Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

Delayed Quote. Delayed  - 09/30 10:05:02 pm
2.37 USD   -4.82%
09/26 SEADRILL : SDRL - Minutes from the Annual General Meeting 2016
09/08 SEADRILL : SDRL - Annual General Meeting 2016
09/08 SEADRILL : SDRL - Annual General Meeting 2016
News SummaryMost relevantAll newsSector news 

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
04/16/2013 | 09:25pm CEST

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

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SEADRILL LTD
09/26 SEADRILL : SDRL - Minutes from the Annual General Meeting 2016
09/08 SEADRILL : SDRL - Annual General Meeting 2016
09/08 SEADRILL : SDRL - Annual General Meeting 2016
09/07DJMARKET SNAPSHOT : U.S. Stocks Turn Lower Ahead Of Fed Beige Book, Apple Event
09/06 SEADRILL : Notification
09/06 SEADRILL : SDRL - Mandatory notification of trade
08/25 SEADRILL : beats 2Q profit forecasts
08/25DJSEADRILL : Profit Drops as Rig Rates Remain Weak
08/25 SEADRILL : SDRL - Seadrill Limited Announces Second Quarter 2016 Results
08/24 SEADRILL LTD (NYSE : SDRL) Talks Of Legal Action After Contract Cancellation
More news
Sector news : Oil & Gas Drilling - NEC
05/02DJDiamond Offshore, Helmerich Revenue Declines Not as Bad as Feared
04/13DJASIAN SHARES : Stocks in Japan Recover, for the Moment -- Update
04/13DJAsia Markets Rally After Overnight Jump in Oil Prices
03/07DJStatoil Ends Rig Deal After Fatal Accident
03/07DJCHINA OILFIELD SERVICES : Statoil Petroleum Terminates Drilling Contract
More sector news : Oil & Gas Drilling - NEC
News from SeekingAlpha
09/29 SEADRILL LIMITED : Game Changer?
09/27 North Atlantic Drilling says Statoil cancels rig contract
09/27 North Atlantic Drilling - Statoil Terminates Earlier The Jack-Up West Epsilon..
09/27 What Will Happen To Seadrill Partners' Units In December
Financials ($)
Sales 2016 3 184 M
EBIT 2016 1 045 M
Net income 2016 523 M
Debt 2016 7 236 M
Yield 2016 -
P/E ratio 2016 2,15
P/E ratio 2017 114,49
EV / Sales 2016 2,66x
EV / Sales 2017 3,38x
Capitalization 1 222 M
More Financials
Duration : Period :
Seadrill Ltd Technical Analysis Chart | SDRL | BMG7945E1057 | 4-Traders
Full-screen chart
Technical analysis trends SEADRILL LTD
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus UNDERPERFORM
Number of Analysts 10
Average target price 2,74 $
Spread / Average Target 16%
Consensus details
EPS Revisions
More Estimates Revisions
John Fredriksen Chairman & President
Mark Morris Chief Financial Officer
Kate Blankenship Independent Director
Georgina E. Sousa Secretary & Director
Kathrine Astrup Fredriksen Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SEADRILL LTD-30.09%1 222
HELMERICH & PAYNE, INC..25.68%7 273
TRANSOCEAN LTD-13.89%3 895
More Results