Seawell Limited Company News

Recent Articles

Results 21 articles shown

Seawell, Allis-Chalmers Merger Finalized
Seawell and Allis-Chalmers announced that the Allis-Chalmers stockholders approved the proposals related to the proposed merger of Allis-Chalmers into Wellco Sub Company.
7:00 PM EST | February 23, 2011
Seawell to Acquire Allis-Chalmers for $890MM
Seadrill's majority owned subsidiary Seawell will acquire Allis-Chalmers in a transaction valued at approximately US $890MM.
8:00 PM EST | August 12, 2010
Statoil Extends Production Drilling Contracts
Statoil has chosen to exercise options in existing contracts with Odfjell Drilling Managment, KCA Deutag Norge and Seawell for production drilling and maintenance services.
7:00 PM EST | February 15, 2010
Seawell Expands Further with IFS Applications
Seawell has decided to expand its usage of IFS Applications into engineering, project management, job setting, material management, financials and human resources.
7:00 PM EST | November 23, 2009
Latent's Drilling Services Portfolio Expands to Norway
Latent Ltd's portfolio of drilling related work has now expanded to include contracts for Seawell in Norway.
8:00 PM EST | September 13, 2009
Drilling and Well Service Co Seawell Selects IFS Applications
Seawell Ltd has selected IFS Applications as its enterprise applications to support the growth of the company's global project-based operations.
8:00 PM EST | June 03, 2009
Seawell Management President Steps Aside, Chairman Takes Helm
Seawell reports that Alf Ragnar Lvdal in the near future will resign as CEO of Seawell Management. Rasmussen, Chairman in Seawell, will assume the position as acting CEO on an interim basis pending the Company's appointment of a successor CEO.
8:00 PM EST | April 22, 2009
O&G Service Co EFC Celebrates Record Six Months
Electro-Flow Controls, a leading designer and manufacturer of instrumentation, monitoring and control systems for the global oil and gas industry, is celebrating the best six months of new orders in the company's 22-year history.
8:00 PM EST | April 20, 2009
Talisman to Drill Sidetrack Well with Gyda Platform Rig
Talisman received consent to conduct exploration drilling of a sidetrack well from the Gyda platform rig.
7:00 PM EST | December 17, 2008
Bergen Group Bags Contract for Onshore Work on Ula Platform
Bergen Group, through its subsidiary Bergen Group Rosenberg, was awarded a contract regarding fabrication and installation of structures on the Ula Platform. The contract has an estimated value of NOK 15 -20 million.
8:00 PM EST | September 07, 2008
BP Awards Major Platform Drilling Contract to Seawell Norge
BP announced that the recently awarded Platform Drilling Contract with Seawell Norge AS is for a 5-year term, plus option periods, for all BP Norge's platform facilities.
8:00 PM EST | August 21, 2008
Seawell Announces Profitable 1Q2008
Seawell announced its first quarter 2008 results, reporting EBITDA of NOK66.3 million and net income of NOK20.6 million, with earnings per share of NOK0.20.
8:00 PM EST | May 27, 2008
Seawell Purchases TecWel for NOK 168M
Seawell Limited announced the purchase of TecWel AS, purchasing it for NOK168 million.
8:00 PM EST | May 26, 2008
Seawell To Use Private Placement Funds On Acquisitions And More
Seawell Ltd. has decided to increase the Company's equity base through a private placement of 10 million shares to a share price of NOK19.50 per share.
8:00 PM EST | April 09, 2008
Seawell Limited Selects AVEVA PDMS for UK Operations
AVEVA announced that Seawell Limited has selected AVEVA PDMS for use at its new engineering offices which opened in Blyth, Northumberland, UK in September 2007.
7:00 PM EST | March 04, 2008
Seawell Wins Contract Extensions at Gullfaks and Statfjord
Seawell Limited has been awarded a contract extension by StatoilHydro for platform drilling services and maintenance on the Gullfaks and Statfjord fields on the Norwegian continental shelf.
7:00 PM EST | March 03, 2008
Seawell to Acquire New Well Service Unit for $50 Million
Seawell Limited has signed a Letter of Intent for the purpose of acquiring a new well service unit (WSU) with Streicher GmbH in Germany. Total capital expenditure for the unit is estimated to approximately US$50 million.
7:00 PM EST | February 04, 2008
Noble to Sell Platform Drilling Business for $35 Million
Noble Corporation, a leading offshore driller, said that subsidiaries of the Company have reached agreement to sell the Company's North Sea platform drilling business to Seawell Holding UK Limited for $35 million.
7:00 PM EST | January 15, 2008
Seawell Secures New Platform Upgrade and Drilling Contract in the UK
Seawell Limited has been awarded a contract by the Fairfield Energy Limited for the provision of platform upgrade and drilling services on the Dunlin field on the UK continental shelf.
7:00 PM EST | January 10, 2008
Rasmussen Elected Executive Chairman of Seawell Limited
Mr. Joergen Peter Rasmussen (48) has been elected Executive Chairman of the Board of the newly established company Seawell Limited.
8:00 PM EST | September 23, 2007
Seadrill Establishes An Independent Well Services Company
Seadrill establishes a separate entity for its well services activities in hopes of creating a large international well services company. Seawell Limited will be the name of the new company.
8:00 PM EST | September 23, 2007