Provider: Wright Reports
Sevan Drilling ASA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Sevan Drilling ASA Outsources Rig Management to Seadrill Ltd
Sevan Drilling ASA announced that the Company has been in the process of establishing agreements for the outsourcing of the rig management to Seadrill Ltd since Seadrill's acquisition of controlling stake in Sevan Drilling. The permanent management agreements have now been agreed and executed. Seadrill will provide management for the operation of Sevan Driller, Sevan Brasil, Sevan Louisiana and, ultimately, Sevan Drilling Rig 4. In respect of rig 4, Seadrill will also take responsibility for preparations for operations and mobilization and marketing of all rigs, as well as providing construction support. The agreements have been negotiated on market terms and are consistent with management agreements provided by Seadrill to other entities.
Latest Developments for Sevan Drilling ASA
Latest Key Developments in Oil
- Paragon Offshore increases ownership in Prospector Offshore Drilling to 90.37 pct
- Paragon Offshore plc announces acquisition Of majority stake in Prospector Offshore
- Paragon Offshore plc announces acquisition Of majority stake in Prospector Offshore Drilling SA
- SD Standard Drilling divests entire holding in of 25.4 pct in Prospector Offshore Drilling
- Share this
- Digg this