User:Sahb1313/sandbox

North Atlantic Drilling is a harsh environment drilling company operating in the North Atlantic Basin. It is a 74 percent owned subsidiary of Seadrill and operates from Stavanger,Norway. It also has operations in Bergen and Aberdeen. The company operates Semi-submersibles, Jack-ups and Drillships, and the fleet consists of 7 harsh environment units and 2 newbuilds. Today the company has approximately 1400 employees, and is excpected to grow significantly in the future. . The company is currently listed on the N-OTC list in Norway, but has initiated the process of listing its shares in the US

History
North Atlantic Drilling was created in February 2011 as the result of a carve-out of six units from the company Seadrill. Five of these were harsh environment Drilling rigs and one Jack-up, which at the time was under construction. It has latere aquired two other units, as well as taken over the management of another of Seadrill's rigs.

In December 2012 North Atlantic Drilling announced that it had filed a registration statment with the US Security and Exchange Commission (SEC). It has applied to list its shares on the New York Stock Exchange under the name "NADL".

In January 2013 Alf Ragnar Løvdal became the new CEO of the company. He has previosuly held positions in other regions within Seadrill.

Fleet Overview
As of April 2013 North Atlantic Drilling operates the following rigs: