What happened to Seadrill Ltd?

What happened to Seadrill Ltd?

In December 2017, the company filed bankruptcy. The company emerged from bankruptcy in July 2018. However, the company had its shares delisted from the New York Stock Exchange in June 2020.

Is Seadrill going out of business?

Seadrill followed its affiliates into bankruptcy in February 2021. The company recently said as part of its first quarter update that its financial restructuring was continuing to make good progress through productive discussions with all parties involved.

How many rigs does seadrill?

34
Seadrill Limited owns 34 drilling rigs and we manage 11 rigs on behalf of SeaMex, Northern Ocean, Sonadrill and Aquadrill Offshore. We have the right fleet for the future by: Maintaining a young, high-quality and standardized fleet.

Where is seadrill located?

Seadrill is headquartered in London, United Kingdom and has 13 office locations across 13 countries.

Who will buy Seadrill?

Rival offshore drillers Transocean and Dolphin Drilling have reportedly made a new bid to take over assets from financially troubled Seadrill. According to the Norwegian business daily Finansavisen, the new bid valued Seadrill’s assets at NOK15.

Will offshore drilling come back?

Like other sectors of the oil and gas industry, the offshore rig market took a hit this year from the double whammy of the COVID-19 pandemic and a subsequent drop in oil demand and prices. Improvement is possible by late 2021 or early 2022. …

What is West Capella?

The West Capella, built in 2008, is a 6th generation ultra-deepwater drillship that was last year involved in a tense standoff with Chinese vessels at the rig’s location in waters claimed by Malaysia, Vietnam, and China. The West Capella was on hire with Malaysian national oil company (NOC) Petronas.

What does Sdrl stand for?

SDRL

Acronym Definition
SDRL Supplier Data Requirements List
SDRL Subcontract Data Requirements List
SDRL Specification and Description Language (computing)
SDRL Subcontractor Data Requirements List

Will the oilfield pick back up in 2020?

Optimism is rising within the oil and gas sector that 2021 will see a return to normalcy after the unprecedented price declines of 2020, including last April when oil prices turned briefly negative.

Where is Maersk Viking?

Brunei Darussalam
The Maersk Viking is a 7th-generation ultra-deepwater drillship that was delivered in 2013. It is currently operating offshore Brunei Darussalam.

What is a Sdrl in government contracting?

SDRL or “Subcontract Data Requirements List” is a prime contractor flow-down of the CDRL requirements to a subcontractor. Generally the prime will structure the SDRL to insure that subcontractor data submissions support the prime contract CDRL technical content, schedule and other parameters.

How does Seadrill help the oil and gas industry?

With the most modern fleet in the industry, Seadrill have invested in technology and training to set the standard in oil and gas drilling. Our people make this possible. Our onshore staff are based in operations centers across the world, working to simplify the supply chain to deliver safe and efficient operations offshore.

When did the Deepwater Horizon oil rig explosion happen?

The destruction of the Deepwater Horizon is one of the worst offshore disasters in recent memory. The rig, owned by Transocean and drilling for BP, exploded and caught fire on April 20, 2010 off the Louisiana coast. The oil rig explosion was preceded by numerous red flags.

What was the deadliest offshore oil rig disaster?

In terms of sheer loss of life, the Piper Alpha disaster is the deadliest offshore oil rig disaster ever recorded. On July 6, 1988, there was a pump maintenance project that led to the removal of a safety valve on a gas pipe.

How many people died on the Seacrest oil rig?

The Seacrest capsized and floated for several days before sinking, killing 91 of the 97 crewmembers. Petrobras’ P-36 oil platform, the largest semi-submersible in the world at the time, experienced two back-to-back explosions which killed 11 of the 175 workers.

Begin typing your search term above and press enter to search. Press ESC to cancel.

Back To Top