Seadrill Announces Two Brazil Contract Awards for Drillships

MT Newswires Live
2024-12-18

Seadrill (SDRL) said late Tuesday its West Tellus and West Jupiter ultra-deepwater drillships each won a 1,095-day contract in Brazil from Petrobras (PBR) with the programs expected to begin in Q1 2026.

Seadrill expects the West Tellus contract to contribute $498 million to its order backlog, including additional services and excluding a mobilization fee of $41 million.

Seadrill expects the West Jupiter contract to contribute $493 million to its order backlog, including additional services and excluding a mobilization fee of $31.5 million.

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