Seadrill’s Sonadrill JV extends Sonangol Quenguela Angola contract by about 480 days into June 2028

Reuters03-17

Seadrill’s Sonadrill JV extends Sonangol Quenguela Angola contract by about 480 days into June 2028

Seadrill said Sonadrill, its 50:50 joint venture with an affiliate of Sonangol, received a contract extension in Angola. A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela was exercised, extending operations by about 480 days. The extension commits the rig into June 2028. Seadrill will earn a management fee for providing management, operational and technical support to Sonadrill.

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: 20260316634574) on March 16, 2026, and is solely responsible for the information contained therein.

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