Eastern Drilling
Eastern Drilling was an offshore drilling contractor headquartered in Grimstad, Norway. In May 2007, Seadrill acquired the company.[1]
 | |
| Industry | Petroleum industry |
|---|---|
| Fate | Acquired by Seadrill |
| Founded | 2004 |
| Defunct | 2007 |
| Headquarters | Grimstad, Norway |
Key people | Arve Andersson, CEO |
| Services | Offshore 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
- "Seadrill Buys Eastern Drilling Shares". www.rigzone.com. Retrieved 2020-01-23.
- Bjørndal, Bente (April 15, 2005). "Smedvig buys 10% stake in Eastern Drilling". Sysla.
- "Eastern Drilling Firms Up West E-drill Contract". RigZone. November 16, 2006.
- "Seadrill Now Controls Nearly All Eastern Shares, Votes". RigZone. May 21, 2007.
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