History
The company was founded in 2004. In 2005, Smedvig acquired a 10% stake in the company. In November 2006, the company signed a $558 million contract for use of its to-be-constructed drilling rig by Total S.A. The rig was being constructed by Samsung Heavy Industries. In May 2007, Seadrill acquired the company.References
{{Reflist, 1 Companies disestablished in 2007 Defunct companies of Norway Norwegian companies established in 2004 Non-renewable resource companies disestablished in 2007 Non-renewable resource companies established in 2004