Following completion, Seadrill will, through its subsidiary Seadrill Rig Holding Company Limited, hold 100% of the shares in AOD. Additionally on February 10, 2021, Seadrill Limited and 114 affiliated debtors (collectively, the "SubsequentDebtors") each filed avoluntary petition for relief under Chapter 11 of the United States Bankruptcy Code with the Court. Seadrill Prospero Ltd.(21-30494) Seadrill Rig Holding Company Limited(21-30478) Seadrill Saturn Ltd.(21-30491) Seadrill Saudi I BV(21-30499) Seadrill Saudi II BV(21-30504) Seadrill Servicos de Petroleos Ltda. He is a resident of Oslo, Norway. Seadrill Limited or its associated companies will accept no liability either directly or indirectly for any consequential damages from any use of this Web Site including without limitation any loss of profits, business interruption, loss of programmes or other data on information handling systems or otherwise. [20], On January 12, 2022, Seadrill New Finance, Seadrill's unit, filed for Chapter 11 bankruptcy. For careers, jobs and work on rigs and onshore, search for positions. This news release includes forward looking statements. Strong operational performance in Q1 2023 with technical utilization of 96%. Copy. [7], In April 2013, the company sold the majority of its tender rig and semi-tender operation to SapuraKencana. Furthermore the information contained on this web site or social media channels may be changed or updated without notice. About Paratus. (Related document(s):1504 Generic Motion) Filed by Seadrill Limited, www.justice.gov/ust-regions-r07/region-7-southern-district-texas-houston-division, www.txs.uscourts.gov/offices/houston-division. Spencer Winters, 515 Rusk Street Suite 3516 Houston,
[9], In June 2013, the company acquired a majority interest in Sevan Drilling. Seadrill (Dalian) Consulting Co Ltd . Currently a professional non-executive director advisor, he sits on a total of seven Boards. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to offshore drilling market conditions including supply and demand, day rates, customer drilling programs and effects of new rigs on the market, contract awards and rig mobilizations, contract backlog, dry-docking and other costs of maintenance of the drilling rigs in the Company's fleet, the cost and timing of shipyard and other capital projects, the performance of the drilling rigs in the Company's fleet, delay in payment or disputes with customers, Seadrill's ability to successfully employ its drilling units, procure or have access to financing, ability to comply with loan covenants, liquidity and adequacy of cash flow from operations, fluctuations in the international price of oil, international financial market conditions, inflation, changes in governmental regulations that affect the Company or the operations of the Company's fleet, increased competition in the offshore drilling industry, the impact of global economic conditions and global health threats, pandemics and epidemics, our ability to maintain relationships with suppliers, customers, employees and other third parties and our ability to maintain adequate financing to support our business plans, our ability to successfully complete any acquisitions, divestitures and mergers, our liquidity and the adequacy of cash flows for our obligations, our liquidity and the adequacy of cash flows for our obligations, our ability to satisfy the continued listing requirements of the New York Stock Exchange ("NYSE") and the Oslo Stock Exchange ("OSE"), or other exchanges where our common shares may be listed, or to cure any continued listing standard deficiency with respect thereto, the cancellation of drilling contracts currently included in reported contract backlog, losses on impairment of long-lived fixed assets, shipyard, construction and other delays, the results of meetings of our shareholders, political and other uncertainties, including those related to the conflict in Ukraine, the effect and results of litigation, regulatory matters, settlements, audit, assessments and contingencies, including any litigation related to the Merger of the Company ("Merger") with Aquadrill LLC ("Aquadrill"), our ability to successfully integrate with Aquadrill following the Merger, the concentration of our revenues in certain geographical jurisdictions, limitations on insurance coverage, our ability to attract and retain skilled personnel on commercially reasonable terms, the level of expected capital expenditures, our expected financing of such capital expenditures, and the timing and cost of completion of capital projects, fluctuations in interest rates or exchange rates and currency devaluations relating to foreign or U.S. monetary policy, tax matters, changes in tax laws, treaties and regulations, tax assessments and liabilities for tax issues, legal and regulatory matters in the jurisdictions in which we operate, customs and environmental matters, the potential impacts on our business resulting from decarbonization and emissions legislation and regulations, the impact on our business from climate-change generally, the occurrence of cybersecurity incidents, attacks or other breaches to our information technology systems, including our rig operating systems and other important factors described from time to time in the reports filed or furnished by us with the SEC . 