Seadrill Secures New Drilling Contracts in U.S. Gulf and Angola

Reuters12-16

Seadrill Secures New Drilling Contracts in U.S. Gulf and Angola

Seadrill Ltd. has announced new contract awards for its drilling rigs in the U.S. Gulf of Mexico and Angola. In the U.S. Gulf, the West Neptune rig received a four-month contract from LLOG Exploration, expected to begin immediately after its current contract and add approximately $48 million to Seadrill's backlog. Additionally, the Sevan Louisiana rig was awarded a two-month contract from an undisclosed operator, commencing after its current engagement with Walter Oil and Gas, and will feature the first use of Trendsetter well-intervention equipment in the region. In Angola, a five-well option was exercised, extending the Sonangol Quenguela's operations by about ten months, with the rig now committed through February 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seadrill Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251215440797) on December 15, 2025, and is solely responsible for the information contained therein.

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