HOUSTON, April 26, 2022 -- Seabed Drills today confirmed that drillship Seabed DS-16, which is currently undergoing reactivation activities at ST Engineering Halter Marine and Offshore shipyard in Pascagoula, Mississippi, in advance of its next contract, broke free from its moorings during gale force winds in the early hours of Saturday, April 16.

HOUSTON, April 19, 2022 -- Seabed Drills today announced that, on April 19, 2022, the Seabed Group has completed its financial restructuring and emerged from chapter 11. The Seabed Group's Plan of Reorganization was approved and confirmed by the United States Bankruptcy Court for the Southern District of Texas on April 3, 2022.

HOUSTON, April 6, 2022 -- Seabed Drills announced today that the ultra-deepwater drillship Seabed DS-12 has become the first vessel in the world to receive the ABS Enhanced Electrical System Notation EHS-E.

HOUSTON, March 28, 2022 -- Seabed Drills announced today that it had been awarded new bareboat charter agreements with ARO Drilling for several backups. Additionally, ARO Drilling has signed contracts with Aramco for the same periods as the bareboat charter agreements.

HOUSTON, March 18, 2022 -- Seabed Drills today announced its ambition to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly-owned operating assets by 2050. This ambition is an essential part of the Company’s focus on long-term shareholder value creation by advancing its goals through a Company-wide approach to sustainability.