21-30427. He is a resident of Paris, France. al. Announces Pricing of its Initial Public Offering of its Common Shares", "Norway's Seadrill says to remain top NADL owner", "Seadrill completes the integration of the tender rig business into SapuraKencana", "Seadrill Limited sells the tender rig T15 to Seadrill Partners LLC", "SEVAN DRILLING ASA: ANNOUNCEMENT FROM THE INDEPENDENT DIRECTORS", "Seadrill Plunges on Dividend Suspension as Rig Market Sours", "Seadrill Files for Bankruptcy in Bid to Shrink Debt Burden", "Offshore drilling co. files Ch. Ms. Zambelli served as President of the Brazilian division of Schlumberger, Managing Director at Transocean, and Chief Commercial Officer at Maersk Drilling. The address is , Singapore 000000. SFL Corporation Ltd. (NYSE: SFL) ("SFL" or the "Company") announced today that the Company has entered into an amendment to its existing charter agreement (the "amendment agreement") with subsidiaries of Seadrill Limited ("Seadrill") for the harsh environment semi-submersible rig West Hercules.. This information was brought to you by Cision http://news.cision.com, https://news.cision.com/seadrill-limited/r/sdrl---seadrill-announces-acquisition-of-shares-in-asia-offshore-drilling,c3194039.
Pages of this Web Site contain material protected by copyright and may not be reproduced in whole or part without the prior written authorisation of Seadrill Limited. From shallow to ultra-deep water, in both harsh and benign environments, we are setting the standard in offshore drilling. Conduct a keyword search. As of November 30, 2022, Seadrill and Aquadrill had a combined cash balance of approximately US$628 million, including approximately US$133 million of restricted cash, and a combined debt balance of approximately US$521 million. The combination creates an industry-leading offshore drilling company, with a modern and high specification fleet and a streamlined cost structure. A final hearing on certain of the First Day Motions was held on March 3, 2021 at 11:00 a.m. (CT). The company, along with Seadrill itself, later emerged from bankruptcy in March 2022. From shallow to ultra-deep water, in both harsh and benign environments, we are setting the standard in offshore drilling. from 8 AM - 9 PM ET. 21-30478. Furthermore the information contained on this web site or social media channels may be changed or updated without notice. Onshore Services. The following files are available for download: https://mb.cision.com/Main/18925/3772970/2074630.pdf, https://mb.cision.com/Public/18925/3772970/8bcfc1cd03d11ffe.pdf, https://mb.cision.com/Public/18925/3772970/b8e035d774ecab80.pdf. The Company will also be well-positioned for further growth given its stronger credit and liquidity profile, and to provide attractive cash flows. New factors emerge from time to time, and it is not possible for us to predict all of these factors. We are pleased with our operational and financial performance as we move through the year, with our technical utilization at 96% and our operating revenues and adjusted EBITDA substantially increasing quarter-on-quarter. He currently sits on the Board for Trident Royalties. [15] However, the company had its shares delisted from the New York Stock Exchange in June 2020. These forward-looking statements can often, but not necessarily, be identified by the use of forward-looking terminology, including the terms "assumes", "projects", "forecasts", "estimates", "expects", "anticipates", "believes", "plans", "intends", "may", "might", "will", "would", "can", "could", "should" or, in each case, their negative, or other variations or comparable terminology. Holding Company . Each entity is registered with unique entity number (UEN), entity name, entity time, UEN issue date, location, etc. 2023 Seadrill Limited All rights reserved. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. Seadrill Servios de Petrleo Ltda . Consequently, no forward-looking statement can be guaranteed. On July 24, 2021, the Debtors filed their Plan of Reorganization and the Disclosure Statement related thereto. Amended Agenda for Hearing on 9/2/2021 (Filed By Seadrill Limited ). He also holds an MBA from Stanford University. