Industry ranking
Score of 96.1/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 16 | 100% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 21 | 90% | 0% | 10% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 32 | 69% | 17% | 14% | 75% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 24 | 78% | 16% | 6% | 17% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 13 | 87% | 12% | 1% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 35 | 59% | 34% | 7% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 35 | 74% | 22% | 3% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard contractual terms for goods and services is 60 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Please see below for contact details for the Service and Support team, please allow 48 hours for a response:- • PO’S BEGINNING WITH 841 • InvoiceQuery.NADL@seadrill.com • PO’S BEGINNING WITH 141 • InvoiceQuery.CORP@seadrill.com • PO’S BEGINNING WITH 400 or 630 • InvoiceQuery.ASIA@seadrill.com • PO’S BEGINNING WITH 641,156,615 • InvoiceQuery.AFME@seadrill.com • PO’S BEGINNING WITH 701 • InvoiceQuery.US@seadrill.com • PO’S BEGINNING WITH 257 • InvoiceQuery.SEAMX@seadrill.com Escalation point 2 - Service and Support team Supervisors for urgent queries and no response from regional contacts within 48 hours. Natassjia.flute@seadrill.com Helen.Hallman@seadrill.com Final escalation If after 48 hours, you’ve not had a response from the Supervisors, please contact the Global Accounts Payable Manager:- Sarah.Cotgrave@seadrill.com
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Seadrill UK Operations Ltd is a Scottish-registered company based in Aberdeen, forming part of the Seadrill group, an offshore drilling contractor listed on the New York and Oslo stock exchanges. The wider group operates a fleet of drilling rigs used from shallow to ultra-deep water in harsh and benign environments, providing offshore drilling services to national, integrated and independent oil and gas companies worldwide. Its official business classification is extraction of crude petroleum, though the group's core activity is providing drilling equipment, crews and technology rather than producing oil itself. This entity represents the UK operational arm within Seadrill's global structure, which also includes offices in Norway, the USA, Brazil, Bermuda, Singapore, Dubai and Angola.
Generated from the company's website and Companies House records. Sources: seadrill.com · seadrill.com