Seadrill Announces Contract Awards and Extensions in Indonesia, Malaysia, Angola, and the U.S. Gulf
Business Wire•12/10/2026•16:15 ET
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Key Highlights
- ➤West Carina awarded Indonesia contract worth approximately $420 million, firm term 880 days
- ➤West Capella Malaysia options add approximately $94 million and extend operations through February 2028
- ➤Sonangol Libongos options extend Angola operations approximately three years through January 2030
- ➤Sevan Louisiana awarded 25-day Kosmos contract starting November 2026
- ➤Seadrill says over 85% of available 2027 drillship days are contracted
Expert Statements
Samir Ali, President and Chief Executive Officer of Seadrill
“The West Carina award marks the achievement of our longstanding strategic objective to reprice three legacy dayrate contracts to current market levels.”
Samir Ali, President and Chief Executive Officer of Seadrill
“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, while the Sonangol Libongos extension underlines the strength of our joint venture in Angola.”
Samir Ali, President and Chief Executive Officer of Seadrill
“Our strong commercial execution continues to enhance 2027 revenue visibility, with over 85% of available drillship days across the fleet contracted, and we remain well positioned to translate these contracts into stronger earnings and free cash flow.”
Seadrill Announces Contract Awards and Extensions in Indonesia, Malaysia, Angola, and the U.S. Gulf
Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) today announced contract awards and extensions for the West Carina, West Capella, Sonangol Libongos, and Sevan Louisiana.
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