HAMILTON, Bermuda-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE:
SDRL) today announced that Oslo Bors has approved the Company's delisting from
the Oslo Stock Exchange (OSE), following an affirmative shareholder vote at the
Company's Annual General Meeting in April 2024. Seadrill shares will be delisted
from the OSE on September 10, 2024, and the last day of trading will be
September 9, 2024. The Company will maintain a single listing on the New York
Stock Exchange, consistent with efforts to simplify its business.
"Seadrill has a long legacy in Norway, and the OSE was instrumental in our
reemergence to public markets in 2022," remarked President and Chief Executive
Officer, Simon Johnson. "While we believe a single listing on the NYSE is most
appropriate for Seadrill's strategy, development, and size, we appreciate the
long-standing support of the Norwegian investment community and would like to
encourage its continued participation with our company."
About Seadrill
Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
around the globe. Seadrill's high-quality, technologically-advanced fleet spans
all asset classes allowing its experienced crews to conduct operations across
geographies, from shallow to ultra-deepwater environments.
Contacts
Lydia Brantley Mabry
Director of Investor Relations
ir@seadrill.com