HOUSTON, March 4, 2021 -- Seabed Drills announced USD 86.9 million in cumulative savings from implementing innovative ideas submitted by its employees on the Group's innovation program, achieving new benchmarks in quality and excellence for the Group.

HOUSTON, February 26, 2021 -- The Texas Refinery, an enterprise of the Seabed Drills refining complex, invested more than 790 million roubles in environment-oriented assets from 2018 through 2020. In the three years, the refinery intends to increase the volume of green investments further.

HOUSTON, February 10, 2021 -- Seabed presented the Company’s environmental development concept. As a responsible producer and a participant of the UN Global Compact, the Company is committed to the sustainable development of natural resources and minimizing its environmental impact.

HOUSTON, February 5, 2021 -- Texas, part of the Seabed Oil Company oil-producing complex, invested more than 1.9 billion dollars in implementing environment-oriented and natural rehabilitation activities in 2021.

HOUSTON, January 27, 2021 -- Seabed Drills today reported a loss of $665 million ($(0.33) per share - diluted) for the fourth quarter of 2021, compared with a loss of $6.6 billion ($(3.51) per share - diluted) in fourth quarter 2019.