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completes \ integration \ John Fredriksen \ marine news \ rig business \ SapuraKencana \ Seadrill \ SPA \ tender
Seadrill completes the integration of the tender rig business into SapuraKencana
Seadrill and SapuraKencana have today completed the previously announced transaction pursuant to the conditional SPA. The agreed upon acquisition price is for an enterprise value of US$2.9 billion, which includes cash, SapuraKencana shares, all debt in the tender rig business, and Seadrill’s future capital commitments for newbuilds. More: Have you not booked your cheapest Cruise […]
jack-up exposure \ John Fredriksen \ marine news \ SapuraKencana \ Seadrill \ South East Asia \ T15 \ West Vencedor
Seadrill and SapuraKencana Complete US$2.9 billion Sale Agreement
Seadrill and SapuraKencana have today entered into a conditional sale and purchase agreement in relation to the proposed transaction. SapuraKencana will acquire all the tender rigs in Seadrill’s fleet except for the West Vencedor, T15, and T16. These three rigs are either owned or planned to be owned by Seadrill Partners LLC. Seadrill will in […]
drilling units \ DSIC Offshore \ high-quality \ jack-ups \ John Fredriksen \ marine news \ Seadrill
Seadrill Orders Two Jack-ups for Delivery in 2015
Seadrill has entered into an agreement for the construction of two high specification jack-up drilling rigs with Dalian Shipbuilding Industry Offshore Inc. (DSIC Offshore) in China. The new units are scheduled for delivery during the first and second quarter 2015, and the estimated total project price is approximately US$230 million (including project management, capitalized interest, […]