Executive management

Alf C Thorkildsen, CEO and President, Seadrill Management AS

Mr Thorkildsen was appointed CEO in June 2008. From 2002 to 2006, Mr Thorkildsen held the position of CFO in the offshore drilling contractor Smedvig, which Seadrill acquired in early 2006. Prior to joining Smedvig he worked more than 20 years in Shell in various senior positions, the last as Treasurer and Controller of the Global EP business. Mr Thorkildsen has a degree in economics from the Norwegian School of Business Administration and a Master of Business Administration from Arizona State University in 1980. Mr Thorkildsen is a Norwegian citizen and resides in Stavanger, Norway.

Trond Brandsrud, CFO and Senior Vice President, Seadrill Management AS

Mr Brandsrud joined Seadrill in February 2007 and has more than 20 years of experience from Shell, more recently in senior finance positions in Shell Exploration and Production in Europe and in Shell's global lubricant business. Mr Brandsrud has also been CFO for Shell in Norway, held senior commercial and project management positions in major offshore development projects operated by Shell and had various finance and commercial roles in Shell's upstream as well as downstream businesses.

Per Wullf, COO and Executive Vice President, Seadrill Management AS

Mr Wullf started working for Seadrill in February 2009. He has more than 28 years of experience from the drilling industry and has held several senior positions in Maersk, most recently as Managing Director of Maersk Contractors in Norway. Mr Wullf's extensive experience includes 11 years of international offshore operations and 17 years onshore. Mr Wullf is a Danish citizen and resides in Stavanger, Norway.

Tim Juran, Executive Vice President, Deepwater Western Hemisphere

Mr Juran started working for Seadrill in January 2007. He has more than 28 years of experience from the drilling industry and has held several senior positions in Transocean and Reading & Bates Drilling Company. Mr Juran's extensive experience includes international onshore and offshore operations. He has a bachelor degree in mining engineering from the University of Wisconsin - Platteville awarded in 1981. Mr Juran is a US citizen and resides in Houston.

Svend Anton Maier, Vice President, Deepwater Eastern Hemisphere

Mr Maier started working for Seadrill in February 2007. He has more than twenty years of experience from the offshore industry. Mr Maier has held several senior positions in Transocean, most recently as country manager in Nigeria, Equatorial Guinea and Gabon. He has a degree in marine engineering from the Maritime Institute of Tønsberg. Mr Maier is a Norwegian citizen and resides in Stavanger, Norway.

Sveinung Lofthus, Senior Vice President, Europe

Mr Lofthus has been responsible for the operations of the mobile units since 2005. He has held various positions both offshore and onshore since 1987, including project and rig management both in Norway and abroad for Smedvig. He has a degree in petroleum engineering from the University of Stavanger. Mr Lofthus is a Norwegian citizen and resides in Stavanger, Norway.

Ian Shearer, Senior Vice President, Jack-ups, Asia Pacific and Middle East

Mr Shearer was appointed Senior Vice President Jack-ups Asia Pacific and the Middle East. He has been responsible for the company's UK activities since 2004. Mr Shearer has some 20 years of experience from the drilling industry of which 13 years is with the offshore drilling contractor Smedvig, which Seadrill acquired in early 2006. Mr Shearer has over the years held several senior positions. He has a bachelor degree in mechanical engineering (Hons) from the University of Aberdeen and a master of science in offshore engineering from Robert Gordon's Institute of Technology, Aberdeen. Mr Shearer is a UK citizen and resides in Singapore.

Alf Ragnar Løvdal, Senior Vice President, Tender Rigs

Mr Løvdal was appointed Senior Vice President, Tender Rigs in April 2009. He was previously CEO in Seawell Management AS. Mr Løvdal has close to 30 years of experience from the oil and gas industry, of which 20 years as responsible for the well services business in the drilling contractor Smedvig, which Seadrill acquired in early 2006. Mr Løvdal has over the years held several senior positions, including general manager operations for the mobile units. Prior to his engagement with Smedvig, Mr Løvdal held various positions in different oil service companies, including five years of offshore field experience with Schlumberger. He has a degree in mechanical engineering from Horten Engineering Academy in Norway. Mr Løvdal is a Norwegian citizen and resides in Singapore.

Alex Monsen, Vice President, Deepwater Projects

Mr Monsen started working for Seadrill in June 2006. He has more than 20 years of experience from the drilling industry and has held several senior positions in Stena Drilling, most recently as Project Manager for Stena Drilling's DrillMax project. He has a bachelor's degree in Naval Architecture from the University of Strathclyde and a Master's degree from Strathclyde Business School. Mr Monsen is a Norwegian citizen and resides in Singapore.

Pål Sørli, Senior Vice President Marketing, Seadrill Management AS

Mr Sørli was appointed Senior Vice Preseident Marketing in September 2008. He joined Smedvig in 1987 and has held several senior positions both in Norway and abroad, most recently as Commercial Manager of Deepwater Units. He earned a degree in economics from the Norwegian School of Management in 1985. Mr Sørli is a Norwegian citizen and resides in Stavanger, Norway.

Kjetil Bjørnson, Senior Vice President, Human Resources

Mr Bjørnson started working for Seadrill in September 2005. He has long industry experience and has held several senior positions in the oil services company Schlumberger both in Europe and in the US. Mr Bjørnson has also held senior positions in the CHC Helicopter Services company. He is a graduate of the Royal Norwegian Naval Academy and served several years on submarines. Mr Bjørnson is a Norwegian citizen and resides in Sandnes, Norway.

Hilde Waaler, Vice President Communications and Public Affairs in Seadrill Management AS

From 1994 to 2006 Ms Waaler was Public Relations Manager in Smedvig, which Seadrill acquired early in 2006. She joined Smedvig in 1987. Previously she held the position of project manager in Fabritius Kommunikasjon. Ms Waaler graduated from the University of Wyoming where she received a bachelor of science degree in 1983, majoring in journalism and public relations. Ms Waaler is a Norwegian citizen and resides in Sandnes, Norway.