DOCSLIB.ORG

Dnb NOR (DNBNOR)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Dnb NOR (DNBNOR) DERIVATIVES, OSLO BØRS - MARCH 2013 The OBX index ended up at more or less the same level as in February. There was a slight decrease of 0.3% to 434.21 points. The index is up 5.8% so far this year. The average number of contracts traded in March was 57 802 contracts/day, the highest since June 2011. The average for the year is 44 012 contracts/day. March was a mixed month when it comes to turnover. The stock option premium decreased by 7% to 55 MNOK (2012 avg: 61 MNOK), whereas the forward exposure increased by 125% to 1 131 MNOK, the highest since April 2011 (2012 avg: 593 MNOK). As for the index products, the OBX option premium increased by 11% to 31 MNOK (2012 avg: 35 MNOK), and the index future turnover fell slightly by 2% to 12.1 BNOK (2012 avg: 16.4 BNOK). The most traded stock option in March was Yara with 8.8 MNOK or 16% of the stock option premium turnover. Telenor and Subsea 7 followed. The top three stock derivatives accounted for 41% of the total stock option turnover for the month. Norsk Hydro, Seadrill and Yara were the most traded stock forwards. Norsk Hydro had a turnover of 303 MNOK, 27% of the total. Starting March 18th, Oslo Børs now offers futures on Oslo Børs OBX Oil Service Index (OBOSX). This summary continues with a presentation of general statistics, followed by a product- and volatility overview towards the end. We hope to see you back in the derivatives market next month. Disclaimer: All information in this presentation is obtained from documents already available to the public. Oslo Børs does not guarantee the accuracy of the information included in the presentation. This report will not be updated if any changes occur due to cancellations. The presentation does not in any way constitute a recommendation by Oslo Børs. Contract Distribution 65 000 60 000 55 000 50 000 45 000 40 000 35 000 30 000 Index Futures Single Stock 25 000 Fwd/Fut Contracts/ Contracts/ day OBX Index Options 20 000 Stock Options 15 000 10 000 5 000 0 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sep 12 Oct 12 Nov 12 Dec 12 Jan 13 Feb 13 Mar 13 TURNOVER - CONTRACTS/DAY (average) Contracts/day last month OBX - FUTURES 14 368 STOCK FWD/FUT 26 941 STOCK OPTIONS 12 952 OBX - OPTIONS 3 541 Contracts/day YTD 2013 OBX - FUTURES 14 017 STOCK FWD/FUT 12 536 STOCK OPTIONS OBX - OPTIONS 13 789 3 670 LIQUIDITY - OPTION PREMIUM DISTRIBUTION OBX Options Option Premium last month Yara International 5.1 % 6.4 % 3.9 % 3.8 % Telenor 3.4 % Subsea 7 7.2 % 3.0 % DNB 3.0 % Statoil 8.6 % 2.2 % Royal Caribbean Cruises Norsk Hydro 2.2 % Gjensidige Forsikring Aker Solutions 10.2 % 1.8 % Storebrand 1.1 % Seadrill 0.9 % TGS Nopec Geophysical Co. Marine Harvest Group 0.4 % Petroleum Geo-Services 0.2 % Renewable Energy Corp 0.1 % Orkla 0.0 % Norske Skog 36.4 % DNO International Tomra OBX Options Option Premium YTD 2013 Yara International 4.8 % 7.0 % 4.2 % DNB Statoil 8.0 % 4.2 % Storebrand 3.6 % 11.1 % 2.8 % Subsea 7 2.6 % Telenor 2.12.5 %% Seadrill Norsk Hydro 2.0 % TGS Nopec Geophysical Co. 1.8 % Royal Caribbean Cruises 1.7 % Petroleum Geo-Services Gjensidige Forsikring 1.2 % Aker Solutions 0.8 % Marine Harvest Group 0.1 % 0.1 % Orkla 0.0 % Renewable Energy Corp DNO International 39.4 % Norske Skog Tomra 4 SINGLE STOCK FORWARD/FUTURE - EXPOSURE DISTRIBUTION Norsk Hydro Stock Fwd/Fut Premium last month Seadrill 8.4 % 7.0 % Yara International 6.2 % Statoil Royal Caribbean Cruises 3.9 % 14.4 % 4.5 % Telenor Petroleum Geo-Services 3.6 % Renewable Energy Corp Aker Solutions 3.1 % Subsea 7 2.3 % Gjensidige Forsikring 0.9 % DNB 0.8 % Marine Harvest Group 0.5 % Storebrand 0.2 % Orkla 17.2 % 0.1 % TGS Nopec Geophysical Co. 0.1 % DNO International 0.0 % Norske Skog 26.8 % 0.0 % Tomra Stock Fwd/Fut Premium YTD 2013 Norsk Hydro Seadrill Yara International 8.2 % 7.8 % 4.7 % Statoil 4.5 % Telenor 11.2 % 4.0 % Royal Caribbean Cruises 4.0 % Petroleum Geo-Services DNB 2.4 % Aker Solutions Subsea 7 12.4 % 2.2 % Renewable Energy Corp 1.3 % 0.9 % Gjensidige Forsikring 0.8 % Storebrand 0.3 % Marine Harvest Group 0.1 % TGS Nopec Geophysical Co. 0.0 % 13.2 % Orkla 0.0 % Norske Skog 22.2 % DNO International Tomra 5 PREMIUM - SINGLE STOCK DERIVATIVES Single Stock Options 80 700 000 70 72 600 000 73 71 68 60 59 500 000 60 56 57 55 50 53 400 000 Contracts - 40 43 36 300 000 30 35 200 000 20 Turnover Turnover Premium MNOK 100 000 Open Interest (avg) 10 0 0 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sep 12 Oct 12 Nov 12 Dec 12 Jan 13 Feb 13 Mar 13 Turnover Premium Open Interest (avg) Single Stock Forwards & Futures 1 200 450 000 1 131 1 400 000 1 000 017 1 350 000 800 300 000 806 818 250 000 Contracts - 600 647 564 554 200 000 502 415 453 400 401 150 000 436 296 Turnover Turnover Premium MNOK 100 000 200 Open Interest Open Interest (avg) 50 000 0 0 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sep 12 Oct 12 Nov 12 Dec 12 Jan 13 Feb 13 Mar 13 Turnover Premium Open Interest (Avg) 6 PREMIUM - INDEX DERIVATIVES OBX - Index Options 60 70 000 60 000 50 52 47 46 50 000 44 40 43 40 000 Contracts Contracts 35 35 - 30 34 32 32 31 28 30 000 20 21 20 000 Turnover Turnover Premium MNOK 10 10 000 Open Interest (avg) 0 0 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sep 12 Oct 12 Nov 12 Dec 12 Jan 13 Feb 13 Mar 13 Turnover premium / month Open interest (avg) Index Futures 30 000 140 000 120 000 25 000 100 000 20 000 19 617 19 18 781 18 80 000 17 095 17 Contracts 18 719 18 17 649 17 15 000 - 15 790 15 60 000 12 798 12 12 712 12 16 270 16 12 060 12 15 511 15 12 277 12 10 000 13 893 13 40 000 Turnover Turnover exposure MNOK 5 000 Open Interest (avg) 20 000 0 0 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sep 12 Oct 12 Nov 12 Dec 12 Jan 13 Feb 13 Mar 13 Turnover exposure MNOK Open Interest (avg) 7 BROKER STATISTICS - MARCH 2013 DNB Bank ASA Equity Options 7.8 % 5.9 % Turquoise 10.3 % 5.5 % Danske Bank AS Enskilda Securities 12.8 % 4.0 % First Securities ASA 1.1 % Pareto Securities AS 1.0 % Sparebank 1 Markets AS 0.9 % Nordnet Bank AB 0.8 % 0.2 % Handelsbanken Capital Markets Carnegie ASA 0.1 % Nordea Markets NetFonds AS 27.3 % 22.3 % Norne Securities AS Arctic Securities ASA Index Options Danske Bank AS 9.8 % 8.2 % Enskilda Securities 7.5 % Turquoise 17.3 % 4.2 % DNB Bank ASA 2.7 % First Securities ASA 1.4 % 0.7 % Handelsbanken Capital Markets Nordnet Bank AB 0.2 % Nordea Markets Sparebank 1 Markets AS 26.5 % NetFonds AS 21.4 % Pareto Securities AS 8 Stock Forwards & Futures 88.2 % DNB Bank ASA Turquoise Handelsbanken Capital Markets 4.6 % Carnegie ASA 4.1 % Sparebank 1 Markets AS Danske Bank AS 1.8 % 0.7 % Enskilda Securities 0.6 % First Securities ASA 0.1 % 0.1 % Index Futures 10.6 % Handelsbanken 6.5 % Capital Markets 4.1 % Turquoise 19.7 % 3.5 % DNB Bank ASA 2.1 % Sparebank 1 Markets AS Danske Bank AS 2.1 % Enskilda Securities 0.2 % 0.2 % Carnegie ASA First Securities ASA 0.1 % Nordea Markets Nordnet Bank AB ABG Sundal Collier 27.1 % Norge ASA 23.8 % RS Platou Markets AS "Turquoise" is a composite entry and includes all derivatives members at Turquoise 9 OBX INDEX - CONSTITUENTS AND OTHER INFORMATION The OBX Index consists of the 25 most traded equities, and the constituents are selected on the basis of six months turnover rating. It is a semi-annually revised free float adjusted total return index (dividend adjusted) with composition changes and cappings implemented on the first Friday after the third Thursday in June and December. In the period between the composition review dates, the number of shares for each constituent is fixed with exception of cappings and continuous adjustments for corporate actions. The OBX Index is a tradable index with exchange traded futures and options available. 27.03.13: 434.21 All time high (22.05.08 close): 462.70 10 The current OBX and OBOSX Index composition can be found below. The Derivatives department at Oslo Børs distributes a daily report with information on the indices and their components. If you would like to receive this daily update, please contact [email protected]. Date: 3. apr. 2013 OBX OBOSX Close - prev. day: 437.85 119.00 OBOSX weight of OBX: 22.47 % Divisor: 1 643 404 915 1 358 652 826 USDNOK: 5.82 Weight % Weight % Close Last Day Dividend Dividend Last Update Free Float Free Float Multiplier Multiplier Value Ticker Company Name in OBX in OBOSX Prev. day Note Incl. Div. Stock in NOK Div.
Load more

Recommended publications
  • Offer to All Non-Us Shareholders of Smedvig Asa to Acquire All Outstanding Shares
    Dear shareholder of Smedvig ASA OFFER TO ALL NON-US SHAREHOLDERS OF SMEDVIG ASA TO ACQUIRE ALL OUTSTANDING SHARES SeaDrill Limited (“SeaDrill”) is pleased to extend an offer to all non-US shareholders to acquire all your class A and class B shares in Smedvig ASA (“Smedvig Shares”) (the “Offer”). · The offered price is NOK 205 per Smedvig class A share (“SME”) and NOK 165 per Smedvig class B share (“SMEB”). · The Offer is subject to only one condition which is that a total acceptance level of more than 50 % of the SME (class A share) is attained. The Offer will be withdrawn if this condition is not either met or waived prior to completion of the Offer. If the Offer is successful, SeaDrill will proceed with a mandatory offer in accordance with the Norwegian Securities Trading Act. · The offer period (“Offer Period”) will last until 18.00 CET on Wednesday 18 January 2006. · Shareholders in Smedvig ASA (“Smedvig”) submitting an acceptance form (the “Acceptance Form”) to Carnegie by 18.00 CET on Wednesday 18 January 2006, by fax +47 22 00 99 60, hand delivery or post will receive cash settlement on or about Monday 23 January 2006 provided they submit necessary settlement details as described in the Acceptance Form. · SeaDrill reserves the right, at its sole discretion, at any time to waive the condition referred to above, and/or to withdraw the Offer at any time if it seems clear that the acceptance level of the Offer will not be achieved, and/or to extend the Offer Period to CET 16.30 on 20 January 2006.
