Stay informed with our
free newsletters

SDRL - Seadrill Limited Announces Contract Award totalling $264m for the West Jupiter in Brazil

Seadrill Limited (“Seadrill” or "the Company") (OSE:SDRL, OTCPK:SDRLF) announces today that it has secured a contract with Petroleo Brasileiro S.A. (“Petrobras”) for work in the Búzios field offshore Brazil for the West Jupiter. The contract is for a firm term of 1,040 days with commencement expected in December 2022. The total contract value is approximately $264m (inclusive of mobilization revenue and additional services).

Seadrill’s Chief Executive Officer, Stuart Jackson, commented, “Petrobras is a long-standing and valued customer of Seadrill and signing a third contract with them this quarter is testament to our strong partnership and commitment to the Brazilian market. Seadrill is focused on growing our fleet in strategic basins where we see high growth potential, such as Brazil, where we are now the largest international drilling contractor.”


Industrial Nitrogen Generator Market - Global Forecast till 2026

Industrial Nitrogen Generator Market - Global Forecast till 2026

by Technology Type (PSA, Membrane-based, Cryogenic based), Size and Design, End-use Industry (F&B, Medical & Pharmaceutical, Transportation, C&P, E&E, Manufacturing) and Region

Download free sample pages

Source: Seadrill Limited
Date: Dec 14, 2021

Share this news: