headquarters stavanger norway key people kjell e. jacobsen ceo john fredriksen chairman products offshore drilling rigs revenue nok 4 219 million 2005 operating income nok 1 272 million 2005 net income nok 364 million 2005 number of employees 3 750 2006 website www.smedvig.com smedvig asa smedvig ose sme nyse smva was a norwegian offshore oil rig company headquartered in stavanger until it was acquired january 2006 by rig newcomer seadrill . at time of the merger smedvig operated two semi submersibles one drillship and one jack up rig in the norwegian and british sector of the north sea . a fleet of seven tender rigs were operated in south east asia from the singaporean subsidiary smedvig asia . as part of the merger smedvig s staff was transferred to seadrill with smedvig senior personnel assuming key positions in seadrill ceo cfo etc. . smedvig was delisted from the ose and nyse . tanker mogul john fredriksen is the major stake holder in seadrill . seadrill is listed on the oslo stock exchange . history edit smedvig started in 1915 as the shipping company peder smedvig shipping company by peder smedvig . between 1917 and 1959 smedvig was also in the canning industry . in the 1960s the company entered the oil age with investments in supply ships oil tankers and in 1973 the first drilling rig . the company acquired multiple rigs throughout the 1970s and 1980s and in 1988 it bought the competitor dyvi offshore . in 1989 the company was reorganised as a holding company for the smedvig family s drilling operations and in 1990 the company was listed on the oslo stock exchange . between 1991 and 1998 the company was also engaged in floating oil production . in january 2006 seadrill won a bidding war against u.s. drilling rig company noble corporation and subsequently acquired smedvig asa for an equity value of nok 15 bn usd 2.4 bn . the purchase was fredriksen s largest deal to date . retrieved from https en.wikipedia.org w index.php title smedvig & oldid 688767622 categories companies of norwaydrilling rig operatorscompanies established in 1915petroleum industry in norway navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 2 november 2015 at 22 52 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view