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Sevan Drilling ASA

Norway

Address: Tordenskioldsgate 6, 0160 Oslo, Norway Norway

Tel: +47 22 33 00 00

Web: www.sevandrilling.com

Company description

Sevan Drilling is a Norwegian operator of deepwater drilling rigs. Sevan Drilling has an experienced management team and operating organization which is well positioned for further growth. The company has a robust financing at attractive terms, solid contract coverage and cash flows. The four high-end UDW rigs have a unique and cost effective design and are built for safe and efficient operations in ultra deep waters worldwide – including Brazil, West Africa and the US Gulf of Mexico. The Company has a perpetual license with Sevan Marine for use of the Sevan design for drilling purposes. Long experience and strong focus on operating excellence and quality, health, safety and environment (“QHSE”) characterize both the management and the operating organization, which comprises approximately 185 employees based in Brazil, Norway and China.

Products and services

Sevan Drilling is an international drilling contractor specializing in the ultra deepwater (UDW) segment. The Company owns and operate two rigs of the cylindrical Sevan design.
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