf Oil Services Limited. The unit is at present operating in Tunisia for...

 Seadrill has entered into a turnkey contract to build a third ultra-deepwater drillship at the Samsung Shipyard in South Korea. The turnkey contract has a total project value of US$598...

Seadrill has on July 10, 2007 completed a private placement of a total of 7 million new shares to a subscription price of NOK127.00 per share. Gross proceeds from the equity issue amounted to NOK889...

Seadrill has been awarded a letter of intent by a major oil company for international exploration activities with the deepwater semi-submersible drilling unit West Aquarius. The contract has a firm...

Seadrill has currently three newbuild deepwater units available for assignments starting earlier than 2010. There are today several interesting prospects for these units. Based on good progress in...

The jack-up West Larissa is currently under way to Singapore for a yard-stay. The purpose of the yard-stay is repair of the unit's legs after damages suffered in connection with a punch-through during...