Seadrill has secured new fixtures and contract extensions for four deepwater drillships.
In the US Gulf, Kosmos Energy will take the circular drillship Sevan Louisiana on a 25-day contract with the program set to start in November.
Offshore Indonesia, an unnamed operator has booked the West Carina for an estimated firm duration of 880 days, starting in the first half of 2027, with options to extend by a similar period. Value of the firm term, including a mobilization fee and excluding additional services, is $420 million.
All remaining priced options for the West Capella offshore Malaysia have now been exercised, extending the present operations by 120 days with an additional value to Seadrill of $41 million.
A further 120-day extension could follow. West Capella is now expected to be fully engaged through February 2028.
Finally, Seadrill’s joint venture with Sonangol E.P. In Angola has gained an extension to the contract for Sonangol Libongos, which now runs through January 2030.
“The West Carina award marks the achievement of our longstanding strategic objective to reprice three legacy dayrate contracts to current market levels,” said Seadrill’s President and CEO Samir Ali. “The award and extension for the West Carina and West Capella also demonstrate the increasing activity in Southeast Asia that we have anticipated for some time…”
