Seadrill Limited has announced new contract awards for its rigs West Neptune, Sevan Louisiana, and Sonangol Quenguela.
In the U.S. Gulf of Mexico, the West Neptune has secured a contract with LLOG Exploration. The four-month program is scheduled to begin immediately following the current contract, contributing approximately $48 million to Seadrill’s backlog.
Meanwhile, the Sevan Louisiana also received a contract award in the U.S. Gulf from an undisclosed operator for a two-month program. This engagement is set to start directly after its current contract with Walter Oil and Gas. The campaign will mark the first use of the Trendsetter well-intervention equipment in the region.
In Angola, an option for five wells has been exercised, extending the Sonangol Quenguela’s operations by around ten months, keeping the rig contracted through 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, President and Chief Executive Officer. “We continue to build backlog into 2026 and beyond, deepening longstanding partnerships with existing and repeat customers.”
