Acquiring Company
Seadrill Ltd
Acquired Company
Aquadrill
Bermuda
United KingdomEnergyOil And GasEnergyOil And GasDescription
Seadrill Limited ("Seadrill") (NYSE: SDRL) (OSE: SDRL) today announces that it has completed its acquisition of Aquadrill LLC ("Aquadrill"; and together with Seadrill, the "Company"). As a result of the transaction, Aquadrill became a wholly owned subsidiary of Seadrill. In connection with the completion of the transaction, Seadrill issued an aggregate 29,866,505 common shares to former Aquadrill unitholders and equity award holders, resulting in issued share capital of $798,665.03 divided into a total of 79,866,503 Seadrill common shares, each with a par value of $0.01, validly issued, and fully paid and non-assessable.
Quick answer
Seadrill Ltd is acquiring Aquadrill, announced April 3, 2023. Seadrill Ltd is based in Bermuda.
- How much did Seadrill Ltd pay for Aquadrill?
- The deal value was not disclosed.
- What does Seadrill Ltd do?
- Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for clients across harsh and benign locations around the globe.
- Where are Seadrill Ltd and Aquadrill based?
- Seadrill Ltd is based in Bermuda. Aquadrill is based in United Kingdom.
- Who are the decision-makers at Seadrill Ltd?
- Fundz holds 1 contact at Seadrill Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Seadrill Ltd, and when
When Seadrill Ltd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Aquadrill?
Aquadrill was acquired by Seadrill Ltd, based in Bermuda. The deal was reported on April 3, 2023. Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for clients across harsh and benign locations around the globe. Seadrill Ltd is publicly traded (SDRL) and operates in Energy.
When did Seadrill Ltd acquire Aquadrill?
Seadrill Ltd's acquisition of Aquadrill was reported on April 3, 2023. Seadrill Limited ("Seadrill") (NYSE: SDRL) (OSE: SDRL) today announces that it has completed its acquisition of Aquadrill LLC ("Aquadrill"; and together with Seadrill, the "Company"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Aquadrill do?
Aquadrill is a limited liability company that owns eight offshore drilling units. Aquadrill's fleet consists of four ultra-deepwater drillships, one ultra-deepwater harsh environment semi-submersible and three tender assist drilling units. It is privately held, operating in Energy, and is based in United Kingdom.
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