The drillships are to be constructed by Samsung Heavy Industries Co., Ltd. (SHI) and are expected to be delivered from the shipyard in the third quarter of 2011.

While drillships look similar to a tanker or cargo vessel, there are a couple of major differences. Drillships are equipped with a drilling derrick and moon pool. Additionally, drillships have ...

The company expects the sale will result in an estimated Q3 non-cash charge of $630M-$645M associated with the impairment of ...

The two drillships have been out of service in Las Palmas for years. The Pacific Meltem completed its last assignment in 2020, while the Pacific Scirocco did the same in 2017. The Pacific Meltem ...

Seadrill Ltd. engages in the provision of offshore drilling services. It owns and operates drillships, semi-submersibles and jack-ups. It operates through the following segments: Harsh Environment ...