Eastern Drilling

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

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. Bente Bjørndal. Smedvig buys 10% stake in Eastern Drilling Sysla, April 15, 2005^
  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^