Eastern Drilling
Encyclopedia
Eastern Drilling is a Norwegian
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

 offshore oil rig
Oil platform
An oil platform, also referred to as an offshore platform or, somewhat incorrectly, oil rig, is a lаrge structure with facilities to drill wells, to extract and process oil and natural gas, and to temporarily store product until it can be brought to shore for refining and marketing...

 owner. The company has orders with Samsung Heavy Industries
Samsung Heavy Industries
Samsung Heavy Industries or SHI is one of the largest shipbuilders in the world and one of the "Big Three" shipbuilders of South Korea...

 to deliver two Moss Maritime semi-submersible
Semi-submersible
A semi-submersible is a specialised marine vessel with good stability and seakeeping characteristics. The semi-submersible vessel design is commonly used in a number of specific offshore roles such as for offshore drilling rigs, safety vessels, oil production platforms and heavy lift cranes.The...

 drilling rigs with delivery in 2008. The rigs will be operated by SeaDrill
SeaDrill
Seadrill is a Norwegian-Bermudan offshore drilling company with operations in Angola, Brunei, the Republic of Congo, Indonesia, Malaysia, Nigeria, Norway, Thailand and the United Kingdom. The company operates Semi-submersibles, Jack ups, Tender rigs, Semi-Tenders and Drillships. The company is...

. Eastern Drilling has its headquarters in Grimstad
Grimstad
is a town and municipality in Aust-Agder county, Norway. It belongs to the geographical region of Sørlandet. The administrative center of the municipality is the town of Grimstad. Other notable places in Grimstad include Eide, Fevik, Fjære, Landvik, Prestegårdskogen, Reddal, and Roresanden.It is...

, Norway.

As of September 2006 the largest owner of Eastern Drilling is SeaDrill (60.43%). SeaDrill is controlled by the Norwegian shipping magnate John Fredriksen
John Fredriksen
John Fredriksen, is a Norwegian-born Cypriot oil tanker and shipping tycoon, owner of the world's largest oil tanker fleet, and was Norway's richest man until he chose to abandon his Norwegian citizenship and take up a Cypriot passport. Norwegian magazine Kapital listed Fredriksen in 2010 with a...

who has announced that he wished SeaDrill to acquire Eastern Drilling.

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