Eastern Drilling was an offshore drilling contractor headquartered in Grimstad, Norway. In May 2007, Seadrill acquired the company.[1]

Eastern Drilling ASA
IndustryPetroleum industry
Founded2004; 20 years ago (2004)
Defunct2007; 17 years ago (2007)
FateAcquired by Seadrill
HeadquartersGrimstad, Norway
Key people
Arve Andersson, CEO
ServicesOffshore drilling

History

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The company was founded in 2004.

In 2005, Smedvig acquired a 10% stake in the company.[2]

In November 2006, the company signed a $558 million contract for use of its to-be-constructed drilling rig by Total S.A. The rig was being constructed by Samsung Heavy Industries.[3]

In May 2007, Seadrill acquired the company.[4]

References

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  1. ^ "Seadrill Buys Eastern Drilling Shares". www.rigzone.com. Retrieved 2020-01-23.
  2. ^ Bjørndal, Bente (April 15, 2005). "Smedvig buys 10% stake in Eastern Drilling". Sysla.
  3. ^ "Eastern Drilling Firms Up West E-drill Contract". RigZone. November 16, 2006.
  4. ^ "Seadrill Now Controls Nearly All Eastern Shares, Votes". RigZone. May 21, 2007.