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Conduct a keyword search. from 8 AM - 9 PM ET. Around the world, onshore and offshore, from rig to rig, were driven by common goals, working together to deliver for each other. This announcement includes forward-looking statements. He is a resident of Zug, Switzerland. In her last role, she served as a Managing Director in Brookfield's Private Equity Group, responsible for business operations in Brazil, where she also provided operational and financial oversight for Brookfield portfolio companies. En vous inscrivant la newsletter, vous consentez la rception de contenus de notre part. Citi is serving as sole financial advisor and Baker Botts L.L.P. Amended Agenda for Hearing on 10/26/2021 (Filed By Seadrill Limited ). Based on 3 documents. When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company's regulatory filings and periodical reporting. We have a young, smart and strong fleet to meet the needs of operators, no matter their size or scale. Seadrill Ltd. Bermuda. Pages of this Web Site contain material protected by copyright and may not be reproduced in whole or part without the prior written authorisation of Seadrill Limited. 23 Feb, 2022, 02:05 ET. View Seadrill's subsidiary governance documents here. Further, the Company cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward looking statement. When typing in this field, a list of search results will appear and be automatically updated as you type. The transaction is, however, subject to applicable regulatory approvals and other customary conditions, and is expected to close in mid 2023. Company overview. Seadrill Rig Holding Company Limited Get a D&B Hoovers Free Trial Overview Added By Contacts Financial Statements Competitors Corporate Family Similar Companies Credit Reports Overview Company Description: Key Principal: Marty Svenson See more contacts Industry: Management of Companies and Enterprises , Investment holding companies, except banks From shallow to ultra-deep water, in both harsh and benign environments, we are setting the standard in offshore drilling. [12][13][14] The company emerged from bankruptcy in July 2018. China. Ms. Robertson is one of the most respected leaders in the offshore drilling business, and she also was one of the highest ranking female chief executives in the energy sector. The combination of Seadrill and Aquadrill presents a compelling strategic rationale for all stakeholders: Creation of a leading offshore driller with best-in-class fleet: The Company will be in a strong position to serve a broader range of customers, with one of the youngest and most technologically advanced fleets in the industry, and a combined backlog of US$2.8 billion. [23], In November 2009, Seadrill's West Atlas jackup rig, which was located on Montara field, about 690 kilometers offshore of Darwin, Australia, caught fire after the field had been leaking oil for ten weeks. This stock exchange announcement was published by Seadrill, at the date and time set out in this announcement. HAMILTON, Bermuda, Sept. 14, 2020 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE: SDRL) (OTCQX: SDRLF) announces its acquisition of the minority holding of 33.76% of the share capital of Asia Offshore Drilling Limited ("AOD"). Please do not leave any private information here. Seadrill works offshore and onshore in the oil & gas industry. Whilst the information provided on this web site and Seadrill social media channels is given in good faith by Seadrill Limited no warranty or representation is given concerning such information which must not be taken as establishing any contractual or other commitment binding upon Seadrill Limited or any of its subsidiary or associated companies. Any comments or materials sent to Seadrill Limited or any of its respective subsidiary or associated companies through this Web Site including answers to questions or suggestions shall be deemed to be non-confidential. These statements are made based upon management's current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Seadrill Limited has no obligation with respect to such comments or materials and has freedom to reproduce use or transform such comments or materials without limitation. 11 May, 2023. Whilst the information provided on this web site and Seadrill social media channels is given in good faith by Seadrill Limited no warranty or representation is given concerning such information which must not be taken as establishing any contractual or other commitment binding upon Seadrill Limited or any of its subsidiary or associated companies. He is a resident of Houston, Texas. [1]For a definition of Order Backlog, please see "Commercial Review" section.
