Seadrill Limited (SDRL) Stock

Seadrill Limited provides offshore contract drilling services globally to the oil and gas industry. Operating through three segments Harsh Environment, Floaters, and Jack-ups Rigs the company specializes in drilling operations across shallow to ultra-deep waters in various environmental conditions. Seadrill owns and operates a diverse fleet comprising drillships, semi-submersible rigs, and jack-up rigs tailored for both benign and harsh offshore environments. It offers comprehensive operation support and management services to third parties, including related and unrelated entities within the energy sector.

As of April 8, 2022, Seadrill Limited boasted a fleet of 21 offshore drilling units. This fleet includes two harsh-environment rigs, two benign-environment semi-submersible rigs, six drillships, and 11 jack-up rigs. The company's clientele spans across oil super-majors, state-owned national oil companies, and independent entities engaged in oil and gas exploration and production worldwide.

Founded in 2005 and headquartered in London, United Kingdom, Seadrill Limited continues to play a pivotal role in the offshore drilling industry. With a commitment to operational excellence and innovation, Seadrill remains focused on providing reliable and efficient drilling solutions that meet the evolving needs of its global customer base.