Seadrill Secures $157 Million Drillship Contract in Malaysia

Reuters01-21
Seadrill Secures $157 Million Drillship Contract in Malaysia

Seadrill Ltd. has announced multiple contract awards for its drilling fleet. In Malaysia, the ultra-deepwater drillship West Capella has secured a contract with an undisclosed operator. The contract is expected to begin in the second quarter of 2026 and has an estimated duration of 440 days, with priced options for three additional wells. The total contract value for the firm term is approximately $157 million, including a $5 million mobilization fee and excluding additional services.

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: 20260121730587) on January 21, 2026, and is solely responsible for the information contained therein.

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