Private company

Eastern Drilling

Offshore drilling contractor

Eastern Drilling was an offshore drilling contractor headquartered in Grimstad, Norway. In May 2007, Seadrill acquired the company.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2004Founded1

Eastern Drilling was an offshore drilling contractor headquartered in Grimstad, Norway. In May 2007, Seadrill acquired the company.2

The story

The company was founded in 2004.

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

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.

In May 2007, Seadrill acquired the company.

From Wikipedia’s article on Eastern Drilling, shared under CC BY-SA 4.0.3

Timeline

  1. 2004Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3