Technical Analysis for SDRL - Seadrill

Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. The company operates in three segments: Floaters, Jack-up Rigs, and Tender Rigs. The Floaters segment offers services, such as drilling, completion, and maintenance of offshore exploration and production wells under contracts relating to semi-submersible rigs and drillships for harsh and benign environments in mid-, deep-, and ultra-deep waters. The Jack-up Rigs segment provides services, which include drilling, completion, and maintenance of offshore exploration and production wells under contracts relating to jack-up rigs for operations in harsh and benign environments. The Tender Rigs segment operates self-erecting tender barges and semi-submersible tender rigs, which are used for production drilling and well maintenance. The company owns and operates a fleet of 66 offshore drilling units, which consist of 15 semi-submersible rigs, 1 drillship, 24 jack-up rigs, and 16 tender rigs. It serves oil and gas exploration and production companies, including integrated oil companies, independent oil and gas producers, and government-owned oil and gas companies. The company has a strategic partnership with North Atlantic Drilling Limited. Seadrill Limited is headquartered in Hamilton, Bermuda.