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|--------------------------------------------------------|
|                                                        |
| SEADRILL LIMITED                                       |
| (Exact name of Registrant as specified in its charter) |

|                                          |
|------------------------------------------|
|                                          |
| (Address of principal executive offices) |

|                                                 |
|-------------------------------------------------|
|                                                 |
| Bermuda                                         |
| (Jurisdiction of incorporation or organization) |

|                                                                              |
|------------------------------------------------------------------------------|
|                                                                              |
| Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton, HM 08 Bermuda |
| (Address of principal executive offices)                                     |

|                                                                                                                                |
|--------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                |
| Georgina SousaPar-la-Ville Place, 14 Par-la-Ville Road, Hamilton, HM 08, BermudaTel: +1 (441) 295-9500, Fax: +1 (441) 295-3494 |
| (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person                                         |

|        |
|--------|
|        |  |  |  |  |
|   | Common stock, $2.00 par value |   | New York Stock Exchange |   |
|   |   |   |   |   |
|   | Title of class |   | Name of exchange on which registered |   |

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|         |
|---------|
|         |  |
| [X] Yes | [_] No |
|    |   |

|         |
|---------|
|         |  |
| [_] Yes | [X] No |
|    |   |

|         |
|---------|
|         |  |
| [X] Yes | [_] No |
|    |   |

|         |
|---------|
|         |  |
| [X] Yes | [_] No |

|                                        |
|----------------------------------------|
|                                        |  |
| Large accelerated filer  [X] | Accelerated filer  [_] |

|                                                                                         |
|-----------------------------------------------------------------------------------------|
|                                                                                         |  |
| Non-accelerated filer   [_](Do not check if a smaller reporting company) | Smaller reporting company  [_] |

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|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                              |
| Indicate by check mark which basis of accounting the Registrant has used to prepare the financial statements included in this filing:                        |
|                                                                                                                                                         |
| [X]  U.S. GAAP                                                                                                                                     |
|                                                                                                                                                         |
| [_]  International Financial Reporting Standards as issued by the International Accounting Standards Board                                         |
|                                                                                                                                                         |
| [_]  Other                                                                                                                                         |
|                                                                                                                                                         |
| If "Other" has been checked in response to the previous question, indicate by check mark whichfinancial statement item the Registrant has elected to follow. |
|                                                                                                                                                         |
| [_]  Item 17                                                                                                                                       |
|                                                                                                                                                         |
| [_]  Item 18                                                                                                                                       |

|                    |
|--------------------|
|                    |  |
| [_]  Yes | [X]  No |

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|                   |
|-------------------|
|                   |  |  |
| TABLE OF CONTENTS |
|              |   | Page |
| Explanatory Note  |   |  3 |
| ITEM 19. Exhibits |   | 4 |

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|               |
|---------------|
|               |  |
| ExhibitNumber | Description |
| 4.3           | Restricted Stock Unit Plan |

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|        |                                                                                                       |
|--------|-------------------------------------------------------------------------------------------------------|
| Title: | Chief Executive Officer of Seadrill Management Ltd. (Principal Executive Officer of Seadrill Limited) |