21-30478 and is pending before the honorable Judge Bankruptcy Marvin Isgur in the U.S. Bankruptcy Court Texas Southern District (the "Bankruptcy Court") Houston division office. [3], In 2007, the company acquired Eastern Drilling. Holding Company . Seadrill Limited - Award under Management Incentive Plan. Seadrill is a deepwater drilling contractor for the petroleum industry. Furthermore Seadrill Limited shall have free use of any ideas concepts know-how or techniques contained in such comments or materials. He also held several roles of prominence at Halliburton, including EVP and CFO. Consequently, no forward-looking statement can be guaranteed. These statements are made based upon management's current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Official Address. Case No. In July 2005, the company acquired jack up rigs from Odfjell Drilling. Seadrill Investment Holding Company Ltd. Bermuda. 2023 Seadrill Limited All rights reserved. Sign up to get PRNs top stories and curated news delivered to your inbox weekly! Amended Agenda for Hearing on 1/12/2022 (Filed By Seadrill Limited ). HAMILTON, Bermuda, May 23, 2023 /PRNewswire/ --Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL), a leader in offshore drilling, provides financial results for the three months ended March31, 2023. Meeting of Creditors Chapter 11 for Non-Individual Debtor Set 341(a) meeting to be held on 3/16/2021 at 10:00 AM at US Trustee Houston Teleconference. Mr. Swinney, age 57, served as the founding Chief Financial Officer of EnQuest PLC from 2010 until 2022, where he led a number of asset acquisitions and major capital markets transactions. Furthermore Seadrill Limited shall have free use of any ideas concepts know-how or techniques contained in such comments or materials. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. Whilst the information provided on this web site and Seadrill social media channels is given in good faith by Seadrill Limited no warranty or representation is given concerning such information which must not be taken as establishing any contractual or other commitment binding upon Seadrill Limited or any of its subsidiary or associated companies. 77002
Seadrill works offshore and onshore in the oil & gas industry. Mr. Quarls previously served as chairman of the board for EP Energy, Sunrise Oil & Gas, Penn Virginia Corporation, SH 130 Concessions Company, Trident Resources Corp, Woodbine Acquisition Corp, and US Oil Sands Corp. Mr. Quarls also served as a director and chairman of the strategic alternatives committee for Gastar Exploration Inc and Rosehill Resources. Notice of Hearing. The consideration for the shares in AOD is USD 31,000,000, and it is expected that completion of the share transfer and payment of the consideration will occur by the end of September 2020. www.justice.gov/ust-regions-r07/region-7-southern-district-texas-houston-division Phone: 713.718.4650 Fax: 713.718.4670, United States Courthouse 515 Rusk Avenue Houston,
Notice of (I) Entry of Confirmation Order, (II) Occurrence of the Effective Date, and (III) Related Bar Dates. Mr. Quarls served as a Managing Director at Global Infrastructure Partners, leading their efforts in North American energy midstream investments. Seadrill Saudi I BV. FORWARD LOOKING STATEMENTS This news release includes forward . Whilst the information provided on this web site and Seadrill social media channels is given in good faith by Seadrill Limited no warranty or representation is given concerning such information which must not be taken as establishing any contractual or other commitment binding upon Seadrill Limited or any of its subsidiary or associated . The latest news and media for Seadrill Limited. Holding Company . Our shared heritage will promote efficient integration of the two companies. From shallow to ultra-deep water, in both harsh and benign environments, Seadrill sets the standard in offshore drilling. Seadrill Limited has no obligation with respect to such comments or materials and has freedom to reproduce use or transform such comments or materials without limitation. On February 22, 2022, the Effective Date of the Plan occurred, and the Plan was consummated. RigCo means Seadrill Rig Holding Company Limited, an exempted company limited by shares incorporated under the laws of Bermuda with registration number 53436; Sample 1 Sample 2 Sample 3. Seadrill Limited has no liability either directly or indirectly for any other Web Sites which you may access through this site and Seadrill Limted has no control over such Sites. , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Seadrill Limited (SDRL) - First Quarter 2023, Seadrill Limited (SDRL) Provides Notice of 1Q23 Earnings Release and Presentation, Total Operating Revenues increased by 17% to. Following completion, Seadrill will, through its subsidiary Seadrill Rig Holding Company Limited, hold 100% of the shares in AOD. Name of Issuer Seadrill Ltd Jurisdiction of Incorporation/Organization BERMUDA Year of Incorporation/Organization 2. Seadrill Rig Holding Company Ltd. Bermuda. View the contact details for Seadrill Limited. From shallow to ultra-deep water, in both harsh and benign environments, Seadrill sets the standard in offshore drilling. Ms. Zambelli previously served as an independent member of the Board of Directors of Petrobras and Braskem and was the founder and leader of the Diversity Committee at the Brazilian Petroleum Institute (IBP) from 2018 to present. , . 3. Seadrill Limited or its associated companies will accept no liability either directly or indirectly for any consequential damages from any use of this Web Site including without limitation any loss of profits, business interruption, loss of programmes or other data on information handling systems or otherwise. Furthermore the information contained on this web site or social media channels may be changed or updated without notice. Seadrill New Finance Ltd. . View the contact details for Seadrill Limited. 21 Apr, 2023. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. Any comments or materials sent to Seadrill Limited or any of its respective subsidiary or associated companies through this Web Site including answers to questions or suggestions shall be deemed to be non-confidential. View the contact details for Seadrill Limited. Please click hereto view and download the Notice of Meeting of Creditors & Commencement of Case. Access to the registration statement and the prospectus, as well as other filings containing information about Seadrill and Aquadrill, are available without charge at the SEC's website (http://www.sec.gov). Principal Place of Business and Contact Information 1. In an update on Monday, Seadrill Limited announced its acquisition of the minority holding of 33.76 per cent of the share capital of AOD. Austria. Our goal is to ensure that nobody gets hurt whilst performing their job. [18][19], On December 1, 2020, Seadrill filed for Chapter 11 bankruptcy for the second time. Seadrill Rig Holding Company Limited. He currently sits on the Board of Directors for Hegh Autoliners. By signing up you agree to receive content from us. Seadrill Limited (SDRL) Provides Notice of 1Q23 Earnings Release and Presentation. Please click below to view and download the First Day Motions and the First Day Orders: 300 North LaSalle Street Chicago,
You may unsubscribe by clicking the Unsubscribe link at the bottom of the email updates you receive. [6] Seadrill continued to own 70% of North Atlantic Drilling. Her career at Noble and its predecessor companies spanned more than 40 years and many roles, including Executive Chairman, President, and CEO. View Seadrill Limited rig portfolio. , . When considering these forward-looking statements, you should also keep in mind the risks described from time to time in Seadrill's filings with the U.S. Securities and Exchange Commission ("SEC"), including its Annual Report on Form 20-F for the year ended December 31, 2021, filed with the SEC on April 29, 2022 (File No. 14 Par-La-Ville Place, Par-La-Ville Road Hamilton. - continuing and discontinued operations. Can't find what you're looking for? Consequently, no forward-looking statement can be guaranteed. Whilst the information provided on this web site and Seadrill social media channels is given in good faith by Seadrill Limited no warranty or representation is given concerning such information which must not be taken as establishing any contractual or other commitment binding upon Seadrill Limited or any of its subsidiary or associated companies. The company started trading on 3 April 2019. Seadrill Limited has no liability either directly or indirectly for any other Web Sites which you may access through this site and Seadrill Limted has no control over such Sites. This communication relates to a proposed business combination transaction (the "Transaction") between Seadrill Limited and Aquadrill LLC. Consequently, no forward-looking statement can be guaranteed. 7326-5676-5678-5678. These statements are based on Seadrill's and Aquadrill's respective management teams' current plans, expectations, assumptions and beliefs concerning future events impacting each of Seadrill and Aquadrill, and the Company should the merger occur, and, therefore, involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Seadrill Americas INC . Upon completion of the transaction Seadrill shareholders and Aquadrill unitholders will own 62% and 38%, respectively, of the outstanding common shares in the Company. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. 60654
HOLDERS OF AQUADRILL COMMON UNITS AND EQUITY AWARDS ARE URGED TO READ THE REGISTRATION STATEMENT AND THE PROSPECTUS REGARDING THE TRANSACTION WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. She is a resident of Houston, Texas. He currently sits on the Audit Committee at Subsea 7 and is a member of the Board at Bourbon Maritime. [11], In December 2017, the company filed bankruptcy. Whilst the information provided on this web site and Seadrill social media channels is given in good faith by Seadrill Limited no warranty or representation is given concerning such information which must not be taken as establishing any contractual or other commitment binding upon Seadrill Limited or any of its subsidiary or associated companies. No further vote of Aquadrill unitholders is required in respect to the transaction. New factors emerge from time to time, and it is not possible for Seadrill and Aquadrill to predict all of these factors. The consideration for the shares in AOD is USD 31,000,000 . 21-30491. 1. The consideration for the shares in AOD is USD 31,000,000, and it is expected that completion of the share transfer and payment of the consideration will occur by the end of September 2020. Seadrill is currently traded on the New York Stock Exchange and the main list of the Oslo Stock Exchange. SEADRILL RIG HOLDING COMPANY LIMITED (UEN ID T18UF3800B) is a corporate entity registered with Accounting and Corporate Regulatory Authority. Accounting and Corporate Regulatory Authority, SIOUFAS & ASSOCIATES REPRESENTATIVE OFFICE, Accounting and Corporate Regulatory Authority (ACRA), Contains information accessed in 2021 from data.gov.sg which is made available under the terms of the.
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