Seadrill Sells Three Tender-assist Units for $85 Million

Wednesday, June 21, 2023

Offshore drilling firm Seadrill on Wednesday announced it has agreed to sell three tender-assist units to Singapore's Energy Drilling Pte Ltd for a total of $85 million in cash.

The units are the semi-tender West Vencedor and tender rigs T-15 and T-16.

The operations and marketing of the rigs are currently managed by Edrill under existing agreements. The transaction is subject to customary closing conditions and is expected to close early Q3 2023. Upon closing of the transaction, the tender-assist units will be owned by Edrill.

West Vencedor is semi-submersible self-erecting tender assisted drilling rig featuring 10k dual BOP, off-line pipe handling, stand building and designed to work on TLPs and SPARs in up to 6,500 ft of water with pre-laid mooring. It was built by Keppel FELS Singapore in 2009.

T-15 and T-16 barge-type self-erecting tender assisted drilling rigs with flat bottoms, raked sterns and bow hull shapes, designed for development drilling involving multiple well slots on fixed wellhead platforms in up to 6,000 ft of water with pre-laid mooring. Each was built by COSCO Nantong China in 2013.

Categories: Rigs Industry News

Related Stories

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

Brent Near $114 as Middle East Conflict Continues

Indonesia’s Mako Gas Project on Track for First Gas in 2027

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

UAE Exit Weakens OPEC, Raises Risk of Price War

Borr Drilling Expects Higher Activity as Rigs Return to Work

Iran War Reshapes Global LNG Trade

Arabian Drilling Flags Temporary Offshore Rig Suspensions in Persian Gulf

Current News

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com