Seadrill Partners LLC: Update Following Recent Outlook Stabilization
CORPORATES CREDIT OPINION 21 December 2017 Update RATINGS Seadrill Partners LLC Domicile Marshall Islands Long Term Rating Caa2 Type LT Corporate Family Ratings Outlook Stable Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Shruti Kulkarni +44.20.7772.1388Seadrill Partners is engaged in owning, operating and acquiring offshore drilling units. Co.'s drilling units are under long-term contracts with major oil companies such as Chevron, Total, BP, ExxonMobil and Tullow. Offshore drillings units are categorized in four rigs: jack-up rigs which are mobile, self-elevating drilling platforms equipped with legs that are lowered to the ocean floor; tender rigs conduct production drilling from fixed or floating platforms; semi-submersible rigs operate in a "semi-submerged" floating position; and drillship which are self-propelled ships equipped for drilling in deepwater.
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