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Seadrill Limited closes the tender rig T15 transaction

Seadrill Limited has today completed the previously announced transaction to sell the T-15 tender rig to Seadrill Partners. The agreed upon sale is for a total price of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T-15. The balance of the total consideration is being financed with […]

Seadrill Sells Tender Rig T15 to Seadrill Partners

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Seadrill Sells Tender Rig T15 to Seadrill Partners

Seadrill Limited has today entered into an agreement to sell the companies that own and operate the tender rig T15 to Seadrill Partners LLC for a total consideration of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T15. The balance of the acquisition price will be financed […]

Seadrill completes the integration of the tender rig business into SapuraKencana

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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 […]