Seadrill awarded contracts in Gulf of America and Angola

Seadrill logo on drillship

Offshore drilling contractor Seadrill Limited (NYSE: SDRL) today reported contract awards for the West Neptune, Sevan Louisiana and Sonangol Quenguela.

In the Gulf of America, the drillship West Neptune was awarded a contract with LLOG Exploration. The four-month program is expected to commence in direct continuation to the current contract, adding approximately $48 million to backlog.

Also in the Gulf of America, the Sevan Louisiana — a Sevan Marine design cylindrically-hulled “round rig” —received an award from an undisclosed operator for a two-month program that is expected to commence in direct continuation to the current contract with Walter Oil and Gas. The campaign will feature the maiden deployment of Trendsetter Engineering Inc.’s well-intervention equipment in the region.

In Angola, a five-well option has been exercised which extends the drillship Sonangol Quenguela‘s operations by approximately ten months, committing the rig into February 2027.

“These awards reflect Seadrill’s ability to contract preferentially in direct continuation to current contracts and avoid costly white space in a challenging market phase,” said Simon Johnson, the company’s president and CEO. “We continue to build backlog into 2026 and beyond, deepening longstanding partnerships with existing and repeat customers.”