Public Profile

Seadrill

Seadrill Limited, commonly referred to as Seadrill, is a leading offshore drilling contractor headquartered in Bermuda (BM). Established in 2005, the company has rapidly expanded its operations across key regions, including the North Sea, West Africa, and the Gulf of Mexico. Specialising in the provision of drilling services for oil and gas exploration, Seadrill is renowned for its advanced fleet of drillships and semi-submersible rigs, which are equipped with cutting-edge technology. With a commitment to safety and efficiency, Seadrill has achieved significant milestones, including the successful deployment of innovative drilling solutions that enhance operational performance. The company holds a strong market position, recognised for its reliability and expertise in deepwater drilling. Seadrill continues to set industry standards, making it a prominent player in the global offshore drilling sector.

DitchCarbon Score

How does Seadrill's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

6

Industry Average

Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

13

Industry Benchmark

Seadrill's score of 6 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

32%

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Seadrill's reported carbon emissions

In 2022, Seadrill reported total carbon emissions of approximately 856,644,000 kg CO2e. This figure includes 586,023,880 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 405,630 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The company also disclosed significant Scope 3 emissions, which totalled approximately 270,620,000 kg CO2e, encompassing various categories such as business travel and purchased goods and services. In previous years, Seadrill's emissions were as follows: in 2021, total emissions were about 615,116,000 kg CO2e; in 2020, they were approximately 738,298,000 kg CO2e; and in 2019, total emissions reached around 921,891,000 kg CO2e. Notably, there was a significant reduction from 2019 to 2021, indicating a positive trend in their emissions management. Despite these figures, Seadrill has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or similar frameworks. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may not have formalised strategies for future reductions. Seadrill's headquarters is located in BM, and the company operates within an industry increasingly focused on sustainability and reducing carbon footprints. As such, ongoing monitoring and potential future commitments to emissions reduction will be crucial for aligning with global climate goals.

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20172019202020212022
Scope 1
696,966,850
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
1,998,150
0,000,000
000,000
000,000
000,000
Scope 3
566,225,000
00,000,000
00,000,000
00,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Seadrill's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Seadrill is in BM, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Seadrill is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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