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Sevan Drilling in Brief

Sevan Drilling is a fully integrated international drilling contractor that owns three of the world’s most advanced ultra deepwater drilling units, Sevan Driller, Sevan Brasil, and Sevan Louisiana. Sevan Driller has operated in Brazil since 2010. Sevan Brasil has operated in Brazil since 2012. Sevan Louisiana has operated in the US Gulf of Mexico since 2014. Sevan has also one additional rig under construction, Sevan Developer.

Sevan Drilling has an experienced management team and operating organization which is well positioned for further growth. The company has a robust financing at attractive terms, solid contract coverage and cash flows. The four high-end UDW rigs have a unique and cost effective design and are built for safe and efficient operations in ultra deep waters worldwide – including Brazil, West Africa and the US Gulf of Mexico. The Company has a perpetual license with Sevan Marine for use of the Sevan design for drilling purposes.

Long experience and strong focus on operating excellence and quality, health, safety and environment (“QHSE”) characterize both the management and the operating organization, which has offices Norway, Brazil, and the USA.

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