Eastern Drilling

Eastern Drilling was an offshore drilling contractor headquartered in Grimstad, Norway. In May 2007, Seadrill acquired the company.[1]

Eastern Drilling ASA
IndustryPetroleum industry
Founded2004 (2004)
Defunct2007 (2007)
FateAcquired by Seadrill
HeadquartersGrimstad, Norway
Key people
Arve Andersson, CEO
ServicesOffshore drilling

History

The company was founded in 2004.

In 2005, Smedvig acquired a 10% stake in the company.[2]

In November 2006, the company signed a $558 million contract for use of its to-be-constructed drilling rig by Total S.A. The rig was being constructed by Samsung Heavy Industries.[3]

In May 2007, Seadrill acquired the company.[4]

References
  1. "Seadrill Buys Eastern Drilling Shares". www.rigzone.com. Retrieved 2020-01-23.
  2. Bjørndal, Bente (April 15, 2005). "Smedvig buys 10% stake in Eastern Drilling". Sysla.
  3. "Eastern Drilling Firms Up West E-drill Contract". RigZone. November 16, 2006.
  4. "Seadrill Now Controls Nearly All Eastern Shares, Votes". RigZone. May 21, 2007.
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