Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Seadrill Ltd    SDRL   BMG7945E1057

SEADRILL LTD (SDRL)
Mes dernières consult.
Most popular
Report
Delayed Quote. Delayed  - 12/12 10:02:01 pm
0.2599 USD   +3.96%
12/06 SEADRILL : Notification Seadrill for Hemen Holding
12/04 SEADRILL : Financial Reports - Seadrill Limited
11/28 SEADRILL : SDRL - Changes to the Board of Directors
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Seadrill Ltd : SDRL - Seadrill secures a three-year contract for the ultra-deepwater newbuild West Neptune

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/16/2013 | 09:25pm CET

Hamilton, Bermuda, April 16, 2013  - Seadrill has signed a contract with LLOG Bluewater Holdings, LLC, for employment of  the new-build drill-ship, West Neptune, offshore Gulf of Mexico.  The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates. The potential revenue for the primary contract term is approximately US$662 million.  The West Neptune is expected to be delivered to Seadrill from the Samsung Heavy Industries shipyard in Geoje, South Korea, in early June 2014.  The rig will be outfitted to work in up to 10,000' of water and is capable of water depths up to 12,000' and drilling depths up to 37,000'.

Fredrik Halvorsen, CEO and President of Seadrill Management Ltd. says in a comment, "We are delighted to have signed our first contract with LLOG, a leading independent operator in the Gulf of Mexico. This award complements our expanding deepwater operations in the area with Seadrill's fleet growing to six ultra-deepwater units within the US and Mexican Gulf of Mexico over the next 18 months. In addition, this contract brings Seadrill's order backlog to US$20.9 billion. We continue to experience strong demand for premium ultra-deepwater rigs and expect to further increase our backlog and earnings visibility in the next months as our additional ultra-deepwater units under construction secure term contracts.

Scott Gutterman, President and CEO of LLOG, added: "The West Neptune will be the first dual BOP rig in the Gulf of Mexico for LLOG.  LLOG will initially utilize the rig to perform completions of our Delta House wells.  Having two BOP's will allow LLOG to complete our wells efficiently saving up to 12 days per completion.  Execution of this contract is another key step in accelerating the drilling and development of our extensive portfolio of exploration prospects in the Gulf of Mexico. Seadrill is an outstanding company and we are looking forward to the business relationship."

 
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Seadrill Limited via Thomson Reuters ONE

HUG#1693592
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SEADRILL LTD
12/06 SEADRILL : Notification Seadrill for Hemen Holding
12/04 SEADRILL : Financial Reports - Seadrill Limited
11/28 SEADRILL : SDRL - Changes to the Board of Directors
11/27 MONDAY SECTOR LAGGARDS : Metals & Mining, Oil & Gas Exploration & Production Sto..
11/24 SEADRILL : SDRL - Changes to the Board of Directors
11/21 SEADRILL : SDRL - Financial Calendar
11/20SEADRILL LTD : quaterly earnings release
11/17 SEADRILL : SDRL - Financial Calendar
11/14DJSEADRILL : Foundered, Lawyers, Executives Profited
11/08 SEADRILL : Today's Research Reports on Trending Tickers: Seadrill Limited and Tr..
More news
News from SeekingAlpha
12/12 Seadrill Bondholders Reportedly Submit A Last-Minute Proposal
12/12 WALL STREET BREAKFAST : Investors Ready For FOMC Meeting
12/12 Alternative debt restructuring for Seadrill?
12/11 OFFSHORE DRILLING : Future Appears Quite Bright, Despite Current Industry Weakne..
12/11 Is Ship Finance International Still The Cream Of The Crop?
Financials ($)
Sales 2017 2 066 M
EBIT 2017 62,4 M
Net income 2017 -202 M
Debt 2017 7 778 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 3,83x
EV / Sales 2018 4,70x
Capitalization 133 M
Chart SEADRILL LTD
Duration : Period :
Seadrill Ltd Technical Analysis Chart | SDRL | BMG7945E1057 | 4-Traders
Technical analysis trends SEADRILL LTD
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 1
Average target price 3,00 $
Spread / Average Target 1 100%
EPS Revisions
Managers
NameTitle
Anton Dibowitz Chief Executive Officer
Per Winther Wullf President & Director
John Fredriksen Chairman
Mark Morris Chief Financial Officer & Senior Vice President
Alexandra Kate Blankenship Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SEADRILL LTD-92.39%133
CHINA OILFIELD SERVICES LIMITED-18.24%6 363
HELMERICH & PAYNE, INC.-26.09%6 347
SINOPEC OILFIELD SERVICE CORP-31.46%5 458
PATTERSON-UTI ENERGY, INC.-19.87%4 958
TRANSOCEAN LTD-31.75%3 904