    [Show full text]
  • Offshore Blow-Out Accidents - an Analysis of Causes of Vulnerability Exposing Technological Systems to Accidents
    Offshore Blow-out Accidents - An Analysis of Causes of Vulnerability Exposing Technological Systems to Accidents Thomas G Sætren [email protected] Univesity of Oslo Universite Louis Pasteur Assessing and communicating risks Wordcount: 24983 Preface This thesis is about understanding causes of vulnerabilities leading to specific type of accidents on offshore oil and gas installations. Blow-out accidents have disastrous potential and exemplify accidents in advanced technological systems. The thesis aims to reveal dysfunctional mechanisms occurring within high reliability systems whether in organization or socio –technical interaction. Technological systems form a central place in technological development and as such this thesis is placed in the technology and society group part of the STS- field, though describing technological risks and accidents at group, organizational and industrial sector level. The contents are description on developments in offshore technological design, theories on how organisational vulnerabilities occur, empirical analysis on three major blow-out accidents, empirical analysis on one normal project for reference, sosio-technological historic description on development in Norwegian offshore industry and final analysis Keywords Blow-out, Offshore, Vulnerabilities, Accident causes, Technological development, Social construction of technology, Bravo – accident, West Vanguard, Snorre A, Ormen Lange Acknowledgments I am grateful for the help and advice I received from the researchers Ger Wackers (Univ of Maastricht/Univ of Oslo) and Knut Haukelid (Univ of Oslo) during the later stages of the project. I am also indebt to my two fellow students Marius Houm and for assistance and advice during the process The 14 interviewees I owe big thanks for the time they spent talking to me a novice in the offshore industry.
    [Show full text]
  • Storebrand Livsforsikring AS Annual Report 2011
    Annual report 2011 Storebrand Livsforsikring AS ANNUAL REPORT 2011 2 | ANNUAL REPORT STOREBRAND LIVSFORSIKRING AS Contents Page 4 | Report of the board of directors Page 22 | Profit and loss account Page 24 | Statement of financial position Page 27 | Reconsiliation of change in equity Page 28 | Cash flow analysis Page 29 | Notes Page 114 | Actuary report Page 115 | Declaration by the members of the board and the CEO Page 116 | Audit report Page 118 | Control committee’s statement Page 119 | Board of representatives statement Page 120 | Terms and expressions ANNUAL REPORT STOREBRAND LIVSFORSIKRING AS | 3 ANNUAL REPORT 2011 Report of the board of directors Storebrand Livsforsikring primarily operates in Norway and its head office is in Lysaker Park in the Municipality of Bærum. Storebrand’s position as a leading player in the Nordic occupational pension market strengt- hened through 2011. In addition, several strategic and organisational adjustments were im- plemented in order to increase focus on the retail market. The reason for this initiative is the transition from defined benefit to defined contribution occupational pension schemes, where the individual employees have a greater involvement. Business relationships give the Group a strategic advantage in the relationships established with company employees. OUTLOOK Fusion of corporate and retail markets The shift from defined benefit to defined contribution occupational pension schemes has led to both risks and investment options being transferred from employer to employee. In addi- tion, the pensions reform will lead to lower future pension payments for many employees. In sum, this increases both the need and interest in pensions and private savings significantly.
    [Show full text]
  • 20 Nov, 2020 Seadrill Limited Third Quarter 2020 Trading Update
    Seadrill Limited (SDRL) - Third Quarter 2020 Trading Update Hamilton, Bermuda, November 20, 2020 - Seadrill Limited (“Seadrill” or "the Company") (OSE:SDRL, OTCQX:SDRLF), a world leader in offshore drilling, announces a trading update for its third quarter for the period ended September 30, 2020. Highlights • Technical utilization1 of 94% and economic utilization2 of 92% • Total backlog stands at $2.1 billion • Cash and cash equivalents as at September 30, 2020 was $851m • Stuart Jackson appointed Chief Executive Officer • The role and responsibilities of the Chief Financial Officer are now divided into two new roles: Grant Creed is Chief Restructuring Officer and Neil Gilliver is Chief Accounting Officer Subsequent Events • Following quarter end, approximately $52 million of backlog added: ◦ The Sevan Louisiana was awarded a one firm, plus one optional, well contract with Walter Oil & Gas in US Gulf of Mexico adding $17m backlog over the firm term ◦ The West Neptune has been awarded a one firm well contract with Kosmos Energy in US-Gulf of Mexico, adding $9m backlog ◦ Equinor exercised additional wells on the West Hercules in Norway adding $26m in backlog • Total Angola released the West Gemini from its obligations under the contract. Seadrill is entitled to compensation in the form of a lump sum fee Stuart Jackson, CEO, commented: “Seadrill continues to play its part in establishing a more viable market environment – taking action on scrapping rigs, reducing the cost of operation and support activities, and addressing our capital structure. In doing so, we remain committed to the delivery of safe and efficient operations for our customers.
