Drew Investment Ltd, a company controlled by Seadrill Director Tor Olav Trøim, has through market purchases October 16, 2008 purchased 25,000 ordinary shares in Seadrill Limited at a price of NOK60.12 per share.
Trøim’s direct and indirect holding in Seadrill Limited following this transaction is 350,000 shares and 275,000 options. Trøim controls in addition TRS agreements [...]

Seadrill is pleased to report the delivery of the ultra-deepwater drillship West Polaris from Samsung Heavy Industries. The drillship will leave Korean waters tomorrow after completing fuelling and some general mobilisation activities en route to its first drilling assignment for Exxon in Brazil. West Polaris was delivered 10 days after original contract schedule with a [...]