Business expansion
Location of affected unit(s)
Norway and other countries throughout the world
Mining / Quarrying
Mining And Quarrying
Mining Support Service Activities
09.1 - Support activities for petroleum and natural gas extraction

2,430 jobs
Number of planned job creations
Job creation
Announcement Date
9 February 2007
Employment effect (start)
1 January 2007
Foreseen end date
31 December 2009


The Norwegian oil drilling group of companies, Seadrill, has its headquarter outside Stavanger. The group currently employs 5,095 people, half of them in Norway. The group owns 35 drilling units - rigs, ships and jack-up rigs - 14 of which are currently being built. The group has activities in 14 countries and four continents and is the 6th largest drilling company in the world in market value.

The group has recently experienced large growth and it is likely to become the world leader after the aquisition of Smedvig. The company announced on 9 February 2007 that it is expecting to increase its global workforce to 7,500 by the end of 2009. The number will increase especially in 2008 when the new rigs are finished. About 1/3 will be Norwegians, the rest mainly locals in the countries where the drilling acitivity is.


  • 9 February 2007: Stavanger Aftenblad


Eurofound (2007), Seadrill, Business expansion in World, factsheet number 64949, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64949.