Seadrill (NYSE:SDRL), trading on the New York Stock Exchange under the symbol SDRL, is a leading provider of offshore drilling services to the global oil and gas industry. The company specializes in the design, construction, deployment and operation of mobile offshore drilling units, serving major exploration and production companies with turnkey drilling solutions.
Seadrill’s fleet comprises ultra-deepwater drillships, semi-submersible rigs and high-specification jack-up units capable of operating in some of the world’s most challenging offshore environments. In addition to drilling operations, the company offers project management, engineering support and asset integrity services to optimize well delivery and enhance operational efficiency.
Established in 2005 by Shirish Patel and shipping magnate John Fredriksen, Seadrill is headquartered in Hamilton, Bermuda. The company underwent a comprehensive financial restructuring in 2017–2018 to strengthen its capital structure and emerge with a streamlined balance sheet. Today, Seadrill continues to invest in fleet modernization and technological innovation to meet evolving industry demands.
Seadrill operates across key offshore basins, including the Gulf of Mexico, the North Sea, West Africa, Brazil, the Middle East and Asia Pacific. The business is overseen by a board chaired by John Fredriksen and managed by an experienced executive team with deep expertise in offshore drilling, safety and project execution.
