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Seadrill is an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships , semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deep water in both benign and harsh environments.
John Fredriksen (born 10 May 1944) is a Norwegian-born Cypriot oil tanker and shipping billionaire businessman based in London. He owns the world's largest oil tanker fleet and has major interests in the offshore driller Seadrill, the fish farming company Mowi, and the dry bulk company Golden Ocean Group. Through his investment companies Hemen ...
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Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved, lost a third of its value since the end of July. Although hedge funds are ...
Seadrill Limited (NYSE: SDRL) plunged over 6% when the company announced a quarterly dividend hike by $0.04 to $0.95, or 4.3%. Typically a dividend hike is greeted with positive stock returns, but ...
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While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a closer look at particularly stock-shaking upgrades and downgrades -- just in case ...
Smedvig ASA, ("Smedvig"), ( OSE: SME, NYSE: SMVA) was a Norwegian offshore oil rig company headquartered in Stavanger until it was acquired (January 2006) by rig newcomer SeaDrill of tanker mogul John Fredriksen. At time of the merger Smedvig operated two semi submersibles, one drillship and one jack up rig in the Norwegian and British sector ...
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