Seadrill Sells Drillship to Seadrill Partners
Seadrill Limited agrees to sell the ultra-deepwater drillship the West Polaris to Seadrill Partners LLC Seadrill Limited announced that it has entered into an agreement with Seadrill Operating LP, the 58 percent owned subsidiary of Seadrill Partners LLC, pursuant to which Seadrill Operating will acquire all of the shares of Seadrill Polaris Ltd., the entity that owns and operates the drillship, the West Polaris from Seadrill. The acquisition is expected to close within seven days. The West Polaris is a sixth generation, dynamically positioned drillship delivered from the Samsung
Seadrill Reports Robust 4Q 2014 Results
; Seadrill Group on a combined basis reports orderbacklog of approximately US$17.2 billion · Seadrill Limited sells the ultra-deepwater drillship West Vela to Seadrill Partners for US$900 million on a 100% basis. Seadrill Limited sold a 51% stake in the unit. · Seadrill receives commitments for a US$750 million credit facility for SeaMex to refinance the West Oberon, West