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SeaDrill

Seadrill Limited
Publicly traded limited company
Traded as : , : SDRL
Industry Oilfield services
Founded 2005
Headquarters Hamilton, Bermuda
Key people
John Fredriksen (Chairman), Per Wulff (CEO)
Products Drilling rig lease and operation
Revenue DecreaseUS $4.335 billion (2015)
DecreaseUS$1.019 billion (2015)
Profit Decrease -US$750 million (2015)
Total assets DecreaseUS$23.470 billion (2015)
Total equity DecreaseUS$9.371 billion (2015)
Number of employees
Approximately 9,000 (2015)
Website www.seadrill.com

Seadrill is a deepwater drilling contractor which provides drilling services to the oil and gas industry. It is incorporated in Bermuda and managed from London. Seadrill has operations in Angola, Brunei, the Republic of Congo, Indonesia, Malaysia, Nigeria, Norway, Thailand, Brazil, Saudi Arabia, UAE, United States and the United Kingdom.

The company operates semi-submersibles, jack-ups and drillships. The company provides quarterly online updates on the status of each rig in its fleet on its website.

As of 2015, founder John Fredriksen owned 119 million shares of the company.

Seadrill was incorporated as a Bermuda company in May 2005 by the Norwegian-born shipping tycoon John Fredriksen and listed on the in November 2005. In July 2005, it acquired the drilling company Odfjell.

In September 2006, it purchased a controlling share of Smedvig by outbidding Noble Energy.

In 2007, Seadrill acquired Eastern Drilling.

In May 2010, Seadrill outbid Ensco plc for Scorpion Offshore, valuing the company at $567 million.


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