FEBRUARY 6, 2019 — Seadrill Limited said today that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.. The new joint venture, Sonadrill, will operate four drillships, focusing on opportunities in Angolan waters.
Each of the joint venture parties will bareboat two drillships into Sonadrill. The Seadrill drillships will be from its existing owned or managed fleet. The Sonangol drillships, Libongos and Quenguela, both...