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.
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.
Industry Benchmark
Seadrill's score of 6 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 586,024,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 405,630 kg CO2e from Scope 2 emissions. Scope 3 emissions accounted for about 174,078,50 kg CO2e, with significant contributions from purchased goods and services (170,004,080 kg CO2e) and downstream leased assets (41,404,990 kg CO2e). Comparatively, in 2021, Seadrill's total emissions were approximately 615,116,000 kg CO2e, indicating a notable increase in emissions year-on-year. The breakdown for 2021 shows Scope 1 emissions at 599,885,000 kg CO2e, Scope 2 at 265,000 kg CO2e, and Scope 3 at 14,966,000 kg CO2e. Seadrill has not disclosed specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded emissions data from a parent organisation, and there are no reported SBTi (Science Based Targets initiative) targets or climate pledges. Overall, Seadrill's emissions data reflects the challenges faced by the offshore drilling industry in managing carbon footprints, with a clear need for enhanced climate strategies and commitments moving forward.
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| 2017 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| 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
Location emissions intensity
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.
