Seadrill Limited (Seadrill) announced on Friday (Nov26) that it has secured two contracts with Petroleo Brasileiro S.A. (Petrobras).
Both contracts have been signed on a 3-year fixed-term basis, with expected commencement in September 2022. Total contract value for the two contracts is approximately $549m (inclusive of mobilization revenue and additional services).
Seadrill’s Chief Executive Officer, Stuart Jackson, commented: “We are delighted to continue our long association with Petrobras with the award of two 3-year firm contracts for the West Carina and West Tellus on the Búzios field. Brazil is a strategically important market for the offshore sector and I am pleased that Seadrill will continue to play an increasingly significant role in the coming years.”
Source: Seadrill