Offshore Drilling Contractor Signs Merger Agreement and Will Acquire Seven 7th Generation Drillships, Three Harsh Environment Rigs, Four Liftboats, and Three Support Vessels

Written by Roberta Souza

Published on 27/12/2022 at 18:24

Foto: reprodução br.pinterest.com

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Seadrill Limited and Aquadrill Will Join in a Partnership for Offshore Drilling in a New Drilling Platform Company

The new partnership in the offshore drilling sector will occur between Seadrill Limited and Aquadrill, where Seadrill will purchase part of the offshore drilling platform company Aquadrill. At the end of this merger between the companies, both will have, respectively, 62% and 38% each, with Aquadrill offshore becoming the owner of over US$ 900 million.

In a statement, Seadrill of offshore drilling platforms declared that the merger of the two companies will create a new leading offshore drilling company, possessing a high-specification fleet with cutting-edge technology, as well as a streamlined cost structure.

Seadrill will have, in total, 7 drill ships, 3 drilling platforms, and 4 elevators. The approval of the merger was completed after meetings with the boards of directors of both companies, and did not require the approval of any Seadrill shareholder.

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The energy company Eletrobras announced on Thursday, December 15th, the signing of a technical cooperation agreement with the oil company Shell, aiming at the future of the Brazilian energy market.

Amid the growing studies for offshore wind energy projects, the companies plan to collaborate with each other to enable these studies and potential ventures.

Eletrobras seeks to make its operations increasingly sustainable, investing in renewable energies, while Shell targets offshore wind for the coming years.

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Offshore Drilling Contractor Signs Merger Agreement and Will Acquire Seven 7th Generation Drillships, Three Harsh Environment Rigs, Four Liftboats, and Three Support Vessels

Seadrill Limited and Aquadrill Will Join in a Partnership for Offshore Drilling in a New Drilling Platform Company

DISCOVER 10 OFFSHORE DRILLING COMPANIES

More About the Offshore Sector: Eletrobras and Shell Sign Technical Cooperation Agreement for Future Investments in Offshore Wind Energy Projects

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Offshore Drilling Contractor Signs Merger Agreement and Will Acquire Seven 7th Generation Drillships, Three Harsh Environment Rigs, Four Liftboats, and Three Support Vessels

Seadrill Limited and Aquadrill Will Join in a Partnership for Offshore Drilling in a New Drilling Platform Company

DISCOVER 10 OFFSHORE DRILLING COMPANIES

More About the Offshore Sector: Eletrobras and Shell Sign Technical Cooperation Agreement for Future Investments in Offshore Wind Energy Projects

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

Goodbye traditional washing machine: Panasonic surprises housewives with the NA-G5 featuring four drums, a 13 kg washer and dryer, a 12 kg dryer, independent mini washers, a heat pump, and a 4-in-1 system awarded at the German Design Award.

While cities spend fortunes patching potholes and tons of plastic become waste, the Netherlands transforms over 218,000 recycled cups into a modular bike path that can conceal drainage, cables, and pipes.

While communities suffer from water scarcity and the advancing desert, women in Morocco use nets high up in the mountains to trap fog droplets, fill reservoirs, and transport drinking water through more than 10 km of piping.

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