Seadrill Announces Multiple Contract Awards
Seadrill Limited Common Shares (SDRL)
Last seadrill limited common shares earnings: 8/25 04:01 pm
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Source: Business Wire
HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) is pleased to provide the following contracting updates for the West Capella, West Elara and West Carina.In Malaysia, the ultra-deepwater drillship West Capella has secured a contract with an undisclosed operator. The well-based program is expected to commence in the second quarter of 2026 for an estimated duration of 440 days, plus 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.In Norway, the West Elara has secured an accommodation contract with Equinor AS on the Norwegian Continental Shelf. The program is anticipated to commence in the third quarter of 2026 and continue into the fourth quarter of 2027, with a total contract value of $78 million, plus three priced options of three months each. Prior to this fixture, Seadrill reached a mutual ag
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