Seadrill Aquires Major Asia Offshore Stake
Bermuda’s Seadrill Limited yesterday [Apr. 10] acquired additional 14,153 shares of Asia Offshore Drilling Limited. The shares were acquired at price 28.70 Norwegian krone per share.
Following this acquisition, Seadrill will be the owner of 39,739,547 shares in the company, corresponding to 66.23 percent of the total number of outstanding shares in the company.
Seadrill is a Norwegian-Bermudan offshore drilling company with operations in Angola, Brunei, the Republic of Congo, Indonesia, Malaysia, Nigeria, Norway, Thailand and the United Kingdom.
The company operates semi-submersibles, jack ups, tender rigs, semi-tenders and drillships.
Domiciled in Bermuda, Seadrill is listed on Oslo Stock Exchange and the New York Stock Exchange.
Its operational headquarters are situated in Stavanger, Norway.