    [Show full text]
  • Årsstatistikk 2014 – Aksjenorge
    Aksjestatestikk årsskife 14/15 Oversikt: Verdi: 2012 2013 2014 Kvinner: 14,196,427,472 16,189,340,801 15,810,296,390 Menn: 48,396,337,759 58,234,871,293 53,946,681,470 Totalt: 62,592,765,231 74,424,212,094 69,756,977,860 Antall: Kvinner: 113,096 110,700 108,207 Menn: 247,104 242,266 238,180 Totalt: 360,200 352,966 346,387 Verdi totalt, for kvinner og for menn har gått ganske mye ned siden sist årsskifte, nesten tilsvarende opp fra årsskiftet 2012/13. Dette kan vi se i grafen under: Når det kommer til antall aksjonærer har dette gått ned ganske stabilt for kvinner, menn og totalt de siste to årene. Dette sees i grafen under: Selskaper: Top 10 selskaper, antall aksjenærer: Selskaper Antall Selskaper 31.12.2013 Antall 31.12.2014 Selskaper 13.12.2012 Antall STATOIL ASA 92655 STATOIL ASA 97512 STATOIL ASA 99819 NORSK HYDRO ASA 49030 NORSK HYDRO ASA 51450 NORSK HYDRO ASA 51790 ORKLA ASA TELENOR ASA 40636 ORKLA ASA A-AKSJER 41307 A-AKSJER 44147 DNB ASA 40352 TELENOR ASA 41274 DNB ASA 43792 ORKLA ASA A-AKSJER 39542 DNB ASA 39674 TELENOR ASA 42919 GJENSIDIGE GJENSIDIGE FORS. FORS. ASA 34200 GJENSIDIGE FORS. ASA 36587 ASA 41258 YARA YARA INTERNATIONAL 31886 YARA INTERNATIONAL 35384 INTERNATIONAL 36608 RENEWABLE REC SILICON ASA 26061 REC SILICON ASA 27005 ENERGY COR 28206 STOREBRAND STOREBRAND ASA NORSKE SKOGIND. ASA ORD. 22122 ORD. 22273 ASA 24251 NORSKE NORSKE SKOGIND. STOREBRAND ASA SKOGIND. ASA 20964 ASA 21528 ORD. 23300 Litt endringer i passering, men stort sett det samme.
    [Show full text]
  • Seadrill Limited (SDRL) - First Half 2021 Results
    Seadrill Limited (SDRL) - First Half 2021 Results Hamilton, Bermuda, August 20, 2021 - Seadrill Limited (“Seadrill” or “the Company”) (OSE:SDRL, OTCPK:SDRLF), a world leader in offshore drilling, announces a commercial update and provides financial results for the six months ended June 30, 2021. Highlights Operational/Commercial • Technical utilization of 92% and economic utilization of 88% due to downtime incidents on West Saturn and West Tellus. Excluding these units, technical utilization and economic utilization stood at 98% and 94% respectively. • Thirteen owned units operating as of June 30, 2021, with three additional units returning to operations in the second half of 2021. In addition, ten non-owned units remain under Seadrill's management. • Total backlog of $2.1 billion with approximately $0.5 billion added during the first half of the year. Health, Safety, and Environment (“HSE”) • Record safety performance with Total Injury Frequency Rate (“TRIR”) better than industry average. • Maintained our industry-leading carbon management position. Financial • Operating loss decreased to $252 million, includes non-cash impairment of $152 million against the West Hercules rig. • Cash and cash equivalents as at June 30, 2021 of $644 million of which $428 million was unrestricted. Financial Highlights Figures in USD million, unless otherwise indicated 1H21 2H20 % Change Total Operating Revenue 452 461 (2) % Adjusted EBITDA 20 10 100 % Adjusted EBITDA Margin (%) 4.4 2.2 100 % Operating Loss (252) (3,110) (92) % Net loss (605) (2,915) (79) % Subsequent Events • Major milestones reached towards emergence from Chapter 11 bankruptcy by entering restructuring agreements with certain senior secured lenders and senior note holders, representing 58% and 79% of debt outstanding, respectively.
