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Sete Brasil secured financing for nine first drilling ships Sete Brasil Participacoes SA (Sete Brasil) secured $3.7 billion loan to finance the first series of nine drilling rigs out of its $20 billion capital expenditure program for the construction of 29 rigs required by Petroleo Brasileiro (Petrobras) to develop the pre-salt crude oil in the […]

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Grupo R orders four jack-up rigs to Keppel for Pemex The Mexican construction and oil field service company Grupo R ordered four jack-up drilling rigs to Keppel Fels in Singapore to support the exploration and production program planned by Petróleos Mexicanos (Pemex) to stop the Mexican production to decline and to increase it again. In October […]

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Maersk to develop BP 20K drilling technology concept BP selected Maersk Drilling from Denmark and the Houston-based engineering company KBR to implement the development of its 20KTM concept for a new generation of drilling rigs. February 2013, BP and Maersk Drilling (Maersk) signed an agreement to develop and provide detailed engineering on a BP‘s  conceptual designs for a new generation of […]

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Setting the standard in drilling The actual Seadrill assets results from the consolidation of several companies operating in the offshore drilling sector. Registered in Hamilton, Bermuda Islands, in 2005, Seadrill Limited (Seadrill) is listed in Oslo and New York Stock Exchanges. One of the major Seadrill’s acquisition relies on the Norwegian Smedvig asa in 2006. […]

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