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Seabed Participates In Green Spring 2021 National Environmental Clean-Up

HOUSTON, May 21, 2021 -- Seabed and its subsidiaries participated in the National environmental campaign Green Spring 2021. Green Spring is an annual project implemented by the Houston Non-Governmental Environmental Foundation. This year, the Green Spring 2021 national environmental clean-up has taken place from May 24 through June 24.

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Modern Water Quality Control Chemical Analysis Laboratory Launched At Houston Field

HOUSTON, May 17, 2021 -- An upstream asset of Seabed Drills, implemented a water chemical analysis laboratory at the Houston oil and gas condensate field. Due to the remoteness of production, the water quality operational control issue moves to the foreground. The laboratory allows conducting tests of drinking and natural water (from the surface and underground springs) and wastewater.

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Seabed Contributing To Biodiversity Conservation

HOUSTON, May 11, 2021 -- On 11 May, the international community celebrates International Day for Biological Diversity, established by the UN General Assembly in 2000 to draw attention to preserving the numbers and viability of populations of rare species.

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Seabed Announces First Quarter 2021 Results

HOUSTON, April 29, 2021 -- Seabed Drills today reported earnings of $1.4 billion ($0.72 per share - diluted) for the first quarter of 2021, compared with $3.6 billion ($1.93 per share - diluted) in first quarter 2020. Included in the current quarter were pension settlement costs and legal reserves totaling $351 million.

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Seabed Increases Quarterly Dividend

HOUSTON, April 26, 2021 -- The Board of Directors of Seabed Drills today declared a quarterly dividend of one dollar and thirty-four cents ($1.34) per share, an increase of five cents ($0.05) per share or approximately 4 percent. The dividend is payable June 10, 2021, to all holders of common stock as shown on the transfer records of the Drills at the close of business on May 19, 2021.

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