    [Show full text]
  • Seadrill Ltd Form 6-K Current Event Report Filed 2021-04-27
    SECURITIES AND EXCHANGE COMMISSION FORM 6-K Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments Filing Date: 2021-04-27 | Period of Report: 2021-04-27 SEC Accession No. 0001193125-21-132535 (HTML Version on secdatabase.com) FILER Seadrill Ltd Mailing Address Business Address PAR-LA-VILLE PLACE, 14 PAR-LA-VILLE PLACE, 14 CIK:1737706| IRS No.: 000000000 | State of Incorp.:D0 | Fiscal Year End: 1231 PAR-LA-VILLE ROAD PAR-LA-VILLE ROAD Type: 6-K | Act: 34 | File No.: 001-39327 | Film No.: 21855789 HAMILTON D0 HM 08 HAMILTON D0 HM 08 SIC: 1381 Drilling oil & gas wells 441 295 9500 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2021 Commission File Number 333-224459 Seadrill Limited (Exact name of Registrant as specified in its Charter) Par-la-Ville Place, 4th Floor 14 Par-la-Ville Road Hamilton HM 08 Bermuda (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1). Yes ☐ No ☒ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).
    [Show full text]
  • Prospectus of 16 October 2013
    Marine Harvest ASA, prospectus of 16 October 2013 Registration Document Prospectus Marine Harvest ASA Registration Document Oslo, 16 October 2013 Joint Lead Managers: 1 of 50 Marine Harvest ASA, prospectus of 16 October 2013 Registration Document Important information The Registration Document is based on sources such as annual reports and publicly available information and forward looking information based on current expectations, estimates and projections about global economic conditions, the economic conditions of the regions and industries that are major markets for the Company's (including subsidiaries and affiliates) lines of business. A prospective investor should consider carefully the factors set forth in chapter 1 Risk factors, and elsewhere in the Prospectus, and should consult his or her own expert advisers as to the suitability of an investment in the bonds. This Registration Document is subject to the general business terms of the Joint Lead Managers, available at their websites. The Joint Lead managers and/or affiliated companies and/or officers, directors and employees may be a market maker or hold a position in any instrument or related instrument discussed in this Registration Document, and may perform or seek to perform financial advisory or banking services related to such instruments. The Joint Lead Managers’ corporate finance department may act as manager or co-manager for this Company in private and/or public placement and/or resale not publicly available or commonly known. Copies of this presentation are not being mailed or otherwise distributed or sent in or into or made available in the United States. Persons receiving this document (including custodians, nominees and trustees) must not distribute or send such documents or any related documents in or into the United States.
    [Show full text]
  • 23 Apr, 2014 Annual Report 2013 on Form 20-F
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F [_] REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2013 OR [_] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ OR [_] SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report: Commission file number: 001-34667 SEADRILL LIMITED (Exact name of Registrant as specified in its charter) (Address of principal executive offices) Bermuda (Jurisdiction of incorporation or organization) Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton, HM 08 Bermuda (Address of principal executive offices) Georgina Sousa Par-la-Ville Place, 14 Par-la-Ville Road, Hamilton, HM 08, Bermuda Tel: +1 (441) 295-9500, Fax: +1 (441) 295-3494 (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person Securities registered or to be registered pursuant to Section 12(b) of the Act: Common stock, $2.00 par value New York Stock Exchange Title of class Name of exchange on which registered Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of each of the issuer's classes of capital or common stock as of the close of the period covered by the annual report: As of December 31, 2013, there were 468,978,492 shares, par value $2.00 per share, of the Registrant's common stock outstanding.
