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SDRL Stock - Seadrill Limited


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Seadrill Limited is a leading provider of offshore contract drilling services for the global oil and gas industry. The company operates through three primary segments: Harsh Environment, Floaters, and Jack-ups Rigs. Seadrill specializes in deploying advanced drilling technology to support operations in both benign and extreme environmental conditions, offering a comprehensive suite of services tailored to diverse drilling needs.

The Harsh Environment segment focuses on operating rigs designed for challenging conditions, including harsh weather and deepwater environments. This segment features high-specification rigs capable of withstanding extreme offshore conditions. The Floaters segment includes semi-submersible rigs and drillships, which are utilized for deepwater drilling and are equipped with state-of-the-art technology to enhance operational efficiency. The Jack-ups Rigs segment encompasses mobile drilling units that are ideal for shallow water operations, offering flexibility and efficiency for various drilling tasks.

As of April 8, 2022, Seadrill Limited's fleet includes 21 offshore drilling units. This fleet comprises two harsh-environment rigs, two benign-environment semi-submersible rigs, six drillships, and 11 jack-up rigs. The company provides not only drilling services but also operational support and management services, serving a broad clientele that includes oil super-majors, state-owned national oil companies, and independent oil and gas firms.

Founded in 2005 and headquartered in London, United Kingdom, Seadrill Limited is committed to delivering high-performance drilling solutions worldwide. The company’s extensive experience and advanced fleet make it a key player in the offshore drilling sector, capable of addressing the complex and evolving needs of the global energy market.

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