2014-08-27 18:05:00
SEADRILL Q2 RESULTS
Highlights
- Seadrill Limited reports second quarter 2014 EBITDA* of US$641 million
- The Seadrill Group* on a consolidated basis reports record EBITDA of US$865 million
- Seadrill Limited reports second quarter 2014 net income of US$653 million and earnings per share of $1.29
- Seadrill Limited maintains quarterly dividend at US$1 per share
- Seadrill Group on a consolidated basis maintains orderbacklog of approximately US$20 billion
- Seadrill secures contracts for the jack-up units West Tucana, West Telesto, West Ariel, and West Prospero and extends contract for the West Mischief. The total revenue potential for the new contracts is approximately US$433 million.
- Seadrill sells 230 million shares of SapuraKencana raising approximately US$300 million in proceeds.
- Seadrill Partners completes US$1.1 billion add-on term loan B
- North Atlantic Drilling announces extensive Investment and Co-operation Agreement with Rosneft to partner in the Russian market.
- Seadrill secures a contract with Total for employment of the West Jupiter. The contract is for a firm period of 5 years and has a total revenue potential for the primary contract term of approximately US$1.1 billion inclusive of mobilization.
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