    [Show full text]
  • 2020 Archer Limited ANNUAL REPORT Archer 2020 Annual Report
    2020 Archer Limited ANNUAL REPORT Archer 2020 Annual Report Contents Board of Director’s Report 4 Responsibility Statement 25 Independent auditors’ report to the members of Archer Board 28 Consolidated Statement of Operations for the years ended 34 December 31, 2020 and 2019 Consolidated Statement of Comprehensive loss for the years 35 ended December 31, 2020 and 2019 Consolidated statement of accumulated other comprehensive 35 Income/(loss) for the years ended December 31, 2020 and 2019 Consolidated Balance Sheet as of December 31, 2020 and 2019 36 Consolidated Statement of Cash Flows for the years ended 37 December 31, 2020 and 2019 Consolidated Statement of Changes in Shareholders’ Equity 38 for the years ended December 31, 2020 and 2019 Notes to the Consolidated Financial Statements 39 Appendix A — Corporate Governance 70 Appendix B — List of Significant Subsidiaries 75 3 Archer 2020 Annual Report Board of Directors’ Report Business overview Archer Limited (Archer or the company), along with its subsidiaries We have further established three overarching strategic directions EBITDA, (Earnings before Interest and Other financial items, Taxes, (the Group), is a global oil services provider with a heritage in Archer is committed to contribut- for Archer. All our business units and cross divisional activities will Depreciation and Amortization) for the year ended December 31, drilling and well services that stretches back over 40 years. We be focused on supporting and developing; 1) low carbon agenda, 2) 2020 was $75.5 million, a reduction of 20.0% compared to 2019. employed approximately 4,500 people in our global drilling and ing to the ongoing energy transition, Resilient oil and gas offering and 3) Green Energy.
    [Show full text]
  • Offer Document
    Offer Document Mandatory offer to acquire all outstanding shares in Scorpion Offshore Ltd (a company registered in Bermuda with registration number 37220) not already owned or controlled by Seadrill Limited (a company registered in Bermuda with registration number 36832) Offer Price NOK 36.00 per share in cash Acceptance Period From and including 10 May 2010 to and including 7 June 2010 Managed by 10 May 2010 IMPORTANT NOTICE This offer document (the "Offer Document") has been prepared by Seadrill Limited (“Seadrill”) in order to document the terms of a mandatory offer for the shares in Scorpion Offshore Ltd (“Scorpion Offshore”) not already owned or controlled by Seadrill pursuant to the requirements of the Norwegian Securities Trading Act (the “Offer”). Shareholders in Scorpion Offshore must rely upon their own examination of this Offer Document and should thus study it carefully so that a balanced judgment can be made of the Offer and the information that is disclosed herein. When considering what actions to take, shareholders in Scorpion Offshore are encouraged to seek the advice of their own financial and legal advisors. The issue and distribution of this Offer Document does not imply that the information included herein will continue to be correct and complete at any date subsequent to the date hereof. With the exception of Seadrill and persons authorised by Seadrill, no person or entity is entitled or authorised to provide any information or make any representations in connection with the Offer. If such information or representation is provided or made by any other subject than Seadrill or persons authorised by Seadrill, such information or representation should not be relied upon as having been provided or made by or on behalf of Seadrill.
    [Show full text]
  • MARKET NOTICE 2015-094 OBX And
    Market Notice 11 December 2015 London Stock Exchange Derivatives MARKET NOTICE 2015/094 OBX and OBOSX – Index Review London Stock Exchange Derivatives Market (LSEDM) informs member firms that Oslo Børs has now determined the revised OBX and OBOSX composition, as below. These changes will be effective from Friday 18 December 2015. OBX INDEX CONSTITUENTS 1H 2016 Entering the OBX Company Schibsted ser. B (SCHB), Bakkafrost (BAKKA) Avance Gas (AVANCE) Leaving the OBX Company Royal Caribbean Cruises (RCL)* Aker Solutions (AKSO) Fred. Olsen Energy (FOE) * due to the impending delisting from Oslo Børs. A new notice with the exact number of shares for each constituent in the OBX will be published by Oslo Børs on Thursday 17 December 2015. OBOSX INDEX CONSTITUENTS 1H 2016 The OBOSX Index is composed of companies that are members of both the OBX Index and the OSE101010 Energy Equipment & Service Index. Following the revised OBX Index, Aker Solutions (AKSO) and Fred. Olsen Energy (FOE) will be removed from the OBOSX index effective Friday 18 December 2015. Member firms are reminded that the OBOSX capping will be removed from 18 December, and constituents will be included with their free float number of shares. If you have any questions please contact Derivatives Operations on +44 (0) 207 797 3617. 1 Derivatives Operations London Stock Exchange Client Technology Services, LSEG Telephone: +44 (0)207 797 3617 [email protected] 10 Paternoster Square, London, EC4M 7LS www.lseg.com 2 OBX 10/12/2015 No Symbol Name Isin Sub Industry * Shares Close
    [Show full text]