Seadrill Ltd - Company Profile

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Seadrill Ltd: Overview

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Seadrill Ltd (Seadrill) is an offshore drilling contractor. The company provides contract drilling, well services and engineering services to offshore exploration and production companies. Its fleet includes drillships, jack-up rigs, semi-submersibles, and tender rigs for operations in shallow to ultra-deepwater areas in harsh and benign environments. The company harnesses knowledge from its fleet and makes data-driven decisions to improve performance, reinforce safety and drive efficiencies for its customers. Seadrill operates in Brazil, Norway, Nigeria, Angola, the US, and other countries. The company has regional offices in Oslo, Dubai, Houston, Singapore, Stavanger, Liverpool, London and Rio De Janeiro. Seadrill is headquartered in Hamilton, Bermuda.

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Headquarters Bermuda
Address Par-La-Ville Place, 14 Par-La-Ville Road, Hamilton, HM08
Website www.seadrill.com
Telephone 1 441 2956935
No of Employees 2,576
Industry Energy and Utilities
Ticker Symbol & Exchange SDRL (NYSE)
Revenue (2022) $1.0B 0.4% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 765.6% (2022 vs 2021)
Market Cap* $3.7B
Net Profit Margin (2022) XYZ 763.0% (2022 vs 2021)
* As of and is in US$
View Seadrill Ltd financials
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Seadrill Ltd premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Seadrill Ltd (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Seadrill Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
Engineering Services
Offshore Drilling
Platform Drilling
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In January, the company received contracts worth US$97.5 million for its West Vela and West Cappella drillships.
2023 Plans/Strategy In June, the company announced its plans to sell the jack-up rigs known as the West Castor, West Telesto and West Tucana and its 50% equity interest in Gulfdrill.
2023 Contracts/Agreements In June, the company entered into an agreement to sell the tender-assist units known as the West Vencedor, T-15 and T-16 to certain affiliates of Energy Drilling Pte. Ltd. for US$85 million.
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Competitor Comparison

Key Parameters Seadrill Ltd Saipem SpA Nabors Industries Ltd Noble Corporation Diamond Offshore Drilling Inc
Headquarters Bermuda Italy Bermuda United States of America United States of America
City Hamilton Milano Hamilton Sugar Land Houston
State/Province - - - Texas Texas
No. of Employees 2,576 - 12,000 3,800 2,100
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Julie Johnson Robertson Chairman Executive Board - -
Simon William Johnson Chief Executive Officer; President Senior Management 2022 52
Grant Russel Creed Chief Financial Officer; Executive Vice President Senior Management 2021 42
Leif Olaf Nelson Executive Vice President; Chief Operating Officer; Chief Technology Officer Senior Management 2021 48
Samir Ali Chief Communications Officer; Executive Vice President Senior Management 2022 37
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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