Seadrill transfers to Oslo Børs’ main market

Back

  • 12th transfer on Oslo Børs in 2022
  • Brings the number of companies on the main market up to 214
  • Market capitalisation of approximately NOK 16.3 billion

 

Oslo – 17 November 2022 – Oslo Børs, part of Euronext Group, today congratulates the offshore drilling company Seadrill with its transfer from Euronext Expand Oslo to the main market (ticker: SDRL). This is the 12th transfer on Oslo Børs so far this year.

Seadrill is a deepwater drilling contractor for the petroleum industry. The company has a versatile fleet including drillships, jack-ups and semi-submersibles fit for shallow to ultra-deepwater areas. Seadrill owns or operates 30 drilling rigs in total.

At opening, the share price of Seadrill was set at NOK 325 per share, based on the price on Euronext Expand Oslo at closing on 16 November. This corresponds to a market capitalisation of approximately NOK 16.3 billion on the day of listing.

Simon Johnson, Seadrill Chief Executive Officer, commented: “We are pleased to finalise our uplisting from the Euronext Expand to the main market at Oslo Børs, completing our goal of being listed on two major exchanges within 2022. We have a long association with Oslo Børs and look forward to building on our relationships with investors and public markets in Norway.”

Press Release Footer

About Euronext 
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway, and Portugal. As of December 2024, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal host over 1,800 listed issuers with around €6 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices. 
For the latest news, follow us on X (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2025, Euronext N.V. - All rights reserved.