eastern drilling news
Your Search Returned 27 tagged news reports
Buy This Deepwater Drilling Stock if...
Alexandria :: VA :: USA | 3 months ago
Credibility
Did you know that last year was the best year ever for deepwater discoveries? Exploration and production companies announced 52 new finds last year, which crushed the old record by 40%. The future looks even brighter as the industry continues to
Tags:
Is It Time to Sell Seadrill?
Alexandria :: VA :: USA | 3 months ago
Credibility
Jim Mueller gives us three things to watch for as warnings signs to sell. First, Seadrill is expanding its rig fleet rapidly and incurring significant debt doing so. Second, utilization rates need to at least stay level, and preferably increase. If
Tags:
Seadrill: What You Need to Be Watching
Alexandria :: VA :: USA | 6 months ago
Credibility
Specifically, he talks about the geographic diversity of its ultra-deepwater rigs, and how the day rates for these "bread and butter" rigs are higher than competitors Transocean , Noble , and Diamond Offshore . Additionally, he details how its
Tags:
Seadrill looks to move from Norway, CEO quits
Oslo :: Norway | 8 months ago
Credibility
Shipping tycoon John Fredriksen announced on Wednesday plans to move management at Seadrill out of Norway , prompting the chief executive of the world's biggest deepsea drilling rig owner to leave and opening a new chapter in Fredriksen's
Tags:
Seadrill CEO Thorkildsen to resign
Oslo :: Norway | 8 months ago
Credibility
Seadrill Ltd , the world's biggest driller by market capitalization , said CEO Alf Thorkildsen will resign and Fredrik Halvorsen will replace him as the company looks to re-locate its management service function. The decision comes as the company's
Tags:
Buy, Sell, or Hold: Seadrill
Saint George :: Bermuda | 8 months ago
Credibility
Examine its pros and cons, and decide whether its possible upsides outweigh its risks...Founded in 1972, based in Bermuda and with a market capitalization of about $19 billion, Seadrill serves the global oil and gas industry with offshore drilling
Tags:
Is Seadrill the Top Offshore Driller?
Alexandria :: VA :: USA | 9 months ago
Credibility
With the growing number of national oil companies, oil and gas reserve replacements are harder to find, causing big oil to resort to unconventional drilling locales. ExxonMobil is one of those integrated oil companies that recently agreed to drill
Tags:
Why Seadrill's Still Going Strong in 2012
Oslo :: Norway | 11 months ago
Credibility
The key to understanding Seadrill's recent success is simple: Just look at daily contract rates for ultra-deepwater rigs. RIG ) has seen average rates rise to almost $535,000 per day, and Seadrill expects those rates to rise above $600,000 . XOM
Tags:
Will SeaDrill Benefit From the "Super Spike" in Dayrates?
São Paulo :: Brazil | 1 year ago
Credibility
Buy what you know Look no further than the dayrates that deepwater drillers are commanding for their rigs to see that a recovery is well under way in the space. Ocean Rig (which it is slowly exiting ), is able to wrangle dayrates north of $600,000.
Tags:
Drilling for Deep Sea Gold
Mexico City :: Mexico | 1 year ago
Credibility
The company has a simple story, is in an industry that isn't glamorous and has a management team that is led by one of the most successful men in his industry John Fredriksen. Fredriksen may not be a household name inNorth America or a celebrity CEO,
Tags:
