Seadrill Limited

Seadrill Limited is an offshore drilling contractor that provides drilling services to the oil and gas industry worldwide. The company owns and operates a fleet of floaters, including drillships and semi-submersible rigs, which are used for drilling in shallow and ultra-deep water in both benign and harsh environments. Additionally, Seadrill operates jackup rigs for shallow-water drilling and offers management services and contract drilling units. Its customers include oil super-majors, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Seadrill 2021 Limited and was incorporated in 2005, with its headquarters in Houston, Texas.

Seadrill Limited is listed on the New York Stock Exchange (NYSE) under the ticker symbol SDRL. The company trades in United States Dollars (USD), which is the currency used for its financial reporting and stock transactions. As a US-based company with a global operations footprint, listing on the NYSE provides access to a broad investor base and liquidity in the world's largest equity market.

Seadrill operates in the Energy sector, specifically within the Oil & Gas Drilling industry. This means the company is primarily involved in the extraction of oil and natural gas by providing drilling services to exploration and production companies. As an offshore drilling contractor, Seadrill's activities are a critical part of the upstream oil and gas value chain, enabling the discovery and production of hydrocarbon reserves from beneath the seabed.

Seadrill Limited is headquartered in Houston, Texas, United States. The company serves a global market, providing offshore drilling services to oil and gas companies operating in various regions. Its fleet of floaters and jackup rigs allows it to operate in shallow and ultra-deep water environments, including benign and harsh conditions. Customers include oil super-majors, state-owned national oil companies, and independent oil and gas companies worldwide.

Seadrill generates revenue primarily by providing offshore drilling services to oil and gas companies. The company owns and operates a fleet of drillships, semi-submersible rigs, and jackup rigs that it contracts out to drill wells. Revenue is derived from day rates charged for the use of its drilling units, as well as from management services provided to other drilling contractors. Seadrill's contracts are typically with oil super-majors, state-owned national oil companies, and independent oil and gas firms, and the duration and terms of these contracts can vary based on market conditions and project requirements.