Seadrill (SDRL) has secured contract awards and extensions for its drilling rigs, the company said late Monday.
The West Carina won a contract in Indonesia valued at about $420 million for the firm term and the program is expected to begin in H1 of 2027, the company said.
The company said West Capella is now expected to work in direct continuation through February 2028. All remaining priced options have been exercised for the Sonangol Libongos in Angola, committing the rig through January 2030, it added. Also, Sevan Louisiana secured a 25-day contract, with operations expected to begin in November.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments